US Treasury Secretary Scott Bessant said that the Federal Reserve System should reduce the key interest rate by at least 150-175 basis points from the current level. He suggested starting the cycle in September with a step of 50 bp.According to him, if the regulator had had the revised labor market data published on August 1, it would probably have started cutting rates in June or July. These data showed that employment growth in May and June was reduced by 258,000 jobs.Currently, the Fed's rate... Saiba Mais
According to the European statistical Agency Eurostat, annual inflation in the 19 countries of the... Saiba Mais
Today, the Bank of England held a meeting, at which left rates unchanged at 0.75%. Representatives... Saiba Mais
The German government raised its forecast for GDP growth for 2020 and promised to create all... Saiba Mais
OPEC representatives said the organization is ready to extend the current decline in oil production... Saiba Mais
Experts note that due to the outbreak of pneumonia in China, the growth rate of the Chinese economy... Saiba Mais
According to preliminary data from the Markit Economics Research Organization, the composite index... Saiba Mais
Today, the European Central Bank (ECB) held a meeting, following which the regulator left key... Saiba Mais
During an interview with The Wall Street Journal at the World Economic Forum in Davos, U.S.... Saiba Mais
Chinese and European stocks show a decline amid concerns about the spread of a new coronavirus in... Saiba Mais
The price of oil today rose to more than a weekly maximum after the shutdown in two large fields in... Saiba Mais
According to the official forecast of the National Bureau of Statistics of China, GDP growth in the... Saiba Mais
The ceremony of signing the agreement on the first phase of the trade dispute between the US and... Saiba Mais
According to the Federal Statistical Office of Germany (Destatis), consumer prices, calculated... Saiba Mais
According to Eurostat data, Eurozone industrial production rose in November for the first time in... Saiba Mais
According to the US Labor Department, consumer prices in December rose 2.3% year-on-year; on a... Saiba Mais
According to the UK Office for National Statistics, industrial production in the country in... Saiba Mais
According to the Labor Department data, the U.S. economy has shown less job growth outside the... Saiba Mais
According to the US Department of Labor, the number of Americans applying for unemployment benefits... Saiba Mais
The United States Senate Committee on Finance has approved the U.S.-Mexico-Canada Trade Agreement... Saiba Mais
On Tuesday, the price of gold in Asia fell back from seven-year highs in the $1,582.59 area after... Saiba Mais
According to Sentix Research Center, investor sentiment in the eurozone improved in January for the... Saiba Mais
Analysts positively assess the prospects for the development of the global economy in... Saiba Mais
Several municipalities in Beijing, including the Financial Supervision and Administration Service,... Saiba Mais
The head of the Ministry of Energy of the Russian Federation, Alexander Novak, said that the... Saiba Mais
Oil prices continue their upward movement. Growth is supported by expectations of a Washington and... Saiba Mais
US President Donald Trump and President Xi Jinping of China announced that the first phase of a... Saiba Mais
Canada's economic indicators unexpectedly fell in October amid a sharp decline in manufacturing and... Saiba Mais
The price of gold is growing slightly on Monday, market participants are waiting for further news... Saiba Mais
According to the third and final estimate of the US Commerce Department, real gross domestic... Saiba Mais
After the United States and China announced the conclusion of the first phase of trade deal,... Saiba Mais
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