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The Central Bank of Australia at its meeting on Tuesday decided to leave the key rate at 1.5%, finversia.ru writes. This decision has confirmed market forecasts. This was the thirtieth meeting when the Central Bank did not change the record low value of the key rate. The regulator positively assessed the state of the Austrian economy and stated that it did not plan to change its monetary policy in the near future. According to the economists, the Australian economy grew by 0.3% in the fourth quarter, maintaining the growth rate of the third quarter. It is expected that by the end of 2018, GDP will grow by 2.5%. Compared with a rise of 2.8% in 2017, the economic growth rate in 2018 will slow down.
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
On Monday, the Australian Competition and Consumer Commission (ACCC) filed a case against Google (GOOGL) in federal court after allegations that the multinational technology company misled its consumers about the expanded use of their personal ...
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