The Consumer Price Index (CPI) of the eurozone came in below expectations in August, after the revised data showed that inflation rose by a smaller 0.1 percent against the flash estimate of a 0.2-percent increase.
The European Central Bank (ECB) responded to macroeconomic pressures and the eurozone economy’s weak outlook by cutting benchmark interest rates by 10 basis points. Concluding the monetary-policy meeting in Frankfurt last month, the governing council announced a reduction in interest rates on the deposit facility
The Federal Open Market Committee (FOMC) of the US Federal Reserve System (the Fed) will be heading into its fifth monetary-policy meeting for the year on July 30, with markets keenly eyeing the outcome, in spite of the majority of market indicators already pricing in a rate cut.
The Reserve Bank of Australia (RBA), in its monetary-policy statement published on May 10, indicated that the Australian economy is witnessing subdued growth in household income and that the adjustment in the housing market is taking a toll on consumer spending.
The Reserve Bank of Australia (RBA) left benchmark interest rates, or the cash rate, unchanged at 1.5 percent following its monetary-policy meeting on February 5.
The US Federal Reserve (the Fed) voted unanimously to raise benchmark interest rates by 25 points at its concluding monetary-policy meeting in 2018 on December 18-19.
The International Monetary Fund (IMF) recently published its forecast for global economic growth, also referred to as the “World Economic Outlook” (WEO), in which the international body downsized its global growth outlook for 2018-19.
The US Federal Reserve (the Fed) voted unanimously to raise benchmark interest rates by 25 basis points to a range between 2.0 and 2.5 percentin September, following its two-day monetary-policymeeting.
The Governing Council of the European Central Bank (ECB) left key interest rates unchanged, in line with market expectations, following its September monetary-policy meeting. Interest rates on main refinancing operations currently stand at 0.00 percent
Eurozone annual consumer inflation edged up to 2.1 percent in July 2018, continuing its upward streak after recording a 2-percent growth in June. The annual inflation figures, the highest since December 2012