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Indonesia Central Bank Holds Key Rate

India, May 22 -- Indonesia's central bank left its benchmark interest rate unchanged on Wednesday after a surprise rate hike last month. The Board of Governors of Bank Indonesia, governed by Perry Wa... Read More


UK Inflation Slows Less Than Expected To 2.3%

India, May 22 -- UK consumer prices rose more than expected in April due to the stickiness of services inflation, which would possibly delay the timing of the first interest rate cut. Consumer prices... Read More


RBNZ Holds Key Interest Rate; Delays Rate Cut Plan

India, May 22 -- New Zealand's central bank maintained its benchmark rate for the seventh consecutive session and signaled a delay in rate cuts as services inflation is receding slowly. The Monetary ... Read More


UK Government Borrowing Exceeds Estimate

India, May 22 -- UK public sector net borrowing exceeded the estimate in April, official data revealed on Wednesday. Public sector net borrowing rose to GBP 20.5 billion in April, the fourth highest ... Read More


UK Inflation Weakest Since Mid-2021

India, May 22 -- UK consumer price inflation weakened to the lowest since July 2021, data from the Office for National Statistics revealed on Wednesday. Consumer prices rose 2.3 percent on a yearly ba... Read More


New Zealand Keeps Key Interest Rate Unchanged

India, May 22 -- New Zealand's central bank left its benchmark rate unchanged for the seventh straight meeting on Wednesday. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by G... Read More


UK Manufacturers Expect Output To Rise Moderately: CBI

India, May 21 -- UK manufacturers expect production to increase in the three months to August and their selling price inflation expectations softened, the latest Industrial Trends survey results from ... Read More


Eurozone Trade Surplus Increases In March

India, May 21 -- The euro area trade surplus increased in March as the decline in imports exceeded the pace of fall in exports, data from Eurostat revealed on Tuesday. Shipment of goods decreased 9.2... Read More


Eurozone Current Account Surplus Rises In March

India, May 21 -- The euro area current account surplus increased in March on improving primary income, the European Central Bank reported Tuesday. The current account balance posted a surplus of EUR ... Read More


BoE's Broadbent Says Rate Cut Possible Some Time Over Summer

India, May 20 -- Bank of England's Deputy Governor Ben Broadbent said the interest rate could be cut some time over the summer. The outgoing deputy governor said if things continue to evolve as expec... Read More