Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:48
Bond Market Confronts Risk of Pivotal US Jobs Report
The mood is rapidly souring in the world’s bond market, raising the stakes for Friday’s much-anticipated US monthly
2023-08-04 08:48
Russia to Restart Buying Currency, Gold as Energy Income Revives
Russia will start buying foreign currency and gold as a recovery in energy revenue brought it above the
2023-08-03 17:15
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:29
Swiss Inflation Slows Further as SNB Mulls September Rate Hike
Swiss inflation slowed to the lowest rate in one and a half years, testing the determination of Swiss
2023-08-03 14:52
Egypt Looks Beyond Rate Hike to Cool Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding
2023-08-03 13:28
Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16
Thailand Raises Key Rate to 9-Year High as Recovery Intact
Thailand’s central bank raised its benchmark interest rate to the highest level in nine years, amid concerns about
2023-08-02 15:25
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:54
Korea’s Pace of Consumer Inflation Eases to Slowest in 25 Months
South Korea’s pace of inflation eased in July to the slowest in more than two years, offering more
2023-08-02 08:51
UK House Price Declines Deepen as Borrowing Costs Cut Demand
British home prices fell further last month as borrowing costs held back demand, one of the largest mortgage
2023-08-01 16:53
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:22