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Monthly archive April, 2023

RBA Pauses Monetary Policy Tightening

Australia's central bank decided to halt its monetary policy tightening in order to assess the full impact of the cumulative 350 basis points increase since last May but policymakers pointed out that some further tightening may be needed to bring Read More →

Dollar Weakens As Banking Crisis Abates

The Dollar weakened against major currencies in the last week of March 2023, amidst an easing in the bank crisis that rocked the U.S almost a fortnight earlier.Original Article Read More →

Eurozone Inflation Falls To 13-Month Low On Energy Prices

Eurozone inflation eased more than expected to the lowest level in more than a year in March driven by the fall in energy prices but the core figure edged up to a new record to keep the pressure on the Read More →

German Unemployment Unexpectedly Rises; Retail Sales Fall

Germany's unemployment unexpectedly increased in March and retail sales logged a surprise fall, adding evidence to the view that the biggest euro area economy landed in a technical recession in the first quarter. The Federal Employment Agency reported Friday that Read More →

U.S. Core Consumer Price Growth Unexpectedly Slows To 4.6% In February

Core consumer price growth in the U.S. unexpectedly slowed in the month of February, according to a report released by the Commerce Department on Friday. The report said core consumer prices, which exclude food and energy prices, jumped 4.6 percent Read More →