Reserve Bank of Australia Cuts Interest Rates
The Reserve Bank of Australia (RBA) reduced interest rates by 25 basis points to 4.1% in its February meeting. This marks the first rate cut since November 2020. The RBA’s decision was made with the aim of supporting economic growth,...
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Eurozone Inflation Declines in February 2025
The Eurozone’s annual inflation rate decreased to 2.4% in February 2025, down from 2.5% in January, slightly above the market’s forecast of 2.3%. This marks a continuation of a trend that suggests inflationary pressures may be easing in the region....
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Germany’s Manufacturing PMI Shows Minor Improvement
Germany’s manufacturing sector experienced a slight uptick in February 2025, with the HCOB Manufacturing PMI rising to 46.5, surpassing the initial estimate of 46.1 and improving from 45 in January. While the sector continues to face a recession, this increase...
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China’s Manufacturing PMI Hits 50.8 in February 2025
China’s manufacturing sector showed signs of improvement in February 2025, with the Caixin Manufacturing PMI rising to 50.8, up from 50.1 in January. This figure exceeded market expectations (50.3) and marked the highest level since November 2024. The data suggests...
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U.S. PCE Index Surge in January 2025: Economic Insights
The U.S. Personal Consumption Expenditures (PCE) price index saw a 0.3% increase in January 2025, maintaining the same growth rate as in December and aligning with market expectations. This data sheds light on ongoing inflation trends and offers key insights...
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