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
The Canadian economy had an unfavorable situation in the previous year. The trade data was... Více
The National Institute of Economic and Social Research (Niesr) assessed that the British economy... Více
The People’s Bank of China announced to sustain a neutral monetary policy for this year with a s... Více
The Monetary Authority of Singapore has been doing thorough research in risks associated with... Více
The decline of the stock market on Monday did not cause a significant impact on the American... Více
Japan’s central bank has to sustain the ultra-loose monetary policy, as the current progress is s... Více
The Australian economy is currently involved in reflation wherein economic growth and inflation... Více
The eurozone economy rose in a decade last year, which has been the quickest rate and its momentum... Více
The updated forecast of the Atlanta Fed shows that US economy is progressing to reach significant... Více
The manufacturing data from Japan progressed at a quicker pace in almost four years in January with... Více
New Zealand is planning to gauge its economic growth through cultural, environmental and social... Více
A slower growth in the manufacturing sector of China was less than expected this January due to an... Více
The EU economy was able to increase at its fastest pace after a decade, highlighting the surge of... Více
The Mexican economy bounced off in the last quarter of 2017 as it was pushed higher by the... Více
On Monday, the growth outlook for Germany was revised upward by the government, with a forecast of... Více
Trading relations between Britain and European Union is still uncertain, which poses risk to... Více
The United Nations Conference on Trade and Development (UNCTAD) reported that direct investments... Více
China’s Insurers should follow the standards set by the central bank and the foreign exchange r... Více
The governor of the Bank of England, Mark Carney expressed the Brexit costs the UK economy an... Více
With expectations that inflation could bring further growth in the New Zealand economy this year... Více
The economy of South Korea surprisingly declined in the previous quarter as it faced problems on... Více
The governor of Mexico’s central bank, Alejandro Diaz de Leon, anticipates the inflation rate to r... Více
The average mortgage rate of Australians exceeded by $500,000 for the first time, which seems... Více
Oil prices have been progressing strongly as it was supported by a good positive economic growth... Více
Canada together with other remaining partners of the former Trans-Pacific Partnership is set to... Více
The monetary policies were maintained by the central bank of Japan on Tuesday that gives a positive... Více
The U.S economy is expected to expand by 2.7 percent in 2018 due to President Trump’s tax r... Více
Consumer prices in Japan are anticipated to gain for the 12 consecutive months in December.... Více
As shown in the official data, the Chinese economy expanded by 6.9 percent last year which is the... Více
Inflation in the eurozone moved further away from the target of the European Central bank for... Více
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