Following the August meeting, the Bank of England lowered its key rate by 25 basis points to 4% per annum. This is the third decrease since the beginning of the year, each of which amounted to 0.25 percentage points. The decision coincided with market expectations.The Central Bank noted that inflation in the UK has slowed significantly over the past 2.5 years due to tight monetary policy. This allowed the mitigation cycle to begin. However, the price growth rate remains above the target. In June... আরও পড়ুন
Investor’s confidence in the eurozone dropped more than the forecast in October based on the survey ... আরও পড়ুন
China’s service sector rose at the quickest pace in July quarter due to pick-up in demand according ... আরও পড়ুন
Household spending rose in August at the fastest annual rate in three years due to higher... আরও পড়ুন
The US services sector grew to a 21-year high in September, supporting employment of most companies... আরও পড়ুন
German services growth reached an 8-month high in September based on the survey on Wednesday which... আরও পড়ুন
The central bank of Australia has been going steady for the 26 consecutive months on Tuesday,... আরও পড়ুন
The manufacturing activity of Japan grew steadily in September based on the revised survey on... আরও পড়ুন