Lisbon: The Bank of England (BoE) Governor Andrew Bailey stated that the policy rate is trending downwards, although it remains restrictive for the time being. Bailey’s remarks came during his participation at a European Central Bank forum in Portugal…

Berlin: The unemployment rate in Germany dropped from 6.4% to 6.3% in June, according to official figures released on Tuesday. The data highlights a slight improvement in the labor market, with a gender-specific breakdown showing unemployment at 6.5% …

Lisbon: US Federal Reserve Chair Jerome Powell stated on Tuesday that the central bank would have reduced the policy rate if not for the high tariffs imposed by US President Donald Trump. Powell’s comments were made during a European Central Bank foru…