Japan’s Sticky Inflation Likely Justify BOJ Rate Hike
Japan’s consumer inflation remained well above the central bank’s 2% target in November, providing further justification for a widely anticipated […]
Finance
Economists warned a big drop in November inflation had more to do with data challenges caused by the government shutdown than with actual changes in the economy
Calculating housing costs presented one of the thorniest challenges—and they make up a huge portion of the price index. Source
The Bank of Mexico lowered its benchmark interest rate as expected Thursday in a 12th consecutive cut, while signaling a possible pause before lowering the rate further in 2026
The central bank votes 4-1 to lower the benchmark rate target to 7% from 7.25%. Source link
Central U.S. Manufacturing Activity Cools
Activity at factories in the central U.S. eked out growth in December, cooling from last month’s activity as production and
Philadelphia Area Factory Activity Falls Further
Manufacturing activity in the Philadelphia region slipped further into negative territory in December, disappointing expectations of an uptick despite a
Inflation Hit 2.7% in November, Less Than Expected
Consumer prices rose 2.7% in November from a year earlier, according to a delayed government report, slowing from 3% in
The Bank of England cut its key interest rate to a near three-year low of 3.75%
The Bank of England is moving in step with the Federal Reserve rather than many peers in Europe. Source link
Swiss Watch Industry Continues Tough Year as U.S. Exports Drop by Half
Swiss watch exports continued to fall last month, leaving the sector on track to book a decline for the year.
Norway’s Central Bank Still Expects to Lower Borrowing Costs Slowly
Norges Bank held its key policy rate at 4% and reconfirmed plans to slowly ease monetary policy in the coming
Sweden’s Riksbank Holds Key Rate Steady, No Changes Expected for Some Time
The current policy rate will help strengthen economic activity and allow inflation to stabilize close to the 2% target in