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The Bank of Korea: Uncertainties remain regarding the semiconductor industry, developments in the Middle East, and changes in the trade environment.
2026-07-16
The Bank of Korea: Uncertainties remain regarding the semiconductor industry, developments in the Middle East, and changes in the trade environment.
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2026-07-15
The Bank of Canada held its policy rate at 2.25% on Wednesday for a sixth straight meeting, in line with market expectations. The BOC said the economy is showing signs of recovery after a weak year and that oil-driven inflationary pressure is easing.
The Bank of Canada held its policy rate at 2.25% on Wednesday for a sixth straight meeting, in line with market expectations. The BOC said the economy is showing signs of recovery after a weak year and that oil-driven inflationary pressure is easing. It judged current borrowing-costs appropriate to support the recovery and return inflation to its 2% target, while remaining prepared to adjust policy as needed. In its monetary policy report the BOC projected annualized GDP growth of 2.5% in Q2 and 1.5% in Q3. Officials cut their 2026 growth outlook sharply to 0.7% due to weak early-year activity but raised 2027 and 2028 forecasts to 1.8% each. The bank now expects average inflation of 2.5% in 2026 (previously 2.3%) and for inflation to return to 2% in early next year.
2026-07-16
The mayor of Kyiv, Ukraine, reported that a non-residential building was hit at an address in the Danitsky district. A warehouse was also hit in the Svyatoshinsky district; a fire broke out in a non-residential building area in Danitsia.
The mayor of Kyiv, Ukraine, reported that a non-residential building was hit at an address in the Danitsky district. A warehouse was also hit in the Svyatoshinsky district; a fire broke out in a non-residential building area in Danitsia.
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