Monthly archive September, 2019

The Bank of England is set to hold its key interest rate steady on Thursday, at the final policy session ahead of the Brexit scheduled on October 31. Policymakers are likely to retain the interest rate at 0.75 percent and Read More →

New residential construction in the U.S. showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Wednesday. The report said housing starts soared by 12.3 percent to an annual rate of Read More →

After lowering interest rates for the first time in over a decade in late July, the Federal Reserve announced another interest rate cut following a two-day monetary policy meeting that ended on Wednesday. The Fed revealed its widely expected decision Read More →

The U.S. dollar surged higher and gained against most major currencies on Wednesday after the Federal Reserve stopped short of hinting at future easing even as it cut interest rates by 25 basis points at the conclusion of their two-day Read More →

New Zealand's gross domestic product was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Thursday.Original Article Read More →

Eurozone inflation was stable in August at its lowest level in nearly three years, latest data from the Eurostat showed on Wednesday, confirming the preliminary estimates released on August 30. Headline inflation was 1 percent in August, the same as Read More →