Economy
European Central Bank chief says interest rate path in good position, committed to 2% target
'Our determination, our commitment, and our duty are to keep price stability, and price stability is around 2% inflation,' Christine Lagarde says
European Central Bank chief says interest rate path in good position, committed to 2% target
'Our determination, our commitment, and our duty are to keep price stability, and price stability is around 2% inflation,' Christine Lagarde says
US economy adds 147,000 jobs in June, exceeding expectations
Unemployment rate down to 4.1% in June, US Labor Department data shows
Russia’s new car sales down 27% in H1
546,000 units sold in 1st half of 2025, down 27%, while car sales in June alone dropped 29%, according to Russian Industry and Trade Ministry
OECD annual inflation slows to 4% in May, lowest in 4 years
Core inflation down to 4.4%; energy inflation declines across most OECD countries in May
US rescinds some chip export restrictions against China
Some chip curbs lifted on US-based firms amid trade truce between Washington and Beijing
Türkiye's annual inflation slows to 35% in June, beating expectations
Consumer prices in June up 35.05% year-on-year and 1.37% month-on-month
