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... Czytaj więcej
Negotiations between Republicans and Democrats in Congress on the next round of economic aid... Czytaj więcej
The consumer price index in the US in July accelerated its growth to 1% in annual terms. The June... Czytaj więcej
According to the US Department of Labor, producer prices in the country (PPI) in July 2020 rose by... Czytaj więcej
The US stock market started the week in a positive mood amid hopes for a compromise on a new... Czytaj więcej
According to the US Bureau of Labor Statistics, only 1.763 million jobs were created in the nonfarm... Czytaj więcej
According to the US Department of Labor, the number of Americans who filed initial applications for... Czytaj więcej
Deputy Chairman of the Federal Reserve System (FRS) Richard Clarida expects the US economy to... Czytaj więcej
On Tuesday evening, the price of gold started to rise sharply, reaching $ 2.001 per troy ounce. The... Czytaj więcej
According to the research organization Markit Economics, the index of business activity (PMI) in... Czytaj więcej
According to the statistical agency Eurostat, the GDP of the EU countries in the II quarter fell by... Czytaj więcej
According to the US Department of Commerce, US GDP in the second quarter contracted by a record... Czytaj więcej
On Thursday, the European stock market crashed after the publication of the German GDP report and... Czytaj więcej
Oil prices started to rise after the publication of a report from the US Energy Information... Czytaj więcej
A two-day meeting of the US Federal Reserve System starts today, following which the regulator will... Czytaj więcej
On Monday evening, the US dollar accelerated its decline in pairs with major foreign exchange... Czytaj więcej
According to the trading data, the main US stock indexes are declining on Friday, as investors... Czytaj więcej
The UK's chief Brexit negotiator David Frost said today that Britain and the EU have failed to... Czytaj więcej
At the auction on Wednesday, American stock indices generally show a decline, reacting to the... Czytaj więcej
Indian authorities have announced that the country plans to store part of its crude oil reserves in... Czytaj więcej
The EU summit, following which the leaders of the EU countries should discuss a package of... Czytaj więcej
Mexican President Andres Manuel Lopez Obrador said the country has fulfilled its part of the OPEC+... Czytaj więcej
According to the US Department of Labor, the number of initial applications for unemployment... Czytaj więcej
The European Commission has announced that it has approved a plan by Germany to create a fund of... Czytaj więcej
According to the report of the American oilfield services company Baker Hughes, the number of... Czytaj więcej
According to the European statistical agency Eurostat, retail sales in the eurozone in May rose by... Czytaj więcej
According to the US Department of Commerce, the country's foreign trade balance deficit amounted to... Czytaj więcej
According to the US Department of Labor, in June the number of jobs in the economy increased by 4.8... Czytaj więcej
According to the Institute for Supply Management (ISM), the US index of business activity in the US... Czytaj więcej
According to analysts at Conference Board, the US Consumer Confidence Index in June rose to 98.1... Czytaj więcej
More than 40% of the S&P 500 companies withdrew quarterly or annual forecasts due to the... Czytaj więcej
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