Now, we turn our attention to the Russian economy. Is the Russian economy overheating? Likely, because the latest inflation surge has taken the Russian central bank by surprise.

Russia's overheating economy puts rate hike back on table

Bank of Japan's decision to end its nearly decade-long negative interest rate policy marks a significant shift in the country's economic strategy. This move, announced on Tuesday, is causing businesses and consumers to reassess their financial outlook.

Japanese consumers expect higher wages after rate hike

Disney hikes streaming prices, shifts focus to cost management

The European Central Bank increased its interest rate by 0.25 percentage points, or 25 basis points, with the most recent increase. The ECB's current interest rate is now 3.75, a 23-year high, indicating that the battle against inflation is far from over. Although inflation continues to decline, it is still anticipated to stay too high for too long. We are determined to make sure that inflation returns to our two percent medium-term Target in a timely manner.

European Central Bank hikes rates from 3.5% to 3.75%

Federal Reserve likely to resume rate hikes following June pause

U.S. Fed chief Jerome Powell hints at future rate hikes

Switzerland: People vote for 15 per cent tax rate hike for multinationals

The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation while indicating a sharp increase could be needed before the end of the year.

US Federal bank signals more rate hikes, other banks follow Fed & pause hikes | World DNA

The Reserve Bank of India (RBI) declared its second instance of maintaining the interest rates at the same level, indicating successful outcomes from RBI monetary policy measures. RBI Governor Shaktikanta Das announced that the repo rate would remain unchanged at 6.5%.

India skips rate hike in June policy meet

The Bank of England is expected to announce its biggest interest rate increase in three decades on Thursday. Analysts predict an increase of up to 0.75 percentage points.

UK braces for likely highest rate hike in 3 decades

South Korea's central bank raised its key interest rate by a quarter-percentage point on Thursday and significantly lifted inflation forecasts, signalling more policy tightening, which sent bond yields and the local currency higher.

South Korea delivers 0.25% rate hike

Dollar surges reversing previous two-week trend as Fed officials anticipate further rate hikes

ECB goes for aggressive rate hike for first time since 2011

As the World battles record inflation, Bank of Canada has surprised everyone with a full percentage increase in its policy rates. t's a super-sized hike which was last seen in 1998.

Bank of Canada surprises with 1% rate hike

Bank of Japan keeps monetary easing despite global rate hikes

Putting pressure on policymakers ahead of the last monetary policy meeting of the year South Korea's consumer inflation accelerated to a near 10-year peak in October on higher costs of oil products, housing rentals and outdoor dining.

South Korea inflation hits near decade-high, raising rate hike bets

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