ECB’s Knot backs market forecast for rate cuts
European Central Bank (ECB) policymaker Klaas Knot expressed support for market expectations of interest rate cuts…
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Inflation
Italy’s inflation 0.1% MoM up in Dec. ’24
Italy's inflation remained stable in December 2024, with the consumer price index (CPI) rising by 0.1 per cent…
Germany sees inflation slowdown in ’24
Germany's inflation eased in 2024 with consumer prices rising by an average of 2.2 per cent, marking a significant…
Australian consumer sentiment dips again in Jan.
Australian consumer sentiment declined for the second consecutive month in January due to financial stress at the…
ECB aims for balanced rate cuts in 2025 – Lane
The European Central Bank (ECB) is poised to ease monetary policy further this year but must tread carefully to…
Kenya’s economy grows by 4.0% in Q3 ’24
Kenya’s economy recorded a 4.0 per cent growth in the third quarter of 2024, down from 6.0 per cent in the same…
Bank of Israel maintains rate at 4.5%
Bank of Israel decided on Monday to maintain the interest rate at 4.5 per cent. Economic activity is recovering at…
S. Africa PMI dips below 50 in Dec ’24
South Africa's Purchasing Managers’ Index (PMI) slipped to 49.9 in December 2024, down from 50.9 in November,…
Sri Lanka’s CCPI inflation falls 1.7% in Dec. ’24
Sri Lanka's consumer price index (CPI) fell by 1.7 per cent year-on-year in December, following a 2.1 per cent drop…
Sterling outperforms major currencies against dollar
The pound sterling is set to end 2024 as the top-performing major currency against the dollar, despite a 1.4 per…