At its meeting on 26–27 July, the Federal Open Market Committee (FOMC) decided to raise the target range for the...
Latest Global Economic News
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United States: Fed hikes aggressively by 75 basis points in July -
Latvia: Economics growth wanes in Q2 GDP expanded 2.6% on an annual basis in the second quarter of 2022, according to preliminary national accounts data released... -
Thailand: Merchandise exports accelerate in June Merchandise exports soared 11.8% annually in June, on the heels of May’s 10.5% upturn. Meanwhile, merchandise imports shot up 24.5%... -
Malaysia: Merchandise exports increase in June Merchandise exports soared 30.4% on an annual basis in June, following May’s 22.9% upturn. June’s result marked the largest growth... -
Austria: Consumer confidence falls to all-time low July Consumer confidence fell to minus 33.0 in July from June’s minus 24.0. July’s result marked the weakest sentiment on record.... -
Mexico: Merchandise exports increase at a milder pace in June Merchandise exports jumped 20.2% on an annual basis in June, following May’s 22.4% jump. Meanwhile, merchandise imports climbed 31.7% over... -
Italy: Business confidence eases in July Business confidence came in at 110.8 in July, down from June’s 113.4. July’s fall was driven by a weakening in... -
Italy: Consumer confidence records worst reading since May 2020 in July Consumer confidence fell to 94.8 in July from June’s 98.3. July’s result marked the weakest sentiment since May 2020. The... -
Costa Rica: Central Bank raises policy rate by 200 basis points at July meeting At its 27 July meeting, the Central Bank of Costa Rica (BCCR) raised rates by 200 basis points—the largest hike... -
Kenya: Central Bank surprises markets and keeps rate unchanged in July At its 27 July meeting, the Monetary Policy Committee (MPC) of the Central Bank of Kenya kept its Central Bank...