RABAT (Reuters) -Morocco’s annual inflation, measured by the consumer price index, dropped to 0.4% in May from 0.7% a month earlier, the North African country’s statistics agency said on Friday. Food prices, the main driver of inflation, rose 0.5% from a year earlier, while non-food inflation increased 0.3%. Core inflation, which excludes more volatile goods …
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Friday that the Ukrainian central bank’s commitment to focus fully on price stability once security threats are lower was both credible and critical as he addressed a research conference in Kyiv. “You have been very clear in public that after the security risks abate and …
Bank of England chief says Ukraine’s goal for price stability is credible and critical Read More »
TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Friday the central bank will continue to raise interest rates if improvements in the economy keep the country on track to durably achieve its 2% inflation target. “Underlying inflation may stagnate due to a slowdown in economic growth, but likely to accelerate thereafter as intensifying …
BOJ to keep raising rates if economy improves, Governor Ueda says Read More »
SINGAPORE (Reuters) -South Korea’s stock market accessibility for short-selling has improved and has no major issues, MSCI said on Friday as investors brace for next week’s market classification from the global index provider and hope the country gets an upgrade. The stock market of Asia’s fourth-largest economy is currently categorised as an emerging market by …
South Korea’s short-selling accessibility has improved, MSCI says Read More »
By Jan Strupczewski BRUSSELS (Reuters) -Euro zone finance ministers recommended on Thursday that Bulgaria become the 21st member of the euro zone starting January 1, 2026, backing earlier positive assessments of the country’s readiness from the European Commission and the European Central Bank. “The Eurogroup agreed today that Bulgaria fulfils all the necessary conditions to …
Euro zone finance ministers recommend Bulgaria adopt euro in 2026 Read More »
SYDNEY (Reuters) -Australian employment dipped in May after solid gains the previous month, data showed on Thursday, though full-time jobs jumped and the jobless rate held steady in a sign of continued resilience in the labour market. Figures from the Australian Bureau of Statistics showed net employment dipped 2,500 in May from April, when they …
Australia jobs unexpectedly dip in May but unemployment holds steady Read More »
By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s economy grew faster-than-expected in the first quarter, firming up the recovery from last year’s recession and giving the central bank more time to consider when it needs to cut interest rates again. Gross domestic product (GDP) rose 0.8% in the March quarter from the previous three months, Statistics …
New Zealand’s economic recovery gathers pace in Q1 Read More »
By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank raised interest rates by 25 basis points on Wednesday and signaled it will keep borrowing costs steady for an extended period, defying expectations that it had already reached the end of its tightening cycle. The bank’s rate-setting committee, known as Copom, decided unanimously to lift the benchmark …
Brazil central bank raises rates, sees ‘very prolonged’ pause Read More »
By Ann Saphir WASHINGTON (Reuters) -U.S. central bankers are increasingly split over the appropriate path of policy, with the median of fresh forecasts published on Wednesday still pointing to a half percentage point of rate cuts by year-end, but a rising minority expecting no rate cuts at all. The projections showed eight of the Fed’s …
Fed officials see two rate cuts in 2025, but overall turn hawkish Read More »
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s central bank paused its easing cycle on Wednesday, as expected, while urging commercial banks to reduce lending rates and boost credit growth to support the economy. Economists said the central bank was likely to continue its gradual pace of monetary easing, given headwinds from tariffs and …
Bank Indonesia pauses rate cuts, leaves door open to more easing Read More »
