SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
Tag : economic outlook
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price stability....
French business confidence has dropped for the third straight month, hitting its lowest level since July as fiscal uncertainty and political instability impact hiring and investment....
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and OECD estimates....
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations and emerged as a year of remarkable resilience for the...
U.S. Treasury yields witnessed a rise as investors deliberated over the economic outlook and financial market trajectory for the upcoming year. As the year nears its end, the yield on the 10-year U.S. Treasury notes increased...
As 2023 draws to a close, the U.S. economy, defying earlier recession forecasts, stands at a crossroads facing 2024 with cautious optimism mingled with uncertainty. Despite looming recession predictions in early 2023, the U.S. economy remained...
Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout the region and escalating concerns about China’s economic prospects. The...