On 27 October, the Central Bank of Egypt (CBE) held an out-of-schedule emergency monetary policy meeting. The CBE brought forward...
Latest Global Economic News
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Egypt: Central Bank holds emergency meeting and delivers a 200 basis point hike in October -
Spain: Unemployment rate rises in third quarter of the year The jobless rate rose to 12.7% in Q3 from 12.5% in Q2. The figure was marred by an increase in... -
Sweden: Economic sentiment plunges to over two-year low in October The economic tendency indicator (ETI) deteriorated once again in October, coming in at 84.6, down from Septembers 90.8. Octobers result... -
Korea: GDP growth loses momentum in the third quarter GDP growth slowed to 0.3% on a seasonally adjusted quarter-on-quarter basis in the third quarter, from 0.7% in the second... -
United States: GDP rebounds in Q3 GDP rebounded in Q3, expanding 2.6% in seasonally adjusted annualized rate terms (SAAR), contrasting the 0.6% contraction recorded in the... -
Australia: Inflation at over three-decades high in Q3 Annual inflation came in at 7.3% in Q3, up from Q2’s 6.1%, hitting the highest reading since Q2 1990 and... -
Czech Republic: Economic sentiment weakens further in October The economic sentiment indicator, published by the Czech Statistical Office (CSO), fell to 89.8 in October from 90.1 in September.... -
France: Consumer confidence picks up in October Consumer confidence rose to 82.0 in October from September’s 79.0. As a result, the index remained entrenched below the 100-threshold,... -
Australia: Inflation at over three-decades high in Q3 Annual inflation came in at 7.3% in Q3, up from Q2s 6.1%, hitting the highest reading since Q2 1990 and... -
Brazil: COPOM stays put again in October At its 25–26 October meeting, the Monetary Policy Committee (COPOM) of Brazils Central Bank (BCB) decided once again to maintain...