Private sector wage growth hits six year low in latest UK data
United Kingdom / RankWire.AI / –Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the...
Tag : monetary policy
Egypt reserves cross $55 billion for first time in June
CAIRO / RankWire.AI / – Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion...
Dollar heads for weekly gain as yen nears 160 level
Dollar heads for a weekly gain as the yen nears 160 per dollar, with Japan intervention data and rate gaps in global market focus....
Bank of Korea keeps rate at 2.5% for seventh hold
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy...
South Korea central bank hits record annual profit
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Bank of Japan lifts rates to highest level in 30 years
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in...
South Korean economy sees 2 percent growth in 2024, up from 2023
Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery....
UK inflation jumps to 3% as transport and food prices surge
UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....
Fed Chair Powell signals smaller rate cuts to keep economy in solid shape
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will act based on economic conditions, inflation trends,...
Investors turn to gold amid US monetary policy uncertainty
Gold prices experienced a rebound on April 18, 2023, after two consecutive sessions of losses, as the dollar’s value weakened and investors sought further clarity...