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Reserve Bank of New Zealand Governor Brehman: Expectations of higher costs could keep inflation high.

2026-05-29

Reserve Bank of New Zealand Governor Brehman: Expectations of higher costs could keep inflation high.

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2026-05-29

Istat revised Italy's Q1 GDP growth to 0.3% quarter-on-quarter, up from a prior 0.2% estimate and matching Q4 2025. Consumption, investment and trade all showed improvement. The government lost a judicial reform referendum last month and 2025's fisca

Istat revised Italy's Q1 GDP growth to 0.3% quarter-on-quarter, up from a prior 0.2% estimate and matching Q4 2025. Consumption, investment and trade all showed improvement. The government lost a judicial reform referendum last month and 2025's fiscal deficit exceeded the EU 3% limit. Growth momentum from 2025 was later hit by a Middle East conflict linked to Iran, which pushed up fuel costs and dented confidence, prompting the government to lower its growth forecasts. Bank of Italy Governor Panetta said activity is expected to remain weak in coming months and “in the worst case the economy could stagnate or contract.”
2026-05-30

Daly said productivity gains are an important channel for growth and can enable firms to expand payrolls.

Daly said productivity gains are an important channel for growth and can enable firms to expand payrolls.
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