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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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The ECB raises key interest rates by 50 bps

February, 02 2023

Following today's meeting, the European Central Bank raised all three key interest rates by 50 basis points. The base interest rate on loans has been increased to 3%, the deposit rate to 2.5%, and the rate on margin loans to 3.25%.ECB representatives noted that the governing council intends to continue raising rates at a steady pace and keep them at a level that significantly limits economic activity in order to achieve a return of inflation to the 2% target.Due to the continuing inflationary pr... Read More

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India dropped out of the top-5 markets in the world amid the collapse of Adani shares

February, 02 2023

The fall in the shares of the Indian industrial conglomerate Adani Group cost India a place in the... Read More

Experts predict an increase in ECB rates by 50 bps

February, 02 2023

Today, February 2, the first meeting of the European Central Bank in 2023 on the rate will be held.... Read More