The Bank of Israel is expected to keep its key interest rate unchanged at 4.5 percent for the fifth consecutive meeting. This decision comes amid rising inflation and the ongoing economic impact of the war in Gaza.

Israel holds interest rate amid war & inflation

India’s economic survey proposed a significant shift in monetary policy: excluding food prices from the inflation measure. According to the Reserve Bank of India’s August bulletin, this move could address persistent issues with high food inflation. But will this simplification overlook the economic strain facing Indian households?

India's inflation debate: To include or exclude food?

Desperate times call for desperate measures measures even if that includes staying in a loveless and an unhappy marriage. Unfortunately ask some of the couples in the UK, they will tell you that everything has become so expensive there that unhappily married couples would rather stick it together than move out and live separately. Watch in for more details!

Gravitas: UK couples are postponing divorce due to inflation: Reports

The Indian men’s hockey team came from a goal down to beat Spain 2-1 and win the bronze medal at the Paris 2024 Olympics and gave a befitting farewell to veteran goalkeeper PR Sreejesh who played his last International match on Thursday.

Paris Olympics 2024: India win back-to-back medals for the first time since 1972

In a much-anticipated move, the Reserve Bank of India's six-member Monetary Policy Committee has kept the repo rate unchanged at 6.5 per cent for the ninth time in a row, citing risks from higher food inflation.

RBI keeps repo rate intact amid fears of inflation, provides relief to borrowers

Soaring prices have hit consumers hard, with grocery bills, car costs, and dining-out expenses skyrocketing nationwide. Now, a new study suggests inflation is also fueling another alarming trend: a surge in shoplifting.

Shoplifters cite inflation and economic hardships as key reasons for stealing

The US economy grew more strongly than expected in the second quarter, at a robust annualised rate of 2.8 per cent, according to figures from the Commerce Department on Thursday.

US economy surges in Q2, inflation eases, rate cut anticipation grows

India's Finance Minister will be announcing the Union Budget on July 23rd. Just weeks after the election, the government seeks to push economic growth via inflation stabilisation across sectors. Here's a report on what small business owners have to say on the challenges they face, and hopes they have from the budget.

Small business owners on budget expectations

Imagine you find out the mechanic who has been working on your vehicle for a long time knows very little about how the engine operates. You felt they were pulling it off brilliantly.

Have global central banks lost the inflation fight?

Jamie Dimon, CEO of JP Morgan chase, has issued a cautionary note on inflation and interest rates, emphasizing persistent challenges despite recent moderation in price pressures.

JP Morgan CEO cautions on economic challenges

Egypt's urban inflation rate dipped to 27.5 percent in June, the lowest level since early 2023. This represents a continued slowdown despite a historic 300 percent increase in the price of subsidised bread, a staple for many Egyptians.

Egyptian inflation slows for fourth consecutive month in June

Japanese workers are feeling the pinch. Real wages, which account for inflation, have fallen for a record 26th consecutive month. This is despite a positive trend in nominal wages, the actual amount workers take home.

Japan's wages fall as prices rise

We look at what investors will track this week from the macro point of view. The Federal Reserve's preferred inflation indicators are expected to show the most moderate monthly rises since the end of last year. This could pave the way for interest rate cuts as early as September.

Investors will eye India's fiscal data ahead of budget

The Reserve Bank of India (RBI) warned on Monday (June 17) that rising food costs impede recent gains in lowering inflation, signalling that attempts to reduce prices would continue.

RBI cautions high food prices hampering inflation control efforts

The UK economy faces a year of mixed signals. EY predicts subdued growth in 2024, but more robust in 2025. This is attributed to falling inflation, expected interest rate cuts by the Bank of England, and rising consumer spending.

Bank of England keep rates on hold, UK inflation meets at target but caution remains | Race To Power

Is the worst of inflation behind us? The latest US inflation report suggests a notable shift in the right direction, offering cautious optimism amidst ongoing economic uncertainties.

Is the US FED ready to start cutting rates?

Now, we turn our attention to the Russian economy. Is the Russian economy overheating? Likely, because the latest inflation surge has taken the Russian central bank by surprise.

Russia's overheating economy puts rate hike back on table

Let's look at what to watch this week for cues on the US Federal reserve's rate path. The Fed's favourite inflation measure is expected to show a little respite from stubborn price pressures. This supports central bankers' caution in lowering interest rates.

Timing of Fed's interest-rate cuts on knife's edge

Let's look at how markets opened this morning. Asian stocks traded in a narrow range, and the dollar fell in anticipation of a series of inflation reports that would likely shape the course of global monetary policy.

Asian stocks tread water before inflation data

Now, we look at cues to watch this week to see what's shaping the global. Interest rate scenario - just as the group of seven meets in italy to discuss the global economy, inflation-related announcements across the member states will prepare central bankers for June's interest-rate decisions.

What are the cues investors will focus on this week?

This week's data brought excellent news for the US Federal Reserve on two fronts, with consumer prices rising more slowly than expected in April and retail expenditure holding flat.

US Federal Reserve officials cautiously optimistic on inflation, rate cut uncertain

US import prices in April experienced their most noteworthy increase in two years, supported by higher costs for energy products and other goods. According to Reuters, this development suggests that domestic inflation may remain elevated for a longer period, complicating the economic outlook.

US import prices see largest surge in two years, raising inflation concerns

US consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut.

US inflation resumes downward trend, boosts rate cut hopes

India reported an inflation rate of 4.83 percent in April. That's close to the 4% medium term target set by the country's central bank. So, does this mean that the RBI can now look to cut interest rates? That's what this report decodes.

India | Is inflation under control for an interest rate cut?

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