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Author Archives: Top News Editor

Australia Holds Rate At Record Low

Australia’s central bank kept its record low interest rate unchanged, as widely expected, on Tuesday. The board of the Reserve Bank of Australia, governed by Philip Lowe, maintained the cash rate at 1.50 percent. The outcome of the meeting came ...

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Eurozone Jobless Rate Steady; Lowest Since 2009

Eurozone unemployment rate held steady at the lowest level seen since early 2009 in August, data from Eurostat showed Monday. Separately, a private survey showed that stronger manufacturing output growth and capacity constraints in the currency bloc drove job creation ...

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UK Manufacturing Growth Slows In September

British manufacturing sector growth moderated at the end of the third quarter, while price pressures built up on strong pound and higher commodity prices. The IHS Markit/Chartered Institute of Procurement & Supply factory Purchasing Managers’ Index fell more-than-expected to 55.9 ...

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