Canada Interest Rate
The Bank of Canada made a significant move in October 2024 by cutting its key interest rate by 50 basis points, bringing it down to 3.75%. This decision follows recent data showing a sharp drop in inflation, which fell to...
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United States Richmond Fed Manufacturing Index
The manufacturing landscape in the US Fifth District showed a modest shift in October 2024, as the composite manufacturing index registered at -14. While this figure reflects less pessimism than the previous month’s -21, it also marks a full year...
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New Zealand Balance of Trade
In September 2024, New Zealand reported a trade deficit of NZ$2.1 billion, which marks an improvement from the NZ$2.4 billion deficit recorded in the same month last year. This positive shift highlights a dynamic trade landscape driven by significant changes...
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Germany Producer Prices Change
Germany’s economy saw a further decline in producer prices in September 2024, continuing a trend of deflation that has now lasted for over a year. Let’s dive into the specifics of this development and what it means for the broader...
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China Loan Prime Rate
In a bid to support its slowing economy, China has once again cut its key lending rates to historic lows. This move by the People’s Bank of China (PBoC) reflects the government’s broader efforts to stabilize the economy amid financial...
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