Claiming Social Security at 62 reduces benefits by 30 Percent Claiming Social Security at 62 results in a permanent 30 Percent cut in monthly benefits. For someone with a full retirement age of 67, this cut applies for the rest of their life and their surviving spouse
Deutsche Bank forecasts UK GDP at 1% in 2026-27, exceeding Bank of England Scenario A, while CPI may dip below 2% target. UK economic growth is tracking above the Bank of England’s Scenario A projections, with GDP expected to reach around 1% in 2026-27. Stronger-than-antic
May CPI at 1.2% and core inflation at 1.1% signal subdued consumer demand amid rising producer prices. China’s May Consumer Price Index rose 1.2% year-on-year, while core inflation held at 1.1%, reflecting persistent weak consumer demand. Producer Price Index reached a fou
Beijing tightens capital flow rules to curb yuan strength despite a record $105.4bn trade surplus in May. China’s yuan remains stable as authorities combine targeted monetary easing with stricter capital controls to limit currency appreciation. The measures aim to offset u
US consumer sentiment improved slightly in June The University of Michigan's Consumer Sentiment Index rose to 48.9 in June. This increase followed a reading of 44.8 in May. The June print exceeded market expectations.
The University of Michigan’s preliminary June index rose to 48.9, exceeding the expected 45.2 and marking a rebound from May’s 44.8. U.S. consumer sentiment improved in June, with the University of Michigan’s preliminary index rising to 48.9 from 44.8 in May. The reading s
June’s preliminary Michigan Sentiment Index is forecast at 46.0, slightly above May’s all-time low of 44.8, signaling persistent economic pessimism. The University of Michigan’s preliminary June Consumer Sentiment Index is expected to show a marginal improvement to 46.0, u
Final Spanish CPI matches preliminary data, while core inflation rises to 3.0% year-over-year, exceeding prior levels. Spain’s May consumer price index remained unchanged at 3.2% year-over-year, aligning with preliminary estimates. The harmonized index of consumer prices (
Britain’s economy contracted for the first time in three months, aligning with analyst expectations amid weak services and production output. The UK economy shrank by 0.1% month-over-month in April, following a 0.3% expansion in March. The decline matched consensus forecas
Final May CPI data confirms preliminary readings, easing from April’s 2.9% as price pressures moderate. Germany’s consumer price index rose 2.6% year-over-year in May, matching preliminary estimates and slowing from April’s 2.9% increase. The harmonized index of consumer p