Bailey’s Rate-Cut Plan Is Set to Differ From Powell’s
The Bank of England may offer a clearer signal in the coming week on whether it plans to cut interest rates this summer, just as investors bet on a delayed outlook for easing.
The Bank of England may offer a clearer signal in the coming week on whether it plans to cut interest rates this summer, just as investors bet on a delayed outlook for easing.
Pakistan’s Fast Cables Ltd. is planning one of the nation’s largest share listings this month, taking advantage of a rally in the local stock market to a record high.
Australia plans to wipe out about A$3 billion ($2 billion) from student loans, cutting the debt of more than three million people, as the country continues to grapple with inflation and cost-of-living pressures.
Togo’s ruling party won a landslide in last week’s legislative elections, setting the stage for the family dynasty of President Faure Gnassingbé to extend its 57-year rule of the West African nation.
Russia’s fortress economy has proved remarkably resilient to an onslaught of Western sanctions. Two years after the Kremlin’s invasion of Ukraine, it continues to fund a costly war and to prop up President Vladimir Putin.
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