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Finance & Markets

Central Bank of Sri Lanka releases Monetary Policy Report – August 2026

The Central Bank released its second Monetary Policy Report for 2026 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The biannual Monetary Policy Report provides forward-looking insights about the economy, particularly inflation and economic growth outlook, and risks to projections. Through this Report, the Central Bank […]

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More in Finance & Markets

US stocks retreat from record high after weak data

The US stock market edged back from its all-time high on Friday following the latest report on the economy to come in surprisingly weak, this time about how much shoppers are spending at retailers. Such data could keep interest rates low, which is something Wall Street loves, but it also raises the risk of a slowing economy when inflation…

  • US stocks fall from record high after weak retail spending data
  • S&P 500 down 0.2%, Dow Jones 107 points, Nasdaq 0.3%
  • Consumer spending drop eases inflation concerns, may delay rate hikes

·news.rthk.hk