Philippines Central Bank Raises Policy Rate to Help Limit Inflation
admin By Kosaku Narioka The Philippine central bank unexpectedly raised its benchmark interest rate in a…
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Australia’s unemployment rate falls to lowest since 1974
SYDNEY — Australia’s unemployment rate fell to its lowest level since August 1974 last month,…
Read MoreFed’s Mester says inflation data ‘uniformly bad,’ but not ready to commit to even bigger rate hike
Federal Reserve Bank of Cleveland President Loretta Mester said inflation data released earlier Wednesday was…
Read MoreGerman inflation rate fell in June thanks to temporary government interventions
Germany’s annual rate of inflation fell in June, confirming the first estimate, as there was…
Read MoreNew Zealand’s central bank raises rate by half-percentage point for third straight meeting
WELLINGTON, New Zealand — New Zealand’s central bank raised its benchmark interest rate by 50…
Read MoreBank of Korea raises benchmark rate by half-percentage point
South Korea’s central bank has announced its first-ever half-percentage-point rate increase, joining the aggressive policy…
Read MoreNomura forecasts a European Central Bank rate cut — before the ECB has even begun its rate-hike cycle
What goes up, must come down. In a new post on the global economic outlook,…
Read MoreFed funds futures traders price in small chance of a 100 basis point Fed rate hike in three weeks
Fed funds futures traders now see a 4.6% chance of a jumbo-size 100 basis point…
Read MoreFed’s Bostic backs another super-sized interest rate hike at July meeting
Atlanta Federal Reserve President Raphael Bostic said Friday he supports another large 0.75 percentage point…
Read MoreFed officials in June resolute in tightening into ‘restrictive’ territory despite risk of slower growth
Federal Reserve officials were resolute about the need to continue to hike their benchmark policy…
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