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 survey issued on Monday showed the lowest decline of business leaders’ confidence towards the U... Baca Lagi
The annual inflation rate in the Eurozone rose to 2.1 percent in July, according to the European... Baca Lagi
Treasury and Finance Minister Berat Albayrak of Turkey had excluded controls on capital movement as... Baca Lagi
The inflation rate of Britain increased in July for the first time this year. Although there are... Baca Lagi
The American economy continues to have a booming retail sales and productivity exceeds its... Baca Lagi
Import costs of the U.S. were kept the same in July with the surge of fuel costs that balanced out... Baca Lagi
The Ficci's Economic Outlook Survey issued on Tuesday showed that the Indian economy would... Baca Lagi
China’s economy has signs of cooling further amid the difficulty of U.S. trade tariffs while there a... Baca Lagi
The American economy is expected to boost by 3.1 percent this year due to increase in government... Baca Lagi
The Reserve Bank of New Zealand released the forecast of interest rates from a one-year record low... Baca Lagi
The Gross Domestic Product (GDP) growth rate of the United Kingdom for the April- June quarter is... Baca Lagi
With rising inflation at hand, the central bank needs to tighten the monetary policy little by... Baca Lagi
The economic recovery of South Korea was restricted by the sluggish domestic demand despite the... Baca Lagi
The industrial order of Germany plunged lower in June, as the biggest drop for almost a year and a... Baca Lagi
Wages for workers in Japan had a significant increase in June due to the huge amount of summer... Baca Lagi
New jobs of 157,00 were added in the previous month by the U.S. employers, lesser than anticipated,... Baca Lagi
The economic report of Singapore for the second quarter of the year is expected to be release on... Baca Lagi
Japan’s services sector activity had slightly slowed down in July compared to the month of June, c... Baca Lagi
The central bank of Mexico is presumed to keep their interest rates strong following a strong climb... Baca Lagi
According to a survey on Wednesday, stronger new orders and increased in output supported the... Baca Lagi
Japanese manufacturing activity is slower than the July forecast as reported on Wednesday which... Baca Lagi
The factory activity of South Korea declined for the fifth time in July and recorded as the worst... Baca Lagi
The survey on top economists shows that experts are expecting for the Bank of England to lift its... Baca Lagi
Indonesia’s annual inflation rate in July will probably rise slightly because of higher food costs a... Baca Lagi
US Treasury Secretary Steven Mnuchin stated his growth outlook for the American economy, he... Baca Lagi
U.S. economic advisor Larry Kudlow anticipates that the GDP for the second quarter will have a... Baca Lagi
With the global uncertainty concerns, the European Central Bank is expected to have a... Baca Lagi
The BRICS (Brazil, Russia, India, China and South Africa) leaders will have a three-day meeting in... Baca Lagi
India and Uganda made a deal to expand bilateral cooperation in terms of defense and economy after... Baca Lagi
Consumer confidence in the eurozone remained the same in July, signifying steadfast growth in the... Baca Lagi
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