Inflation came in at 6.7% in November, which was down from October’s 8.1% and surprised markets to the downside. November’s...
Latest Global Economic News
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Romania: Inflation falls to lowest level since September 2021 in November -
Taiwan: Central Bank keeps rates on hold in December At its monetary policy meeting on 14 December, the Board of Directors of Taiwan’s Central Bank (CBC) left the policy... -
Mexico: Central Bank keeps rates stable in December At its meeting on 14 December, the Governing Board of the Bank of Mexico (Banxico) left the overnight interbank interest... -
Norway: Norges Bank surprises markets and resumes tightening cycle in December At its last scheduled meeting of 2023 on 13 December, the Executive Board of Norges Bank unanimously voted to resume... -
Philippines: Central Bank stands pat at December meeting At its 14 December meeting, the Monetary Board of Bangko Sentral ng Pilipinas (BSP) kept the target reverse repurchase (RRP)... -
Ukraine: National Bank of Ukraine cuts rates again in December At its 14 December meeting, the National Bank of Ukraine (NBU) chopped its key policy rate by 100 basis points... -
United Kingdom: Bank of England keeps rates unchanged in December On 14 December, the Bank of England (BOE) left the bank rate at 5.25%, following 515 basis points of hikes... -
Peru: Central Bank cuts rates again in December At its 14 December meeting, the Central Bank of Peru (BCRP) cut its key policy interest rate to 6.75% from... -
United States: Retail sales bounce back in November Retail sales increased 0.3% month-on-month in seasonally adjusted terms in November (October: -0.2% mom), contrasting market forecasts of a 0.1%... -
Saudi Arabia: Inflation rises in November Inflation edged up to 1.7% in November, slightly above October’s 1.6%. The acceleration was primarily driven by rising prices for...