Monthly archive October, 2021

China maintained its benchmark loan prime rates for the 18th consecutive month, as widely expected. The one-year loan prime rate was kept unchanged at 3.85 percent and the five-year LPR at 4.65 percent. The one-year and five-year loan prime rates Read More →

UK consumer price inflation slowed unexpectedly in September largely due to strong base effects, the Office for National Statistics said Wednesday. Consumer price inflation slowed slightly to 3.1 percent from 3.2 percent in August. Economists had forecast the rate to Read More →

The U.S. dollar stayed subdued against most of its major rivals on Wednesday as signs of a slowdown in U.S. economic activity trimmed rate hike expectations.Original Article Read More →

Economic activity in the U.S. has recently grown at a modest to moderate rate, according to the Federal Reserve's Beige Book, although the pace of growth has slowed. The Beige Book attributed the slowdown to supply chain disruptions, labor shortages, Read More →

A report released by the Commerce Department on Tuesday showed an unexpected decrease in new U.S. residential construction in the month of September.Original Article Read More →

Indonesia central bank left its key rates unchanged for the eighth consecutive meeting on Tuesday. The board of governors of Bank Indonesia decided to hold the the BI 7-Day reverse repo rate at 3.50 percent. The previous change in the Read More →