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... Více
Several forecasting experts suggest that the American economy could reach 5% growth during the... Více
The business confidence survey of New Zealand signifies a slowdown in the economy that could lead... Více
The House of Commons speaker made an announcement yesterday about the bill approval on Brexit which... Více
Housing starts rose as the summer approaches despite high selling rates and low home inventory. A... Více
The Reserve Bank of New Zealand is expected to maintain the interest rates this week and there are... Více
According to a French minister, there were nine European countries expected to lay out their plan... Více
The core inflation of Japan is still low in the month of May, signifying that the central bank is... Více
Bank of England’s key interest rate remained steady at 0.5 percent according to the announcement m... Více
An official from International Monetary Fund told Nikkei that Japan should boost its consumption... Více
The U.S. money market fund assets plunged to the lowest figure over two years as companies arrange... Více
The economy of France dropped from 2.3 percent to 1.7 percent this year, according to the forecast... Více
The economic assessment of Japan was remained steady, showing gradual recovery and policymakers... Více
The Swiss National Bank announced the decision to maintain an ultra-loose monetary policy on... Více
Atlanta Fed President Raphael Bostic told on Monday that fears on potential trade conflict will... Více
Japan’s exports increased by 8.1 percent May from the same period last year due to higher shipment o... Více
The British economy showed hints of growth at its weakest rate from 2009 until 2018 because of... Více
China’s economy is starting to cool off following after lending concerns on riskier lending that f... Více
The Federal Reserve revised upward its economic forecast for the United States on Wednesday. The... Více
The consumer price of the U.S. increased slightly in May despite the slower growth of gasoline... Více
The measure of consumer sentiment in Australia showed a marginal increase in June on the back of... Více
The economy ministers of France and Germany had a meeting this weekend in order to talk about the... Více
China’s exports grew steadily in May by 12.6 percent, sight lower than the month of April. N... Více
The Confederation of British Industry (CBI) thinks that the UK government should shift its focus on... Více
The central bank is not in a hurry to reduce the collection of government bonds due to its stimulus... Více
Australia has sustained their growth in nearly two years in the previous quarter, sustaining 27... Více
The European Union is trying to convince the countries Canada, Japan, and Mexico to work together... Více
Private economists polled on Monday stated that the increase of tax cuts for the American economy... Více
Japan’s services sector activity rose at a sluggish pace in May than the previous month given the e... Více
Britain would only sign a trade deal with the United States if the agreement would be valuable for... Více
Zanda Kalnina-Lukasevica, Foreign Ministry’s parliamentary secretary of Latvia states that the c... Více
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