The ECB should be ready to reduce the cost of borrowing to just below 2% per annum in order to offset the risks caused by global trade conflicts, said Pierre Wunsch, head of the Central Bank of Belgium. According to him, the current economic uncertainty and the resulting shocks require additional support. As one of the steps, Wunsch mentioned a reduction in the deposit rate, which has already been reduced by the ECB from 4% to 2.25% since June last year.Wunsch's statements indicate a revision of... Прочетете още
Japan’s Inflation on consumer real wages adjusted higher in March for the first time in since D... Прочетете още
The consumer economy of Britain was unable to bounce back in April due to snowy weather that... Прочетете още
The central bank of Turkey intends to maintain their current monetary policy until inflation in... Прочетете още
The American economy showed unexpected strength but the robust labor market did not trigger major... Прочетете още
The German Industrial orders contracted unexpectedly in March. This has been the third consecutive... Прочетете още
Bank of Japan policymakers advised about the premature debate about the withdrawal from the... Прочетете още
The non-manufacturing business in America declined in April but the overall growth over 8 years... Прочетете още
Trade surplus in Australia expanded to its 10-month highs in March due to increase in resource... Прочетете още
Interest rates were kept steady by the Federal Reserve and confidently saying that recent inflation... Прочетете още
The European economy slackened in the first quarter of this year but was able to surpass Britain,... Прочетете още
The services sector in Japan rose at the quickest rate in first half of the year due to more demand... Прочетете още
Household borrowing in Britain fell to its lowest level after 5 ½ years in March. On Tuesday, ... Прочетете още
The service industry in China rose for the month of April based on the official survey on Monday,... Прочетете още
The Lloyds Bank survey indicates that British firms are very optimistic towards its economy. More... Прочетете още
France, the euro zone’s second-biggest economy, unexpectedly slowed down a bit in the first quarter ... Прочетете още
Italian caretaker government already established its updated multi-year economic plan on Thursday.... Прочетете още
The Bank of Canada governor Stephen Poloz said the nation is moving toward a positive note after... Прочетете още
South Korea’s economy had rallied in the previous quarter as health exports were buoyed, government ... Прочетете още
The U.S. economy strengthens following the rebound of the U.S. consumer confidence and... Прочетете още
The economic forecast of German government slid down to 2.3 percent from the previous 2.4 percent... Прочетете още
The consumer prices have weakened in the previous quarter as core inflation lower than the central... Прочетете още
Singapore’s inflation remained subdued in the previous month due to a gradual increase in prices of ... Прочетете още
The central bank of Iran has prohibited trading of cryptocurrencies including Bitcoin due to money... Прочетете още
Manufacturing activity in Japan grew at a faster pace this month compared in March, considering... Прочетете още
Japan apprised its G20 equivalent saying that protectionism and interchange of retaliatory measures... Прочетете още
Economic growth of Germany has the tendency to slow down gradually in Q1, however, the upswing in... Прочетете още
Following a loose monetary policy for a decade, the Federal Reserve will probably increase their... Прочетете още
The jobless rate in Australia was unchanged in March compared with the revised forecast in the past... Прочетете още
The International Monetary Fund issued its two-yearly assessment for New Zealand and showed that... Прочетете още
China’s economy advanced at a slightly faster-than-anticipated rate of 6.8 percent in the first q... Прочетете още
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