December 2024: A Slight Uptick in UK Consumer Confidence
The GfK Consumer Confidence Index in the United Kingdom rose by one point to -17 in December 2024. This marks the second consecutive month of improvement, signaling a modest recovery in sentiment. However, the index remains firmly in negative territory,...
Read more
ECB Cuts Interest Rates Again Amid Optimism for Inflation Outlook
The European Central Bank (ECB) has made its fourth interest rate cut of the year, reducing its key rates by 25 basis points in December 2024. This decision aligns with expectations and reflects the ECB’s confidence in a more favorable...
Read more
Bank of Canada Cuts Interest Rates Again in December 2024
In its December meeting, the Bank of Canada (BoC) announced a 50 basis points (bps) cut to its key interest rate, marking the second consecutive reduction. This decision was in line with market expectations, bringing the total cumulative rate cuts...
Read more
US Inflation Trends: A Close Look at November 2024
The annual inflation rate in the United States rose to 2.7% in November 2024, marking the second consecutive month of an uptick. This increase, from 2.6% in October, was in line with analysts’ expectations. The rise was partly influenced by...
Read more
Germany’s Inflation Rate Rises in November 2024
Germany’s annual inflation rate increased to 2.2% in November 2024, up from 2% in October, in line with preliminary estimates, marking the highest level in four months. This uptick reflects broader inflationary pressures across various sectors, with services inflation holding...
Read more