Monthly archive September, 2021

The Organisation for Economic Cooperation and Development raised the growth projection for next year, while lowering the same for this year, and expressed concern over the increasingly uneven nature of the economic recovery from the slump caused by the pandemic Read More →

The U.S. dollar firmed against its major rivals on Thursday after data showing an unexpected increase in retail sales in the month of August raised hopes the Fed might consider reducing bond purchases this year.Original Article Read More →

Reserve Bank of Australia Governor Philip Lowe said the conditions required to lift the key cash rate would not be met before 2024 and market expectations for an early rate hike is out of place. In a speech to the Read More →

The UK unemployment rate decreased in three months to July and job vacancies exceeded one million for the first time on record, data published by the Office for National Statistics showed on Tuesday. The unemployment rate dropped 0.3 percentage points Read More →

The U.S. dollar drifted lower against most of its major rivals in the European session on Tuesday after data showed the nation's consumer prices increased by slightly less than expected in the month of August.Original Article Read More →

UK consumer price inflation accelerated at a record pace in August, hitting the highest rate since 2012, data from the Office for National Statistics showed Wednesday. The consumer price index rose 3.2 percent year-on-year following a 2.0 percent climb in Read More →