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Economy BBC

Fed hints at looming US slowdown
The Federal Reserve hints at a possible slowdown in US growth in its latest Beige Book report on the state of the economy.

US price growth fuels rate fears
Rising energy costs push up US consumer prices in May, raising the possibility of a further rise in interest rates.

Storm subsides on world markets
Global markets pause for breath, with sentiment buoyed by US gains, after the recent global sell-off.

Further rise in UK jobless total
The UK jobless total rose by 77,000 to 1.61 million between February and April, official figures show.

UK watchdogs 'must oversee LSE'
UK watchdogs must continue to regulate the London Stock Exchange if it is taken over by a foreign firm, the government says.

Scandal rocks Bank of Japan boss
The Bank of Japan governor is facing calls for his resignation over his links to a fund manager arrested for insider trading.

Assets Recovery Agency 'failing'
The agency set up to seize UK criminals' assets has recovered just £8m from law breakers since 2003.

Price data hints at US inflation
Core US producer prices rose by more than expected in May, figures show, indicating inflationary pressures remain.


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