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Author Archives: Top News Editor

Turkish Central Bank Drops Hawkish Stance

25 days ago

Turkey’s central bank kept its key interest rate unchanged for a fifth consecutive session in Thursday and omitted its hawkish stance from the forward guidance, sending the lira further lower. The Monetary Policy Committee, led by Governor Murat Cetinkaya, decided ...

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U.S. Jobless Claims Rebound From Nearly 50-Year Low

25 days ago

After reporting first-time claims for U.S. unemployment benefits at a nearly fifty-year low in the previous week, the Labor Department released a report on Thursday showing initial jobless claims rebounded by more than anticipated in the week ended April 20. ...

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Sweden Central Bank To Go Slow With Rate Hikes

25 days ago

Sweden’s central bank left its key interest rate unchanged on Thursday and said they will remain at the current level for a longer period than forecast earlier, as policymakers saw the need for caution. The bank said the repo rate ...

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BoJ To Hold Rates Steady Until Spring 2020

26 days ago

The Bank of Japan kept its monetary policy unchanged on Thursday and announced that the interest rates will remain very low for an extended period, at least through spring 2020, reflecting uncertainties concerning economy and prices, and the effects of ...

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German Business Confidence Sinks To 3-year Low

26 days ago

Germany’s business confidence unexpectedly weakened in April to its lowest level in three years, suggesting that the biggest euro area economy is not yet out of the woods. The business climate indicator dropped to 99.2 from an upwardly revised 99.7 ...

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