US small business signals pessimism.

The NFIB (Federation of Independent Businesses) optimism index showed a decline from 90.1 in April to 89 in May. The main challenges are labour market and inflation. At the same time, the impact of inflation is weakening—the number of those who are raising prices is decreasing. And tensions with the workforce are increasing—the proportion of those who note problems with both quality and quantity of staff is rising.

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The Bank of England expectedly raised the discount rate to 4.5%.

Central bank officials ruled out the possibility of a recession and raised their February forecast for economic growth by mid-2026 to 2.25%. If there are signs of more sustained high inflation, moneta

Remarks by U.S. Treasury Secretary J. Yellen at the G7 Summit A debt default could ..

A debt default could spell economic and financial disaster. It would undermine the U.S. ability to provide international leadership and protect national security. A different system of decision-making

Inflation in Germany stabilised at 7.2% y/y

The ECB still has a long way to go to reach 2% inflation. ECB board member Schnabel said that core inflation is still very high. The rate will be raised until there are consistent signs of a fall in i

US small business signals pessimism.

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