Central Bank

Fed’s Preferred Inflation Measure Shows Signs of Cooling: What’s Next for Interest Rates?

The Federal Reserve's battle against inflation is making headway as the central bank's favored inflation gauge, the Personal Consumption Expenditures…

1 year ago

China’s Industrial Output and Retail Sales Surge, Boosting Recovery Hopes

China's economic outlook shows improvement as industrial output and retail sales beat expectations in October. Industrial output accelerated to 4.6%,…

2 years ago

Philippines Paving the Way for a Financial Renaissance, Unfolding Digital Banking Epoch

In the dynamic landscape of Southeast Asia, the Philippines is gearing up for a financial renaissance, with digital banking leading…

2 years ago

Inflation Eases in October, A Glimmer of Hope for Consumers Amidst Economic Uncertainties

In October, consumer prices in the U.S. rose by 3.2% compared to the previous year, signaling a noteworthy slowdown and…

2 years ago

The Bank of England’s Vigilant Monitoring of Interest Rates Maintains Stability in the Face of Economic Uncertainty

The Bank of England's upcoming interest rate decision underscores the fine balance it must strike in managing inflation and supporting…

2 years ago

Bank of England’s Monetary Policy Holds Steady Amid Economic Uncertainty

The Bank of England has opted to keep the Bank Rate at 5.25% until at least July, marking a pause…

2 years ago

Jordanian Dinar Shows Resilience; Exchange Rate Trends in 2022

The Jordanian Dinar showcased its resilience in 2022, with a notable rise in its exchange rate against major global currencies.…

2 years ago

Russian Ruble’s Plunge Sparks Economic Concerns Amid Geopolitical Unrest

The Russian ruble's recent nosedive to its lowest level in almost 17 months has raised significant alarm bells within the…

2 years ago

Global Markets React to Economic Data, Igniting Fears of Rate Hikes

Global markets experienced a sudden downturn fueled by a mix of conflicting economic indicators, triggering apprehensions about potential interest rate…

2 years ago

Bank of England Governor Suggests Peak in Interest Rates Nearing Amid Stubborn Inflation

In Governor Andrew Bailey's recent statement, we see the Bank of England navigating a challenging economic terrain, striving to combat…

2 years ago