Bank of Israel cuts interest rates by 25 basis points
The central bank’s benchmark rate was reduced to 4.00% from 4.25%. The Bank of Israel unexpectedly cut its short-term interest rate by 25 basis points
India forecasts 2025/26 economic growth at 7.4%
The Indian economy grew 6.5% in 2024/25 and 8.2% in 2023/24. India’s economy is expected to grow 7.4% in the fiscal year ending in March,
Drivers of international primary income balances
Financial globalisation since the 1990s has led to large holdings of cross-border assets and liabilities in many countries. This column analyses the yields on assets
Bahrain unveils special reform package to bolster public finances
These measures include increases in fuel prices, higher electricity and water tariffs for certain categories, and greater dividend contributions from state-owned enterprises Bahrain’s government has
Sterling drops as inflation cements BoE cut expectations, dollar up before US inflation
British consumer price inflation fell to 3.2% in November, its lowest since March, from 3.6% in October, official figures showed. Sterling fell on Wednesday after
Dollar remains firm as markets await ECB, BoE rate announcements
The yen dipped 0.1% to 155.85, extending a 0.6% slide on Wednesday. The dollar inched higher against its major counterparts on Thursday as markets positioned
Sterling drops as inflation cements BoE cut expectations, dollar up before US inflation
British consumer price inflation fell to 3.2% in November, its lowest since March, from 3.6% in October, official figures showed. Sterling fell on Wednesday after
Gold edges down as investors turn cautious ahead of year-end US data
US Nov non-farm payrolls, unemployment rate data. Gold prices slipped on Tuesday, as investors turned cautious ahead of key U.S. jobs and inflation data, which
Yen gains ahead of BOJ decision in packed week for investors
A separate closely watched survey showed that big Japanese manufacturers’ business sentiment hit a four-year high in the three months to December. The yen strengthened
Emerging market resilience to risk-off shocks: Good luck, but mostly good policies
Emerging markets used to be hit hard whenever global investors turned nervous. This column analyses how emerging markets have managed output and inflation during global
