Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy The Reserve Bank of Australia lowered its main policy rate, the cash rate, by 25 basis points from 4.10 percent to 3.85 percent at its [...]

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Edited by Simisola Fagbola, Econoday Economist The Economy Inflation The US Consumer Price Index in April rebounded by 0.2 percent, following a 0.1 percent decline in March, and a 0.2 percent jump in February. This [...]

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Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy As expected, the US FOMC left the fed funds target rate range at 4.25 to 4.50 percent at the end of the May 6-7 meeting. [...]

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Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy The Bank of Japan’s nine-member board voted unanimously to maintain the target for overnight interest rate at 0.5%, as widely expected, amid high uncertainty over [...]

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Edited by Simisola Fagbola, Econoday Economist The Economy Demand UK retail sales in March 2025 sustained a positive momentum, marking the third consecutive monthly rise with a 0.4 percent increase in volumes, 0.8 percentage points [...]

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Inflation expectations continue to rise in April as businesses and consumers navigate the choppy waters of the Trump administration’s tariff policy. The reversals of policy probably mean that some of the anticipation of higher prices [...]

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