On 27 October, the Central Bank of Egypt (CBE) held an out-of-schedule emergency monetary policy meeting. The CBE brought forward...
Latest Global Economic News
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Egypt: Central Bank holds emergency meeting and delivers a 200 basis point hike in October -
Spain: Unemployment rate rises in third quarter of the year The jobless rate rose to 12.7% in Q3 from 12.5% in Q2. The figure was marred by an increase in... -
Sweden: Economic sentiment plunges to over two-year low in October The economic tendency indicator (ETI) deteriorated once again in October, coming in at 84.6, down from Septembers 90.8. Octobers result... -
Korea: GDP growth loses momentum in the third quarter GDP growth slowed to 0.3% on a seasonally adjusted quarter-on-quarter basis in the third quarter, from 0.7% in the second... -
United States: GDP rebounds in Q3 GDP rebounded in Q3, expanding 2.6% in seasonally adjusted annualized rate terms (SAAR), contrasting the 0.6% contraction recorded in the... -
Costa Rica: Central Bank raises policy rate 50 basis points at October meeting At its 26 October meeting, the Central Bank of Costa Rica (BCCR) raised rates by 50 basis points, bringing the... -
Australia: Inflation at over three-decades high in Q3 Annual inflation came in at 7.3% in Q3, up from Q2’s 6.1%, hitting the highest reading since Q2 1990 and... -
Czech Republic: Economic sentiment weakens further in October The economic sentiment indicator, published by the Czech Statistical Office (CSO), fell to 89.8 in October from 90.1 in September.... -
France: Consumer confidence picks up in October Consumer confidence rose to 82.0 in October from September’s 79.0. As a result, the index remained entrenched below the 100-threshold,... -
Brazil: COPOM stays put again in October At its 25–26 October meeting, the Monetary Policy Committee (COPOM) of Brazils Central Bank (BCB) decided once again to maintain...