At its 30 March meeting, the Central Bank of Egypt (CBE) resumed its tightening cycle and delivered a 200 basis...
Latest Global Economic News
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Egypt: Central Bank meets expectations and resumes tightening cycle in March -
Switzerland: KOF Economic Barometer deteriorates in March The KOF Economic Barometer came in at 98.2 in March, down from February’s 98.9. As a result, the index remained... -
Colombia: BanRep raises policy rate by 25 basis points in April At its 28 April meeting, the board of directors of Colombia’s Central Bank (BanRep) raised the benchmark interest rate by... -
France: Consumer confidence falls, remains below long-term average Consumer confidence came in at 81.0 in March, down from February’s 82.0. As such, the index remained entrenched below the... -
Korea: Consumers least pessimistic since June 2022 in March 2023 Consumer sentiment came in at 92.0 in March, up from February’s 90.2. March’s result marked the best reading since June... -
Vietnam: GDP growth slows in Q1 GDP growth slowed markedly to 3.3% year on year in the first quarter from 5.9% in the fourth quarter of... -
Czech Republic: The Czech National Bank stands pat in March At its 29 March meeting, the Board of the Czech National Bank (CNB) left the two-week repo rate unchanged at... -
Thailand: Central Bank hikes rates further in March At its 29 March meeting, the Monetary Policy Committee of the Bank of Thailand (BoT) hiked the policy rate to... -
Sweden: Economic sentiment improves further in March The economic tendency indicator (ETI) improved for a second consecutive month in March; it rose to 88.2 from February’s 86.2.... -
Russia: Decline in industrial activity softens in February Industrial output fell 1.7% in year-on-year terms in February, which was a less pronounced drop than January’s 2.4% decrease. The...