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March 2025 U.S. Building Permits Rise, Led by Multi-Family Growth

March 2025 U.S. Building Permits Rise, Led by Multi-Family Growth

In March 2025, the number of U.S. Building Permits issued...

ECB Cuts Interest Rates: Is 2% Inflation Back in Sight for Europe?

ECB Cuts Interest Rates: Is 2% Inflation Back in Sight for Europe?

In its latest meeting, the European Central Bank (ECB) cut...

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China’s central bank kept interest rates unchanged

China’s central bank kept interest rates unchanged

The People’s Bank of China (PBOC) decided to keep its benchmark interest rates unchanged for September, aligning with market expectations. The one-year loan prime rate (LPR), which serves as the reference for most corporate and household loans, remained at 3.35%,...
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Japan’s annual inflation rate increased

Japan’s annual inflation rate increased

Japan’s annual inflation rate climbed to 3.0% in August 2024, up from 2.8% in the previous quarter and reaching its highest level since October 2023. The increase highlights rising price pressures across key sectors, driven by escalating costs for energy,...
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UK Consumer Confidence Index Drops

UK Consumer Confidence Index Drops

The GfK Consumer Confidence Index in the UK has dropped sharply to -20 in September 2024, marking its lowest level in six months. This significant decline follows two months of stability at -13, defying earlier expectations of continued steadiness. The...
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Japan’s Trade Deficit Shrinks

Japan’s Trade Deficit Shrinks

Japan’s trade deficit shrank to JPY 695.30 billion in August 2024, down from JPY 940.10 billion in the same month last year, as the country continued to see export growth. Despite the narrowing gap, the figure came in above market...
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