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Bank of Israel voted 5-0 to keep key rate at 4.5% in Feb, minutes show
JERUSALEM, March 10 (Reuters) - All five members of the Bank of Israel's monetary policy committee voted on Feb. 24 to leave the benchmark interest rate ILINR=ECI at 4.50%, minutes of the discussion showed on Monday.With the impact of Israel's war with Hamas in Gaza, the committee's poli...Reuters
Mon, Mar 10
Downplaying the Decline in Japan's Real Wages: Will the Bank of Japan Hike Interest Rates Earlier?
TradingKey - Although Japan's real wages have declined after two consecutive months of growth, the outlook for wage increases remains positive. This year's spring wage talks are expected to result in the largest wage increase in more than three decades again, and the yield on 10-year Japanese...
Greek EU-harmonised inflation eases to 3.0% y/y in February
March 10 (Reuters) - Greece's annual EU-harmonised inflation slowed to 3.0% in February from 3.1% in January, data from statistics service ELSTAT showed on Monday.Month-on-month consumer inflation remained unchanged at 0.1%.The cost of food and non-alcoholic beverages rose 0.2% year-on-year in F...Reuters
Mon, Mar 10
Greek industrial output rises 2.0% y/y in January
March 10 (Reuters) - Greek industrial output rose by 2.0% year-on-year in January, after a 5.8% increase in December, data from statistics service ELSTAT showed on Monday.A breakdown of index components showed manufacturing production rose 1.4% from the same month in 2024. Electricity output was up ...Reuters
Mon, Mar 10
Japan govt panel members urge vigilance on rising inflation, rate impact
TOKYO, March 10 (Reuters) - Private-sector members of a key Japanese government panel on Monday urged policymakers to be vigilant to the risks of rising inflation hurting the economy as the country's long-term government bond yields surged to 16-year highs.Reuters
Mon, Mar 10
US: An underwhelming jobs report with government shrinkage featuring in Feb payrolls – UOB Group
The latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Fri (7 Mar) was weaker than expected as jobs creation came in below projections with a surprise uptick in the unemployment rate while wage growth was within estimates, UOB Group's Senior Economist Alvin Liew notes.Fxstreet
Mon, Mar 10
China's car sales rise 1.3% in first two months of 2025
Car sales +26.1% in Feb vs -12% in JanEV, PHEV sales dwarfed by gasolines for third straight monthAutomakers scramble under BYD-led smart EV price warBEIJING, March 10 (Reuters) - China's car sales inched up 1.3% in the first two months of 2025 from the same period a year earlier, as an expanded...Reuters
Mon, Mar 10
RPT-In deflation-hit China, one store holds flash sales four times a day
Deflation worries deepen as China CPI hits -0.7% y/y in FebruaryBeijing store tries 'flash sales' to draw customersPersistent deflation poses risks to growth, analysts warnBy Liangping Gao and Marius Zaharia BEIJING/HONG KONG, March 10 (Reuters) - Leo Liu, manager of the sprawling Wankela...Reuters
Mon, Mar 10
In deflation-hit China, one store holds flash sales four times a day
Deflation worries deepen as China CPI hits -0.7% y/y in FebruaryBeijing store tries 'flash sales' to draw customersPersistent deflation poses risks to growth, analysts warnBy Liangping Gao and Marius Zaharia BEIJING/HONG KONG, March 10 (Reuters) - Leo Liu, manager of the sprawling Wankela...Reuters
Mon, Mar 10
UK employers slow hiring, pay growth cools, survey shows
By Suban AbdullaLONDON, March 10 (Reuters) - Britain's jobs market cooled in February as the pace of hiring slowed and starting salaries rose by the least in four years, according to a survey on Monday that underscores firms' concerns about higher employment costs and a soft economy.The Recr...Reuters
Mon, Mar 10
Japan's service-sector mood sours on rising cost of living
TOKYO, March 10 (Reuters) - Japan's service-sector sentiment worsened in February for the second straight month, a government survey showed on Monday, a sign the rising cost of living was weighing on consumption.An index measuring sentiment among service-sector firms, like taxi drivers and resta...Reuters
Mon, Mar 10
Japan's tightening job market pushes more firms under, survey shows
Japan's bankruptcy cases may hit 11-year high in fiscal 2024Japan shifting away from 'work-sharing,' says BOJ's UchidaBOJ's stimulus aimed at removing labour slack, says UchidaUncertainty remains on whether small firms can keep hiking payBy Leika Kihara TOKYO, March 10 (Reuter...Reuters
Mon, Mar 10
