According to a preliminary estimate, GDP grew 19.5% year on year in the second quarter of 2023, improving from the...
Latest Global Economic News
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Ukraine: Economy records first growth since late 2021 in Q2 2023 -
Malaysia: Inflation holds stable in August Inflation held steady at July’s 2.0% in August. August’s reading represented the lowest inflation rate since August 2021. Looking at... -
Japan: Inflation drops to lowest level since September 2022 in August Inflation inched down to 3.2% in August, following July’s 3.3%. August’s figure represented the weakest inflation rate since September 2022.... -
United Kingdom: BoE keeps rates unchanged in September On 21 September, the Bank of England (BoE) left the bank rate at 5.25%, following 515 basis points of hikes... -
Sweden: Riksbank delivers another rate increase in September, meeting market expectations At its 20 September meeting, the Riksbank delivered another 25 basis point increase, bringing the policy rate to 4.00%—effective from... -
Switzerland: SNB keeps rates unchanged in September At its meeting on 21 September, the Swiss National Bank (SNB) kept its policy rate at 1.75%. Market analysts were... -
Taiwan: Central Bank keeps rates unchanged in September At its monetary policy meeting on 21 September, the Board of Directors of Taiwan’s Central Bank (CBC) left the policy... -
United States: Fed keeps rates unchanged in September, but signals further hike ahead At the meeting on 19–20 September, the Federal Open Market Committee (FOMC) left the target range for the federal funds... -
Norway: Norges Bank meets market expectations and hikes rates further in September At its 20 September meeting, the Executive Board of Norges Bank unanimously voted to extend its tightening cycle and deliver... -
United Kingdom: Inflation falls to over one-year low in August Inflation came in at 6.7% in August, down from July’s 6.8% and well below market expectations of 7.0%. August’s reading...