US Treasury Secretary Scott Bessant said that the Federal Reserve System should reduce the key interest rate by at least 150-175 basis points from the current level. He suggested starting the cycle in September with a step of 50 bp.According to him, if the regulator had had the revised labor market data published on August 1, it would probably have started cutting rates in June or July. These data showed that employment growth in May and June was reduced by 258,000 jobs.Currently, the Fed's rate... আরও পড়ুন
The Brazilian government increased the budget for federal expenditures by adding 5.003 billion... আরও পড়ুন
The economy of New Zealand increased by 0.6 percent during the third quarter due to the rebound in... আরও পড়ুন
The Bank of England allows the financial institutions in the country to proceed with their selling... আরও পড়ুন
The worldwide Great Recession can be recalled a decade ago in the United States, which can be best... আরও পড়ুন
Growth forecast of Japan was adjusted to 1.9 percent and 1.8 percent for this year and the... আরও পড়ুন
The business sentiment in New Zealand remained near the eight-year depression in December, which... আরও পড়ুন
The economic outlook for Denmark was increased as the center-right plans to the revision of the... আরও পড়ুন
The Bank of Japan agreed to hold the last meeting of major central banks scheduled next week. This... আরও পড়ুন
The Bank of England thinks that the Brexit risk of “no deal” has lessened because of Theresa May’s B... আরও পড়ুন
The central bank of China raised money market rates as means of curbing financial risks and prevent... আরও পড়ুন
The confidence of largest manufacturers in Japan stood at 11-year high based on the survey from a... আরও পড়ুন
On Wednesday, the Federal Reserve expects for a faster pace of growth in the United States, as well... আরও পড়ুন
On Wednesday, South Korea publicized on their government statement that the capital profits from... আরও পড়ুন
The South East and London are expected to expand higher versus other UK regions in the coming... আরও পড়ুন
The U.S. Treasury Secretary Steven Mnuchin publicized that there will be cash management measures... আরও পড়ুন
The economy of France is projected to increase at a steady pace in October to December based on the... আরও পড়ুন
The economy of Turkey has been rising at a faster rate more than any other large economies in the... আরও পড়ুন
Major manufacturers in Japan have a positive outlook regarding the economic condition of the... আরও পড়ুন
There is a need to take into consideration of Japan's central bank monetary policy banking system... আরও পড়ুন
President Emmanuel Macron of France had a one-day working visit in Algeria on Wednesday in order to... আরও পড়ুন
The industrial orders in Germany surged surprisingly in October because of domestic and foreign... আরও পড়ুন
The trade deficit in Canada slumped to a five-month low during the month of October sustained by... আরও পড়ুন
The advancement of the non-oil sector in the United Arab Emirates increased in November following... আরও পড়ুন
The official cash rate of the Reserve Bank of Australia remained at 1.5 percent. The decision was... আরও পড়ুন
The tepid growth of the U.K. economy will remain for some time. This could weaken in the next years... আরও পড়ুন
The manufacturing sector reached an 18-year high in November, according to the reports on Friday.... আরও পড়ুন
The Singapore-Australia Free Trade Agreement (SAFTA) was upgraded and approved on Friday. According... আরও পড়ুন
Various indicators imply more risks are faced by the financial system of Denmark’s central bank s... আরও পড়ুন
Jerome Powell is officially getting closer to becoming the next Fed Reserve Chairman. The Fed... আরও পড়ুন
Federal Bank of Minneapolis’ President Neel Kashkari who disagreed on the rate hikes that happened t... আরও পড়ুন
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