Monthly archive January, 2022

China reduced its benchmark lending rate for the second straight month as the economic growth weakened at the end of 2021. The one-year loan prime rate was reduced to 3.70 percent from 3.80 percent. This was the second consecutive reduction Read More →

The minutes of the governing council meeting of the European Central Bank is due on Thursday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's producer prices for December. Producer Read More →

The Bank of Japan maintained its monetary policy stimulus unchanged, as widely expected, and lifted its inflation projection for the next fiscal year citing rising commodity prices. The policy board, governed by Haruhiko Kuroda, on Tuesday, voted 8-1, to hold Read More →

German economic confidence improved more-than-expected to a six-month high in January as the economy is expected to pick up over the coming months, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Read More →

Adding pressure on the Bank of England to hike its interest rate at the February meeting, UK consumer price inflation accelerated at the fastest pace in nearly 30 years in December, driven by higher food, drinks and restaurant costs. Consumer Read More →

The UK unemployment dropped in three months to November and employment increased reflecting continuing recovery in the labor market, the Office for National Statistics said Tuesday. The unemployment rate dropped to 4.1 percent in three months to November, while it Read More →