Norway's central bank left its key interest rate unchanged on Thursday but hinted at a rate hike in one of the future sessions to bring the high inflation back to target. The Monetary Policy and Financial Stability Committee decided to keep the policy rate unchanged at 4.25 percent at its meeting on June 17, the Norges Bank said in a statement.
The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes. The Treasury revealed plans to sell $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes. The results of...
A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators edged higher for the second straight month in May. The Conference Board said its leading economic index inched up by 0.1 percent in May after rising by 0.2 percent in April. The uptick matched economist estimates.
Philadelphia-area manufacturing activity expanded overall in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity shot up to a positive 10.3 in June from a negative 0.4 in May, with a positive reading indicating growth.
The Bank of England left its key interest rate unchanged on Thursday as inflation slowed unexpectedly and unemployment declined, and the US-Iran peace deal lowered the upside risks to inflation. The Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to hold the bank rate at 3.75 percent, which is the lowest rate since June 2023.
A report released by the Labor Department on Thursday showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th. The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week's revised level of 230,000. Economists had expected jobless claims to edge down to 225,000.
Philadelphia-area manufacturing activity expanded overall in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity shot up to a positive 10.3 in June from a negative 0.4 in May,...
A report released by the Labor Department on Thursday showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th. The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week's revised level of 230,000. Economists...
The Swiss National Bank left its policy rate unchanged on Thursday as inflation continues to remain well within the target. The central bank left its policy rate at zero percent, in line with market expectations. The SNB had lowered the key rate by 175 basis points since March 2024.
The Bank of England left its key interest rate unchanged, as widely expected, on Thursday. The Monetary Policy Committee governed by Andrew Bailey, voted 7-2 to hold the bank rate at 3.75 percent. The current rate remains the lowest since June 2023. Previously, the central bank had reduced the...
Switzerland's foreign trade surplus grew in April as exports grew faster than imports. The trade surplus rose to CHF 5.64 billion in May from CHF 3.28 billion in April. In nominal terms, exports expanded sharply by 13.4 percent monthly in May, while imports were only 3.4 percent higher. Exports of chemicals and pharmaceutical products advanced 25.7 percent.
Portugal's producer price inflation accelerated further in May to the highest level in more than three years amid soaring energy costs. The producer price index climbed 5.1 percent yearly in May, faster than the 3.8 percent renewed increase in April. Energy prices jumped 19.5 percent annually in May due to the impact of the Middle East war, which pushed up oil prices.
The Philippine central bank lifted its key interest rates by 25 basis points on Thursday to control inflation expectations and mitigate the risk of second-round effects. The Monetary Board of the Bangko Sentral ng Pilipinas decided to lift the reverse repurchase rate by 25 basis points to 4.75 percent. The interest rates on the overnight deposit and lending facilities were adjusted.
Italy's current account surplus increased in April from the previous year. The current account surplus rose to EUR 2.3 billion in April from EUR 1.1 billion in the corresponding month last year. The goods trade surplus climbed to EUR 5.0 billion from EUR 3.3 billion, while the secondary income shortfall was EUR 0.94 billion versus EUR 1.1 billion last year.
The Swiss National Bank left its policy rate unchanged on Thursday, despite rising inflation. The central bank left its policy rate at zero percent, in line with market expectations. The SNB had lowered the key rate by 175 basis points since March 2024. The bank exited its negative rate in 2022...
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.