August 2018

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Indonesia Hikes Key Rate By 25 Bps

Indonesia’s central bank raised its key rate by a quarter point to stabilize the rupiah amid worsening current account deficit and turmoil in Turkey. The Board of Governors lifted the 7-day reverse repo rate to…

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UK Inflation Accelerates In July

UK inflation accelerated for the first time in eight months in July, figures from the Office for National Statistics showed Wednesday. Consumer prices climbed 2.5 percent year-on-year in July, as expected, but slightly faster than…