In an emergency meeting held on 20 March which took market analysts entirely by surprise, the National Bank of Romania...
Latest Global Economic News
-
Romania: NBR cuts rates in emergency meeting in March; points to QE program -
Thailand: Bank of Thailand lowers policy rate in emergency meeting On 20 March, the Monetary Policy Committee of the Bank of Thailand (BoT) held an emergency meeting and opted to... -
Panama: Economic activity inches up in January The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) rose 2.7% year-on-year in January, accelerating from the... -
Ukraine: Growth falls to near four-year low in Q4 2019 GDP growth fell to 1.5% year-on-year (yoy) in the fourth quarter of last year (Q3: +4.1% yoy), marking the weakest... -
Russia: Plunging ruble prompts Central Bank to pause despite looming economic downturn At its 20 March meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) kept the... -
Luxembourg: Growth hits one-and-a-half-year high in Q4 2019 Growth accelerated to 3.1% year-on-year in the fourth quarter of 2019, up from the third quarter’s downwardly revised 2.8% expansion... -
Ireland: Consumer confidence drops markedly in March on coronavirus concerns The KBC Bank Ireland/ESRI consumer sentiment dropped significantly in March, largely reflecting growing concerns over impact of the Covid-19 pandemic... -
Denmark: Government approves massive spending package to support economy In recent days, the government has approved fiscal stimulus measures worth approximately DKK 286.7 billion (USD 38.4 billion) to combat... -
Norway: Norges Bank cuts rates to record low in March The Executive Board of Norges Bank unanimously decided to slash the sight deposit rate to 0.25% from 1.00% at its... -
Poland: Central Bank slashes rates in extraordinary meeting in March The National Bank of Poland (NBP) slashed the reference rate from 1.50% to a record low of 1.00% at an...