At its 2 August monetary policy meeting, Banxico’s five-member board voted unanimously to hold the target rate at 7.75% after...
Latest Global Economic News
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Mexico: Banxico holds rates in August -
Czech Republic: Central Bank delivers back-to-back rate hike in August At its 2 August meeting, the Bank Board of the Czech National Bank (CNB) unanimously decided to raise the two-week... -
Switzerland: Retail sales rebound in June On a month-on-month calendar- and seasonally-adjusted basis, real retail sales rebounded from a steep 1.0% contraction in May to a... -
Thailand: Inflation edges up in July Consumer prices decreased 0.05% over the previous month in July, a softer drop than the prior month’s 0.09% decrease. July’s... -
Indonesia: Inflation ticks up in July In July, consumer prices increased 0.28% from the previous month, coming in below the 0.59% month-on-month increase observed in June.... -
Guatemala: Annual growth in remittances picks up at the close of Q2 Remittances from workers abroad grew 10.8% over the same month a year ago in June, picking up speed from the... -
Korea: Inflation remains stable in July for the second consecutive month According to the National Statistics Office of Korea, consumer prices rose 0.2% over the previous month in July, contrasting the... -
India: RBI hikes rates for the second time in three months in August At its monetary policy meeting on 31 July–1 August, five out of the six central bankers of the Reserve Bank... -
United States: Federal Reserve holds steady on rates, remains on track for a September hike At its 31 July–1 August monetary policy meeting, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to maintain its... -
Brazil: Central Bank holds SELIC rate at 6.50% At its 31 July–1 August meeting, the Central Bank of Brazil’s Monetary Policy Committee (Comité de Politica Monetaria, COPOM) unanimously...