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 manufacturing sector in the United States slowed for the second straight month, according to the Institute for Supply Management’s (ISM’s) PMI (Purchasing Managers Index) survey in October.
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.
Consumer prices in the United Kingdom jumped 0.7 percent in August, after remaining flat for the previous two months, according to the UK’s Office for National Statistics (ONS).
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
Turkey’s official currency, the lira, has been at the forefront of global news for the last couple of months. While speculations are running rife that the ongoing conflict in Syria is leading the United States to up its ante against Turkey
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
The University of Michigan Preliminary Consumer Sentiment Index slipped to 95.3 in August from July’s final reading of 97.9. The preliminary survey numbers were the lowest since September 2017 and sharply below market consensus of 98.0