BoC raises overnight rate by 50bps to 1.50% as widely expected. The bank rate and deposite rate are now at 1.75% and 1.50% respectively. The central bank also maintains tightening bias. It said, “with the economy in excess demand, and inflation persisting well above target and expected to move higher in the near term, the […]
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When 2025 began, many investors were optimistic that the domestic economy would deliver results that would continue to push markets higher. It hasn’t happened yet. There’s been a lot of political turmoil with the arrival Read more…
Spanish ECB Governing Council member Jose Luis Escriva stressed caution in an interview published Sunday, highlighting uncertainty in the economic outlook. He stated that it is “very difficult to gauge the impact of events that Read more…
New Zealand’s Q4 retail sales volume rose 0.9% qoq to NZD 25B, surpassing expectations of 0.6% qoq. Excluding autos, sales jumped 1.4% qoq, well above the 0.3% qoq forecast. Sales volume growth was broad-based, with Read more…