Rates down by 150 basis points since last year: At its meeting on 28 August, the Bangko Sentral ng Pilipinas...
Latest Global Economic News
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Philippines: BSP decides to cut rates again in August -
Angola: Economy loses steam in the second quarter GDP growth slows to a one-a-half year low: Annual GDP growth moderated to 1.1% in the second quarter from 3.7%... -
Egypt: Central Bank of Egypt resumes loosening cycle aggressively in August CBE cuts rates by more than markets projected: At its meeting on 28 August, the Monetary Policy Committee of the... -
Portugal: Economic sentiment picks up in August Latest reading: Economic sentiment rose to 107.0 in August from 106.7 in July. As a result, the index remained above... -
Korea: Central Bank leaves rates unchanged in August Central Bank holds as expected: At its meeting on 28 August, the Bank of Korea (BOK) decided to leave the... -
France: Economic sentiment increases in August Latest reading: Economic sentiment inched up to 92.0 in August from July’s 91.9. Consequently, the index remained below the long-term... -
Italy: Economic sentiment eases in August Latest reading: Economic sentiment came in at 98.4 in August, down from July’s 99.4. Consequently, the index remained below the... -
Luxembourg: Economic sentiment drops in August Latest reading: Economic sentiment came in at 93.7 in August, down from July’s 98.9. August’s result marked the worst reading... -
Japan: Consumer confidence hits highest reading since January in August Latest reading: Consumer confidence rose to 34.9 in August from July’s 33.7. August’s result marked the strongest sentiment since January.... -
Switzerland: GDP records slowest increase since Q2 2023 in Q2 GDP reading: GDP expanded 0.1% on a seasonally adjusted quarter-on-quarter basis in Q2 (Q1: +0.4% s.a. qoq), marking the worst...