At its meeting on 27–28 April, the Federal Open Market Committee (FOMC) decided to hold the target range for the...
Latest Global Economic News
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United States: Fed keeps rates at effective floor in April and sustains commitment to expanding its balance sheet -
Cyprus: Industrial activity records largest contraction in six months in February Industrial production declined 7.6% in annual terms in February, dropping at the sharpest rate in six months (January: -6.7% yoy).... -
Thailand: Manufacturing production rebounds in March; grows in annual terms for first time in 23 months Manufacturing output increased 0.9% month-on-month in seasonally-adjusted terms in March, rebounding from February’s 0.2% drop. On an annual basis, manufacturing... -
Egypt: Central Bank takes cautious approach and holds rates steady in April At its monetary policy meeting on 28 April, the Central Bank of Egypt (CBE) held the overnight deposit, overnight lending... -
Brazil: Business confidence hits eight-month low in April The Getulio Vargas Foundation’s (Fundação Getúlio Vargas) industrial business confidence index came in at 103.5 in April, down from March’s... -
Germany: Business confidence improves in April Business confidence rose to 96.8 in April from March’s 96.6. April’s result marked the best performance since June 2019. As... -
Ukraine: Industrial output rebounds in March Industrial production rose 2.1% year-on-year in March, contrasting February’s 4.6% drop. March’s rebound was driven by a broad-based improvement across... -
Hungary: Economic sentiment close to pre-crisis level in April The GKI economic sentiment index, a composite indicator, jumped to minus 6.8 in April from minus 16.7 in March, the... -
Turkey: Business confidence hits highest reading since April 2018 in April Business confidence rose to 111.0 in April from March’s 110.8. April’s result marked the strongest reading since April 2018. As... -
Israel: Composite State of the Economy Index growth remains broadly stable in March The Bank of Israel’s Composite State of the Economy Index increased 0.50% in month-on-month seasonally-adjusted terms in March, which was...