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... Baca Lagi
The U.S. stock market is consolidating after two days of gains awaiting the first presidential... Baca Lagi
According to the State Secretariat for Economic Affairs (SECO) of Switzerland, the country's GDP... Baca Lagi
Oil prices fell on Thursday amid uncertainty about the outlook for the global economy and the... Baca Lagi
According to the Energy Information Administration (EIA) of the US Department of Energy, the volume... Baca Lagi
On Tuesday, the UK said it intends to abandon the return of people to their usual jobs in an... Baca Lagi
The British authorities announced that they are considering the possibility of canceling the Tax... Baca Lagi
According to the UK National Statistical Office (ONS), retail sales in August increased 0.8% from... Baca Lagi
World Bank Chief Economist Carmen Reinhart, speaking at the Trends 2021 online forum, said that the... Baca Lagi
According to the Office for National Statistics (ONS), inflation in Great Britain in August in... Baca Lagi
According to the September OPEC report, the organization downgraded the forecast for world oil... Baca Lagi
Today it became known that the UK and Japan signed the first trade agreement after Brexit. At the... Baca Lagi
The euro rose significantly after the meeting of the European Central Bank, at which the regulator... Baca Lagi
Job vacancies in the US increased in July, with more workers leaving retail and professional and... Baca Lagi
The US has said it is considering a ban on Chinese cotton products from Xinjiang. The US cited... Baca Lagi
British Prime Minister Boris Johnson said that a Brexit trade deal with the European Union should... Baca Lagi
According to the US Bureau of Labor Statistics, an additional 1.371 million nonfarm jobs were... Baca Lagi
According to the US Department of Labor, the number of initial applications for unemployment... Baca Lagi
According to the Federal Agency for Employment of Germany, the number of unemployed in Germany in... Baca Lagi
The German authorities have improved their forecast for the outlook for the economy in 2020 amid... Baca Lagi
According to Statistics Canada, the country's economy contracted by a record 11.5% in the second... Baca Lagi
The US Federal Reserve System (FRS) announced today that it will further ease its inflationary... Baca Lagi
The European trading session began extremely cautiously, as market participants are awaiting the... Baca Lagi
The euro is showing growth after the publication of strong statistics from Germany, while the... Baca Lagi
The American trading session opened with growth as the United States recorded its lowest... Baca Lagi
EU negotiator Michel Barnier said that negotiations on a trade and economic deal between the EU and... Baca Lagi
The number of initial jobless claims rose unexpectedly to 1.106 million, according to the US Labor... Baca Lagi
The price of gold dropped today below the level of $2,000 per ounce (to $1,987.93) amid the... Baca Lagi
According to the US Department of Commerce, the number of new homes in the US in July increased by... Baca Lagi
The OPEC+ Technical Committee said that in July the level of execution of the deal by OPEC... Baca Lagi
According to the second estimate of the European statistical agency Eurostat, the GDP of the EU... Baca Lagi
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