INT
Limited ECB rate cut scope in the second half of 2024
Euro-area inflation rose to 2.6% in May, the first acceleration this year and driven by higher services inflation
EURaising UK incomes is a priority but is challenging
UK real income growth has been very modest since 2010, compared to both past decades and other major economies
United KingdomClimate adaptation risks being dangerously underfunded
The OECD report ‘Climate Finance and the USD100bn goal’ gives new detail on climate funding to developing economies
InternationalWorkforce underuse fuels political instability
The International Labour Organization has reduced its forecast for global unemployment but highlights workforce underuse
InternationalHousing is key to US economic performance and policy
US consumer confidence edged up in May but so did recession expectations; house prices remain historically high
United StatesCommodities M&A will rise, led by the United States
US oil and gas M&A rose to the most since 2012 by value last year and deals by Chevron and Conoco Phillips continue this
InternationalPolicy can deal with climate and development together
The poorest nations are, by and large, the most vulnerable to climate change impacts but have the least capacity to cope
InternationalGerman recovery will be weak and ECB rate cuts gradual
Germany’s IFO business climate index stuttered in May and the ECB confirmed that it is planning to cut rates on June 6
International
