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Monthly archive December, 2018

Thailand Central Bank Hikes Key Rate For First Time Since 2011

Thailand's central bank raised its key interest rate for the first time in over seven years to curb financial stability risks. The Monetary Policy Committee voted 5-2 to raise the policy rate by a quarter-point to 1.75 percent, the Bank Read More →

UK Inflation Eases To 20-Month Low Amid Falling Petrol Prices

UK consumer price inflation slowed in November to its lowest level in twenty months, in line with economists' expectations, helped by falling petrol prices. The consumer price index rose 2.3 percent year-on-year following a 2.4 percent increase in October, Read More →

Fed Raises Interest Rates But Forecasts Fewer Rate Hikes Next Year

In a widely expected move, the Federal Reserve announced its decision to raise interest rates by a quarter point on Wednesday. The central bank said its Federal Open Market Committee decided to raise the target range for the federal funds Read More →

New Zealand Q3 GDP Gains Just 0.3%

New Zealand's gross domestic product advanced a seasonally adjusted 0.3 percent on quarter in the third quarter of 2018, Statistics New Zealand said on Thursday - marking the lowest quarterly growth since Q4 2013.Original Article Read More →

Dollar recovers briefly as Fed set on more rate hikes

The dollar recovered late on Wednesday, following the Federal Reserve decision to curb its aggressive policy tightening path despite being much less cautious than market participants had anticipated.

Policymakers, as widely expected raised interest rates by 25 basis points, Read More →

New Zealand Trade Deficit NZ$861 Million In November

New Zealand posted a merchandise trade deficit of NZ$861 million in November, Statistics New Zealand said on Thursday - representing 17 percent of exports.Original Article Read More →