China’s bank lending dropped much more than expected in July due to weak credit demand and seasonal factors, despite the central bank promising to support […]
Tag: economic policy
Federal Reserve Holds Interest Rates Steady at 5.25% – 5.50%
The Federal Reserve has decided to keep interest rates steady at 5.25% – 5.50%. Fed Chair Jerome Powell recognized the recent reduction in inflationary pressures, […]
Government Moves to Bring Natural Gas and ATF Under GST Framework; Finance Ministry and Oil Ministry in Active Deliberations
The government has initiated the process to bring natural gas and Aviation Turbine Fuel (ATF) under the Goods and Services Tax (GST) framework. The Finance […]
Turkey’s Inflation Hits 69.8% in April Despite Interest Rate Hikes: A Look at Economic Policy Shifts Under Erdogan
In April, Turkey’s annual inflation rate surged to 69.8%, as per official data released on Friday. This marks a further escalation from March, when inflation […]