Bank of Japan Holds Interest Rates Steady
In its October meeting, the Bank of Japan (BoJ) decided to keep its short-term interest rate unchanged at 0.25%, a level last reached in 2008. This decision aligns with market expectations and reflects the central bank’s cautious stance amid a...
Read more
China NBS Manufacturing PMI
China’s manufacturing sector is showing fresh signs of recovery as the official Manufacturing PMI, released by the National Bureau of Statistics (NBS), rose to 50.1 in October 2024. This improvement is not only a positive jump from September’s 49.8 but...
Read more
Germany Inflation Rate
Germany’s annual inflation rate experienced a notable increase in October 2024, rising to 2%, marking the highest rate in three months. This uptick follows a 3.5-year low of 1.6% in September and exceeds forecasts, which anticipated an inflation rate of...
Read more
United States GDP Growth Rate
In Q3 2024, the US economy grew at an annualized rate of 2.8%, a slight decline from the 3% growth recorded in Q2 and below the expectations set by analysts. This growth rate, reported by the Bureau of Economic Analysis...
Read more
Germany GDP Growth Rate
Germany’s economy exhibited a modest growth of 0.2% quarter-on-quarter in Q3 2024, bouncing back from a revised decline of 0.3% in Q2. This performance exceeded forecasts, which anticipated a contraction of 0.1%, suggesting that there are some positive trends emerging...
Read more
