Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the private sector slowed to 2.9 percent in the three months to May 2026. Data...
Tag : monetary policy
Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion for the first time and marked a record high. The Central Bank of Egypt announced...
The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on Japan. The Japanese currency traded around 159.9 per dollar in...
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains on foreign-currency assets and stronger securities prices lifted results. The...
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank...
The Central Bank of Egypt (CBE) announced on April 17, 2025, that it has reduced key interest rates by 225 basis points. The decision was made during a meeting of the CBE’s Monetary Policy Committee...
South Korea's economy expanded by 2 percent in 2024, according to preliminary data released Wednesday by the Bank of Korea (BOK). The growth rate aligns with the central bank's earlier estimate from January and marks...
The United Kingdom's inflation rate rose to 3% in January, surpassing analyst expectations of 2.8%, according to data released by the Office for National Statistics (ONS) on Wednesday. The increase marks a sharp rise from...
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%. The decision, made amid concerns over sluggish economic growth, saw...
The euro zone economy stagnated in the fourth quarter of 2024, registering zero growth, according to preliminary data released by Eurostat on Thursday. The figure fell short of economists' expectations of a 0.1% expansion and...