CBR raises key rate and announces resumption of the fiscal-rule forex buying in January
Russia CBR raises key rate and announces resumption of the fiscal-rule forex buying in January The Central Bank of Russia decided to raise the key rate by 25 basis points to 7.75 %. The increas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Chinese economy powers ahead in first two months of 2018
Chinese economy powers ahead in first two months of 2018 Real industrial output rose by 7.2 % y-o-y in January-February – the highest January-February industrial output figure since 2014. Fixed asset...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR lowers key rate
Russia CBR lowers key rate The Central Bank of Russia lowered its key rate by 50 basis points to 5.5 % on April 24. The CBR further signalled that it would consider another rate cut at its next...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China offers stimulus by lowering bank reserve requirements
China offers stimulus by lowering bank reserve requirements On Monday (Apr. 20), the People’s Bank of China lowered the reserve requirement ratio (RRR) by a full percentage point. The RRR requiremen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia's finance ministry proposes continuing the pension funding practice of last years
Russia Russia's finance ministry proposes continuing the pension funding practice of last years Russia's finance ministry proposes continuing the pension funding practice of last years Russ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Bumpy first high-level meeting between China and Biden administration officials
China Bumpy first high-level meeting between China and Biden administration officials US secretary of state Anthony Blinken and national security adviser Jake Sullivan met with China’s foreign minis...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia plans for increased government spending, tighter monetary policy
Russia plans for increased government spending, tighter monetary policy Latest 3-year federal budget framework anticipates leap in military spending The Russian government last week approved a draft ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Finland’s imports from China continued to climb in the first quarter
China Finland’s imports from China continued to climb in the first quarter The value of goods exported from Finland to China in the January-March period reached 910 million euros, a 7 % increas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
After long hiatus, Chinese government again issues euro-denominated bonds
China After long hiatus, Chinese government again issues euro-denominated bonds Last month, China’s finance ministry issued euro-denominated debt for the first time in 15 years. The 4-billion-euro i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Bank of Russia cuts key rate again
Russia Bank of Russia cuts key rate again Last Friday (Dec. 13), the Central Bank of Russia board of directors decided to cut the CBR key rate by 25 basis points to 6.25 %. The CBR said th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian central bank lowers key interest rate
Russian central bank lowers key interest rate At its monthly meeting last Friday (June 10), the Central Bank of Russia’s board of directors voted to lower the key rate by 50 basis points to 10.5 %. T...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian economy has shrunk considerably from early 2015
Russian economy has shrunk considerably from early 2015 Seasonally adjusted figures show a substantial recovery in industrial output in the first three months of this year. Extractive industries, par...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Pricing factors depress Chinese foreign trade
Pricing factors depress Chinese foreign trade Measured in US dollars, China’s goods exports fell 18 % and imports 17 % in the first two months of this year. The foreign trade surplus for the period c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR lowers key rate
CBR lowers key rate Effective Tuesday (May 5), the Central Bank of Russia lowered its key interest rate by 1.5 percentage points to 12.5 %. It was the third rate cut this year. The central bank said ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
BOFIT Visiting Researchers programme
visiting researchers programme,researchers BOFIT Visiting Researchers programme BOFIT Visiting Researchers scheme enables academics and researchers to spend a period of time conducting research at B...
Bofit.fi / Bofit homepage / Visiting Researchers Programme
Poorer employment opportunities for young Chinese and internal migrants
China Poorer employment opportunities for young Chinese and internal migrants According to official figures, 747 million people were employed in China last year, of which 63 % had jobs in urban...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
With covid cases soaring, Russia implements short partial lockdowns on several parts of the economy
Russia With covid cases soaring, Russia implements short partial lockdowns on several parts of the economy Following a cabinet recommendation, president Vladimir Putin last week decreed paid leave d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
More mixed messages about the Chinese economy
China More mixed messages about the Chinese economy China’s National Bureau of Statistics reports industrial output growth rose from 4.7 % y-o-y in October to 6.2 % in November. The improv...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Monitoring
BOFIT monitors and analyses the economic development, policies and progress of structural reforms of emerging economies, including Russia, China and India. We also track relevant developments in the g...
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BOFIT Forecast for Russia 2023-2024 / 1
Russia,forecast BOFIT Forecast for Russia 2023–2024 is published Russia’s unprovoked invasion of Ukraine and the economic sanctions imposed on Russia drove the Russian economy to the verge of crisis...
Bofit.fi / Bofit homepage / BOFIT / News / 2023