South African Inflation: Expectations Drop, Strengthening Case for Rate Cuts
In South Africa, a notable trend of declining inflation expectations is emerging, which creates a more grounded case for lowering interest rates at upcoming central bank meetings. In the latest survey conducted among economists and respondents, a significant decline in the projected inflation rate over the coming years was recorded, indicating a more optimistic outlook on economic conditions.
Continue readingBank of Japan: Rate Hike Possibility Dependent on Economic Outlook
Bank of Japan (BOJ) Deputy Governor Yasuyuki Nishimura stated that an increase in interest rates could be justified if the country's economic outlook materializes. His comments came amid a changing economic situation in Japan, where inflation is rising and consumer sentiment is shifting.
Continue readingBank of England May Cut Interest Rates More Frequently Than Traders Expect, Says Abrdn
The Bank of England (BoE) is facing pressure from economists and investors who suggest current expectations for interest rate cuts are insufficient. Financial firm Abrdn believes that traders are pricing in a more conservative outlook on the likelihood of rate cuts than necessary, which may lead to a significant impact on the markets.
Continue readingBad News for New Zealand's Economy: Retail Sales Slide, Threatening Triple Dip Recession
New Zealand is facing serious economic troubles as recent data shows a significant decline in retail sales. This drop raises concerns about the likelihood of a triple dip recession in the country, adding negative dynamics to the current economic climate.
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