Monthly archive November, 2022

Pending home sales in the U.S. decreased for the fifth consecutive month in October, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index tumbled by 4.6 percent to 77.1 Read More →

Industrial output in Japan fell a seasonally adjusted 2.6 percent on month in October, the Ministry of Economy, Trade and Industry said on Wednesday.Original Article Read More →

The Federal Reserve released the minutes of its early November monetary policy meeting on Wednesday, providing further evidence the central bank is considering slowing the pace of its interest rate hikes. The minutes said a "substantial majority" of meeting participants Read More →

The U.S. dollar fell on Wednesday and posted losses against most of its major counterparts, as the minutes of the Federal Reserve's latest monetary policy meeting suggested the central bank is considering slowing the pace of its interest rate hikes.Read More →

Sweden central bank lifted its key interest rate by 75 basis points and signaled additional hike early next year to tame inflation. The Executive Board of Riksbank decided to raise the policy rate by 0.75 percentage points to 2.50 percent. Read More →

In stark contrast to the monetary policy tightening stance of global central banks, Turkey decided to slash its policy rate by 150 basis points and to end the current rate cut cycle that began in August. The Monetary Policy Committee Read More →