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The National Bank of Kazakhstan said that the base rate was maintained at 9% per annum, the liquidity provision rate remained at 10%, the liquidity withdrawal rate was at the level of 8%. In its message, the regulator notes the continued gradual slowdown in inflation and inflation expectations. Head of the Central Bank, Daniyar Akishev, said: “The decision to maintain the level of the base rate was largely due to the continuing influence of factors that contribute to the implementation of inflationary risks. Especially, such risks are observed from the direction of external sector and budget policy”.
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 ...
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
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