February 1, 2023/US Federal Reserve Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation has eased somewhat but remains elevated. Russia’s war against Ukraine is causing tremendous human and economic hardship and is […]
World News
ECB Raises Three Interest Rates by 50 Basis Points to Make Another Hike
February 2, 2023/ECB We would like to begin by congratulating Croatia on joining the euro area on 1 January 2023. We also warmly welcome Boris Vujčić, the Governor of Hrvatska narodna banka, to the Governing Council. We will now report on the outcome of today’s meeting. The Governing Council will […]
Bank of England Rate Increased to 4% – February 2023
February 2, 2023/Bank of England Published on 02 February 2023 Monetary Policy Summary, February 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 February […]
