ISTANBUL: Inflation and interest rates in the US may stay higher than the market expects, JPMorgan Chase Chairman and CEO Jamie Dimon said Friday.
“There has been some progress bringing inflation down, but there are still multiple inflationary forces…
ISTANBUL: France’s economy is expected to expand 0.9% this year and 1.3% next year, according to the International Monetary Fund (IMF) on Friday.
“Despite a recovery slowdown in 2023, the French economy has remained relatively resilient in the face o…
ISTANBUL: Argentina’s consumer inflation slowed to an annual gain of 271.5% in June, according to data released Friday by the National Institute of Statistics and Censuses (INDEC).
The figure marks a slowdown from a year-on-year gain of 276.4% in May…
ISTANBUL: Spain’s annual Consumer Price Index came in at 3.4%, according to data from the country’s statistical office released on Friday.
The figure eased from a 3.6% increase in May, said the National Statistics Institute.
Transport prices increas…
ISTANBUL: Uruguay’s economy is expected to grow 3.4% this year and 3% next year, the International Monetary Fund (IMF) said Thursday.
“The economy is expected to strongly rebound in 2024, while macroeconomic risks are broadly balanced,” the IMF said …
ISTANBUL: The US stock market index Dow Jones industrial average on Friday climbed above the 40,000 record-high level for the first time in history.
The index increased to the all-time high level of 40,098.99 level at 11.51 a.m. EDT (1551GMT).
It wa…
