Tag: rate
Expect more interest rate cuts this autumn
Inflation rises after last month’s fall.In July, it landed at 1.7 percent, according to the KPIF measure. Inflation is thus still below the target, but the increase was higher than…
Approval rate of new homes skyrockets at city hall, but developers want more
Breadcrumb Trail Links News Local News The number of new homes approved for construction by London city council so far this year is through the roof, nearly doubling the total…
Interest rate recovery boosting Chatham-Kent home sales: realtors
Interest rate recovery led to the best July home sales in three years, the Chatham-Kent Association of Realtors says. Article content A total of 131 homes were sold through the…
Local unemployment rate climbs to 6%
The Brantford-Brant jobless rate maintained its upward trend in July but remains lower than most surrounding regions. Article content The local unemployment rate climbed 0.3 percentage points in July –…
Serious acts of violence are increasing in Denmark at an alarming rate – Sweden’s gang crime is now spilling over to its southern neighbor | News in brief
According to the Danish police, the country’s criminal gangs have started hiring child soldiers from Sweden. During the current week, five Swedish citizens have been arrested on suspicion of violent…
London-area jobless rate rises to highest level in a year
The London-area unemployment rate rose last month amid job losses to its highest level in the past year, up more than half a percentage point to 6.5 per cent. Article…
Unemployment rate in France fell in second quarter – L’Express
Good news on the employment front. The unemployment rate fell by 0.2 percentage points in France in the second quarter of 2024, after several quarters of increases, going from 7.5%…
The Bank of England lowers the key interest rate to five percent | News in brief
The Bank of England announced on Thursday that it will lower the main key interest rate by 0.25 percentage points to five percent. It is the first time that the…
Italy, employment starts growing again in June. Unemployment rate at 7%
(Telestock) – A June 2024 in Italy, compared to the previous month, both employed people (after the decrease observed in May) and unemployed people are growing and inactive people are…
Ethiopia liberalizes exchange rate regime, gets $3.4 billion in IMF aid
The Central Bank of Ethiopia (NBE) announced on July 29, 2024 a major reform of the exchange rate regime. Thanks to this change in a system that was until now…