Tag Archives: ECO

Financial institution of Spain cuts 2023 progress forecast to 1.4%, lifts 2022 forecast

MADRID, Oct 5 (Reuters) – The Financial institution of Spain on Wednesday considerably lower its GDP progress forecast for subsequent yr as a result of impression of upper power costs in Europe and decrease shopper spending. It mentioned it anticipated gross home product to develop 1.4% in 2023, down from a beforehand anticipated progress charge of two.8%, in… Read More »

Thai central financial institution hikes charge once more, retains 2022 development outlook

Key charge hiked by 25 bps Maintains 2022 GDP development outlook of three.3% seen earlier Cuts 2023 GDP development forecast to three.8% from 4.2% earlier BOT: Prepared to regulate measurement, timing of coverage normalisation Raises 2022 forecasts for exports, tourism BANGKOK, Sept 28 (Reuters) – Thailand’s central financial institution raised its key rate of interest modestly for a… Read More »