The Monetary Policy Committee of the Central Bank of the Republic of Turkey (TCMB) stood pat at its 26 May...
Latest Global Economic News
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Turkey: Central Bank holds fire despite red-hot inflation and increased risks -
Russia: Central Bank slashes rate by further 300 basis points to 11.00% at the end of May At an unscheduled meeting on 26 May, the Central Bank of the Russian Federation (CBR) cut its key interest rate... -
Korea: BOK hikes by 25 basis points in May At its meeting on 26 May, the Bank of Korea (BOK) raised the base rate by 25 basis points to... -
Brazil: Consumer confidence deteriorates in May The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) fell to 75.5 in May from... -
Sweden: Economic sentiment picks up in May The economic tendency indicator (ETI) rose to 110.5 in May from April’s 109.4. As such, the index moved further above... -
Mexico: Merchandise exports grow at a slower rate in April Merchandise exports shot up 16.0% in annual terms in April (March: +20.6% year-on-year). This was largely due to surging oil... -
France: Consumer confidence records worst reading since October 2014 in May Consumer confidence fell to 86.0 in May from April’s 87.0. May’s result marked the weakest performance since October 2014. As... -
Germany: Fixed investment and inventory build-up support economic growth in Q1 A detailed breakdown of national accounts for the first quarter confirmed the return to growth, with GDP expanding 0.2% quarter... -
Germany: Consumer sentiment expected to inch up in June but to remain downbeat nonetheless The GfK consumer climate index is forecast to rise from a record low of minus 26.6 in May to minus... -
Guatemala: Central Bank tightens financial conditions in May The Monetary Board of the Central Bank of Guatemala (Banguat) hiked its monetary policy rate by 25 basis points from...