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The Netherlands statistics office reports that the country has entered a recession after the economy declined by 0.3% in the second quarter with exports and household spending falling despite rising interest rates that were intended to lower inflation.
2023-08-16

Inflation in the United Kingdom reaches a record 11.1%, pressuring the Bank of England to raise interest rates.
2022-11-16

The Bank of Korea cuts its growth forecast and expects the country's GDP to shrink 1.3% this year. It would be South Korea's worst performance since the height of the Asian financial crisis in 1998.
2020-08-27

The Bank of Korea raises interest rates for the first time in more than six years by lifting borrowing costs to 1.50 percent from 1.25, citing economic recovery.
2017-11-30

The Bank of Korea reports that the South Korean economy grew at the slowest rate in three quarters.
2011-10-27

The Reserve Bank of India increases interest rates to 8% in an effort to contain inflation which is currently at 9.44%.
2011-07-26

The South Korean Central Bank raises its benchmark interest rate by 25 basis points to 3.25 percent.
2011-06-10

The Reserve Bank of India increases interest rates by 50 basis points to 7.25 per cent.
2011-05-3

The Bank of Japan lowers interest rates in Japan to a range of between 0 and 0.1%.
2010-10-5