On 3 November, the Bank of England (BoE) increased the bank rate from 2.25% to 3.00%, marking the eighth successive...
Latest Global Economic News
-
United Kingdom: BoE hikes by 75 basis points in November -
Switzerland: Inflation declines to lowest level since May in October Inflation fell to 3.0% in October, from Septembers 3.3%. October’s figure represented the lowest inflation rate since May and was... -
Turkey: Inflation comes in at highest level since our records began Inflation increased to 85.5% in October from Septembers 83.5%. October’s result marked the highest inflation rate since our current records... -
United States: Fed hikes by 75 basis points in November At its meeting on 1–2 November, the Federal Open Market Committee (FOMC) decided to raise the target range for the... -
Norway: Norges Bank slows the pace of tightening in November At its 2 November meeting, the Executive Board of Norges Bank unanimously voted to deliver a 25 basis point increase... -
Korea: Inflation rises in October Inflation ticked up to 5.7% in October, following Septembers 5.6%. The reading was driven by higher price pressures for housing... -
Spain: The economy grinds to a near-halt in the third quarter According to a preliminary estimate, GDP rose 0.2% on a seasonally adjusted quarter-on-quarter basis in Q3, decelerating notably from the... -
Italy: GDP growth loses momentum in Q3 Growth cooled in the third quarter, with GDP increasing 0.5% quarter on quarter, confirming the preliminary estimate and coming in... -
Germany: Merchandise exports grow at a milder pace in September Merchandise exports fell 0.5% over the prior month in September (August: +2.9% mom). Meanwhile, merchandise imports contracted 2.3% in month... -
Australia: RBA raises rate in November; hints at further hikes ahead At its monetary policy meeting on 1 November, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)...