President Donald Trump’s former chairman of the National Economic Council Gary Cohn doesn’t think that the country is likely to meet the economic goals for 2026. Speaking at an event hosted by Semafor, Cohen, who still advises Trump on economic matters, was asked about the administration’s promise to hit 4 to 5 percent growth goals
Wednesday 15 April 2026 4:01 pm Goldman led Wall Streets equities trading haul. Wall Street’s top banks are toasting a record revenue haul this week, but industry chiefs also struck a note of caution after bumper profits were driven by market volatility. JP Morgan led the pack with a net income of $16.5bn in the
The Government Debt Management Agency (ÁKK) sold HUF 47 billion of securities at auction on Thursday, approximately HUF 3 bln less than planned. ÁKK sold HUF 20 bln of discount 12-month T-bills, in line with the original offer. Primary dealers bid for HUF 22.9 bln of the bills. Average yield was 6.35%, 2 bp over
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Tuesday 14 April 2026 9:44 am Rachel Reeves has been warned about a shortfall in defence spending. Getty Rachel Reeves and Sir Keir Starmer have been slammed for a failure to provide defence with a substantial cash injection as a former Nato secretary general said an “ever-expanding welfare budget” would not keep the UK secure.
Inflation skyrocketed in the month of March by nearly a full percentage point, to 3.3 percent annually, against a goal of two percent. Professor of economics Justin Wolfers, a frequent cable news guest, calls the March spike “eye-popping.” “Inflation surged in March due to the war in Iran,” Heather Long, chief economist at Navy Federal
The K&H large corporate growth index remained unchanged at -3 points in the first quarter, signaling stable but cautious sentiment among Hungary’s biggest companies, according to the latest survey. While the upward trend seen since mid-2025 has paused, the composition of the index shows some internal shifts. The macroeconomic sub-index stood at -14 points, indicating
Monday 13 April 2026 10:15 am Reeves has been urged to cut taxes to boost growth. British voters want Rachel Reeves to cut taxes and reduce energy costs in order to focus on growth as a majority of people felt the UK economy was “poor”, new research has shown. Polling by Freshwater Strategy for the
President Donald Trump insists the US economy has never done better than under his second term, but a right-leaning magazine just published an article claiming the opposite is true — indisputably so. “Tariffs implemented last year by President Donald Trump’s administration are entirely to blame for the recent surge in prices for consumer and household
Hungary’s general government deficit improved in 2025, narrowing to 4.7% of GDP, according to preliminary data from the Hungarian Central Statistical Office (KSH) reported to Eurostat. The improvement represents a year-on-year gain of HUF 126 billion, or roughly 0.5 percentage points of GDP. The general government recorded a deficit of HUF 4.059 tln last year