Inflation came in at 3.2% in May, which was down from April’s 3.5%. The slowdown was largely due to a...
Latest Global Economic News
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Japan: Inflation moderates in May -
United Kingdom: Consumer confidence rises in June Consumer confidence rose to minus 24.0 in June from May’s minus 27.0. June’s result marked the best performance since January... -
Argentina: Economy cools less than expected in the first quarter The economy grew 1.3% year on year in Q1, following the previous quarter’s 1.5% expansion. Q1’s reading came in above... -
Singapore: Inflation falls to lowest level since February 2022 in May Inflation came in at 5.1% in May, which was down from April’s 5.7%. May’s reading marked the weakest inflation rate... -
Turkey: New Central Bank governor ignites tightening cycle in June On 22 June, the first meeting after Erdogan’s reelection, the Central Bank of the Republic of Turkey (CBRT) decided to... -
Denmark: Consumer sentiment continues to steadily improve in June; still remains pessimistic Consumer sentiment improved for an eighth consecutive month in June and rose to minus 10.9, up from the prior month’s... -
Switzerland: SNB raises rates by 25 basis points in June At its meeting on 22 June, the Swiss National Bank (SNB) raised its policy rate from 1.50% to 1.75%. Moreover,... -
United Kingdom: BoE hikes by 50 basis points in June On 22 June, the Bank of England (BoE) increased the bank rate from 4.50% to 5.00%, taking total tightening in... -
Mexico: Banxico leaves policy rate unchanged in June At its meeting on 22 June, the Governing Board of the Bank of Mexico (Banxico) left the overnight interbank interest... -
Norway: Norges Bank surprises markets on the upside by accelerating pace of tightening in June At its 22 June meeting, the Executive Board of Norges Bank unanimously voted to accelerate the pace of its tightening...