In April, Chinese banks distributed CNY 1.02 trillion (USD 150 billion) in new yuan loans. The reading was below both...
Latest Global Economic News
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China: M2 and credit growth slow in April after March’s surge -
Japan: Consumer confidence continues to decline in April Consumer sentiment declined from 40.5 in March to 40.4 in April. The print represented the lowest reading since February 2016... -
Brazil: COPOM keeps monetary policy unchanged at record low At its 7–8 May meeting, the Central Bank of Brazil’s Monetary Policy Committee (COPOM) unanimously decided to keep the benchmark... -
Philippines: Central Bank cuts key rate amid weaker growth in Q1 At its 9 May monetary policy meeting, the Central Bank of the Philippines (BSP) cut the overnight reverse repurchase facility... -
Norway: Norges Bank holds fire in May but prepares for a June interest rate hike Norges Bank kept the sight deposit rate unchanged at 1.00% at its monetary policy meeting on 9 May, as overwhelmingly... -
Philippines: Growth cools to four-year low in Q1 largely due to budget delay The economy slowed notably in the first quarter of this year. GDP expanded 5.6% in Q1, down from the 6.3%... -
Serbia: NBS keeps key policy rate on hold in May At its 9 May monetary policy meeting, the Executive Board of the National Bank of Serbia (NBS) voted to keep... -
Luxembourg: Harmonized inflation eases in April Consumer prices rose 0.2% month-on-month in April, unchanged from March’s turnout. The print largely reflected higher prices for air travel,... -
Ukraine: Inflation edges up in April Consumer prices rose 1.0% month-on-month in April, up slightly from a 0.9% increase in March. The acceleration was largely driven... -
Peru: Businesses grow more pessimistic in April The business confidence indicator declined from March’s 59.6 to 55.9 in April, but nevertheless remained above the 50-point threshold that...