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Global factory activity took a further turn for the worse in July, private surveys showed on Tuesday, a sign slowing growth and weakness in China were taking a toll on the world economy. ...
The Bank of Thailand will deliver a final 25-basis-point interest rate increase on August 2 and then hold rates steady until 2025 as the inflation outlook remains high and uncertain, a Reuters...
By Anant Chandak BENGALURU (Reuters) - The Bank of Thailand (BOT) will deliver a final 25-basis-point interest rate increase on August 2 and then hold...
The Bank of England will raise its Bank Rate by a quarter-point to 5.25% on August 3, making borrowing the costliest since early 2008, and hike twice more by the year-end as price pressures persist, a...
The Bank of England will raise its Bank Rate by a quarter-point to 5.25% on August 3, making borrowing the costliest since early 2008, and hike twice more by the year-end as price pressures persist, a Reuters poll showed. Despite 13 rate rises since December 2021, the BoE is grappling with higher inflation than its peers at nearly four times the 2% target. Economists are more hawkish than they were a few weeks ago and are nearly evenly split on forecasting a final quarter-point move to 5.75%.