European Central Bank (ECB) policymaker and Bank of Finland Governor Olli Rehn stated at a conference that he anticipates monetary policy will exit restrictive territory in the coming months, likely by midsummer. Despite concerns surrounding trade...
AUD USD As of February 25, 2025, the Australian Dollar (AUD) is trading at approximately 0.6368 against the US Dollar (USD). This exchange rate reflects a slight depreciation from the high of 0.6407 observed on February 21, 2025. The recent...
The pair rebounded as concerns grew among Bank of England (BoE) officials about persistent price pressures. During a panel discussion organized by BNP Paribas, BoE external policy member Catherine Mann highlighted the risk of slowing disinflation,...
Bank of Japan (BoJ) Governor Kazuo Ueda has indicated that the next interest rate hike is approaching as economic data continues to align with expectations. However, he emphasized the importance of assessing the momentum generated by Japan’s fiscal...
Switzerland’s State Secretariat for Economic Affairs (SECO) has revised its economic growth forecasts, now expecting the Swiss economy to expand by 0.9% in 2023, down from the previous estimate of 1.2%. For 2024, growth is projected at 1.5%,...