Eurozone growth slows in May ’25, services contract
The eurozone economy grew for a fifth straight month in May, but the pace of expansion slowed, as services activity…
Browsing Tag
interest rates
BoE’s Breeden: Disinflation continues, growth remains weak
Bank of England Deputy Governor Sarah Breeden said that Britain’s labour market is weakening and economic growth…
Turkey keeps inflation forecast unchanged at 24%
Turkey’s central bank kept its year-end inflation forecast steady at 24 per cent on Thursday, with Governor Fatih…
Bank Indonesia cuts interest rate to 5.5%
The Bank Indonesia Board of Governors Meeting decided to lower the interest rate by 25 basis points to 5.50 per…
S&P Global: UK consumer sentiment rises to 45.2 in May
UK’s Consumer Sentiment Index (CSI) increased to 45.2 in May from 44.5 in April, showing a second consecutive…
Asia-Pacific markets mixed after Fed holds rates steady
Asia-Pacific markets were mixed following the anticipated decision by the US Federal Reserve to keep rates…
US Federal Reserve keeps interest rates steady at 4.25–4.5%
The US Federal Reserve’s Federal Open Market Committee (FOMC) decided to maintain the target range for the federal…
Türkiye to keep rates tight as long as needed – Governor
Türkiye’s central bank will take all necessary measures to achieve its year-end inflation target of 24 per cent,…
Pakistan c. bank leaves interest rate unchanged
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) decided to maintain the policy rate at 12…
Sterling steady as investors await inflation data
The pound sterling held steady on Wednesday, trading at $1.2443 against the dollar and dipping slightly to 83.37…