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This week, the U.S. Federal Reserve, the Bank of Japan and the Bank of England are holding monetary policy meetings

The Bank of England's interest reached a 16-year high of 5.25 percent in August 2023

Core U.S. retail sales rose 0.9 percent in June after a 0.4 percent unrevised gain in May

The Fund expected consumption boost from wage increases

Real GDP grew by 1.1 percent in 2023, supported by net exports, while consumption remained weak

This agreement, Pakistan's 24th IMF bailout, now awaits approval from the IMF's executive board

IMF urges the U.S. government to reduce its high fiscal deficit and put debt on a downward trajectory

The BLS data also showed that consumer prices fell by 0.1 percent on a monthly basis

BOJ faces pressure to hike rates on its upcoming meeting

Reducing policy restraint too late or too little could unduly weaken economic activity and employment, Powell stated

Tight supply lines, higher import costs and freight issues also contributed to higher purchase prices

Inflation in Europe's largest economy had already slackened to 2.3 percent in March, its lowest level since June 2021

Japanese companies project inflation to hit 2.3 percent three years from now and 2.2 percent five years later

Morgan Stanley analysts expect an August rate hike, which may further weaken domestic trading conditions

While the ECB must ensure inflation returns to 2 percent, it shouldn’t overly dampen economic activity with interest rate cuts

The assets of the banking sector reached 429.58 trillion yuan, up 8.1 percent YoY

This marks the lowest annual increase in the consumer price index since mid-2021, in line with analysts' forecasts

Data reveals 4.8 percent decline in energy index and 0.1 percent decline in food prices

France central bank governor calls on governments and regulators to boost capital markets union to help close investment gap

Eurosystem staff now see headline inflation averaging 2.5 percent in 2024, 2.2 percent in 2025, and 1.9 percent in 2026

The country's growth rate for 2024 has been revised up to 2.7 percent by research firm

Inflation in Canada declined this year to a three-year low of 2.7 percent in April

Until this month, Eurozone inflation had been steadily declining towards the ECB's 2 percent target

Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace