Australia's Central Bank Stands Firm on Restrictive Monetary Policy
The Reserve Bank of Australia maintains a restrictive monetary policy to manage inflation, with a cautious approach to future data before considering policy relaxation.
Economy News
Bank of Japan Anticipates a Gradual Economic Upturn Amid Cautious Rate Hikes
Bank of Japan's board members advocate for a cautious approach to rate hikes, with future increases contingent on inflation and economic trends meeting expectations. Uncertainties ...
December Sees Sharp Decline in US Consumer Confidence: What's Behind the Drop?
The Conference Board reports a significant drop in US consumer confidence for December, with the Consumer Confidence Index falling to 104.7 from October's 111.7, missing market exp...
Proposed Increase in Ministers' Room Rates: A Closer Look
A proposal to increase the room rate cap for deputy ministers to VND1.5 million, up by 25%, and raise civil servants' business allowance by 22% to VND550,000 is under review by gov...
South Korea's Export Resilience: Can It Break Records Amid Challenges?
South Korea's exports have maintained a positive trend for 14 months, despite a recent slowdown. The government attributes this to disruptions from a strike and heavy snowfall. Des...
Italy's Non-EU Trade Surplus Reaches €5.9 Billion in November: A Closer Look
Italy's National Institute of Statistics reports a trade surplus of €5.9 billion with non-EU27 countries for November, highlighting a significant economic trend.
Spain's Economy Shows Encouraging Growth in Q3: A Detailed Analysis
Spain's GDP grew by 0.8% in Q3, signaling a positive economic trajectory. This growth has sparked optimism among economists and investors, with more analysis to come.
UK Economy Faces Massive Challenge: Can Rachel Reeves Fix It?
British Chancellor Rachel Reeves admits the huge challenge to fix the UK economy after recent data shows no growth in Q3 2024. She outlines plans for sustainable growth.
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