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Monthly archive February, 2023

Kazuo Ueda Nomination As BoJ Chief A Harbinger Of Policy Shift

Friday saw an end to speculation and a twist in the saga of the candidate selection for the post of Bank of Japan Governor after Japanese media broke the news that Prime Minister Fumio Kishida's government has picked Kazuo Ueda, Read More →

Russia Central Bank Hints At Rate Hike Ahead

The Bank of Russia decided to keep its key interest rate unchanged for the third straight policy session, but suggested that the policy would be tightened in case of further budget deficit expansion, a fall in the currency exchange rate Read More →

U.S. Weekly Jobless Claims Rebound From Nine-Month Low

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rebounded by slightly more than expected in the week ended February 4th. The Labor Department said initial jobless claims rose to 196,000, an increase Read More →

U.S. Wholesale Inventories Inch Up In Line With Estimates In December

Wholesale inventories in the U.S. edged slightly higher in the month of December, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories inched up by 0.1 percent in December after climbing by Read More →

European Economic News Preview: Italy Retail Sales Data Due

Retail sales data from Italy is the major statistical report due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden is scheduled to release industrial output, new orders and household consumption data Read More →

UK House Prices Remain Stable Amid Subdued Housing Market Outlook

House prices in the United Kingdom showed no variations at the start of the year after falling in the previous four months, and are likely to witness a sluggish housing market throughout this year amid the rising cost of living Read More →