Egypt’s Banking Sector Shines With 27% Growth in Deposits Despite Inflation and Devaluation
Egypt’s banking industry recorded a 26.9% increase in total deposits in the 2023-2024 fiscal year compared ...
Read moreDetails
Tag: inflation
Australia’s Central Bank Cuts Interest Rates for the First Time Since 2020
The Australian dollar briefly went up after the decision before reversing its gains. Australia’s central bank ...
Read moreDetails
Egypt’s Inflation Slows to 23.2% in January, But Food Prices Keep Rising
Food security is still a significant problem, with Egypt buying 80% of its wheat from Russia ...
Read moreDetails
China Shoppers Splurge For Lunar New Year Amidst Declining Consumer Expenditure
In China, consumers went on a massive shopping spree ahead of the Lunar New Year, even ...
Read moreDetails
Thailand’s Economy Misses The Mark But Government To Push Stimulus For 2025
While the Finance Ministry had estimated a 3% growth rate, the Bank of Thailand (BOT) had ...
Read moreDetails
The Bank of Canada Has ‘Won’ the Fight Against Inflation By Lowering Interest Rates To 3.75%
Tiff Macklem, the governor of the Bank of Canada (BoC), told the reporters after reducing the ...
Read moreDetails
Adjusted Interest Rates Turn Positive in Turkey as Inflation Slows to 48.3%
The shift of Turkey to a looser bias most likely indicates that a first-rate decrease is ...
Read moreDetails
Fed Announces Larger-than-Expected Rate Cut as Inflation Eases
The Fed's policy decision sparked a quiet response from the presidential candidates despite being made just ...
Read moreDetails
RBA Reveals Plan to Maintain Cash Rate at 4.35% to Combat Inflation
The RBA felt the need to push back against talk of a near-term reduction in rates ...
Read moreDetails
IMF Report Highlights Slowing Disinflation Momentum and Steady Global Growth
The IMF increased its prediction for 2025 by 0.1 percentage points to 3.3% while maintaining its ...
Read moreDetailsslide 6 to 12 of 5
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
