- Sweden, Central Bank raises interest rates for the first time in seven years
The Swedish central bank raised rates for the first time in more than seven years, but argued the need to proceed with caution due to uncertainty over inflation and global outlook. The Riksbanken raised the rate by 25 basis points to -0.25%.
- Italian Government bonds, in October € 3.4 billion net foreign sales
In October, the portfolio of foreign investors in Italian government bonds fell by 3.4 billion euros. This was announced by Bankitalia in the context of the publication of balance of payments data.
- Fed raises interest rates by 1/4 point
The Fed raises interest rates by a quarter of a point. The cost of money rises between 2.25% and 2.50%. The Fed also reported two increases in interest rates in 2019, less than the three expected in September.
- Japan: Government cuts GDP and inflation estimates
The Government of Japan has revised downward estimates of GDP growth and inflation. For the 2018 fiscal year, the government expects GDP growth of 0.9%, compared to the initial forecast of 1.5%. For the 2019 fiscal year, Japan's GDP is expected to increase by 1.3%, compared to the previously expected 1.5%.
- The Fed challenges Trump: towards rising interest rates in the US
An increase in interest rates of 25 basis points and a fall in the monetary tightening for 2019. These are the steps that would be ready to make the Federal Reserve, which at the end of the two days of the FOMC, would seem to ignore the positions expressed by Donald Trump.
- IFO Index: the party is almost over
The downhill of the IFO index, a thermometer of the German economy, continues slowly but interrupted. Analysts had expected stabilization, but business climate worsened to 101 from 102 in December.