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... Saiba Mais
The national currency of Canada lost its strength to an eight-month low against its U.S. rival... Saiba Mais
The services sector in China slightly slid down but it remained steadfast in February that induced... Saiba Mais
The UK manufacturing cooled down slightly compared with the highs of 2017, as presented in an... Saiba Mais
The Japanese economy is projected to grow faster in the last three months of 2017 versus the... Saiba Mais
The economic growth of U.S. was revised downward but the 2.5 percent annual rate is still a good... Saiba Mais
The total unemployment rate in Germany for February came in lower than expected, as the employment... Saiba Mais
The central bank will have a gradual normalization of the monetary policy and they have to take... Saiba Mais
More demand for safe-haven assets and low productivity growth induce the Federal Reserve to keep... Saiba Mais
Export orders of Taiwan are predicted to reach an 18th consecutive month high in January but at a... Saiba Mais
The data released on Monday indicates that the industrial production of Singapore shows... Saiba Mais
The foreign trade rose by 0.6 percent for the last quarter in Germany, as the biggest economy,... Saiba Mais
The economic growth of Britain tends to move at a slower pace compared to the fourth quarter last... Saiba Mais
The economy returned to a 3 percent growth due to the new policies of Donald Trump, according to... Saiba Mais
According to the most recent released minutes of meeting by the Fed, several officials predict that... Saiba Mais
The Bank of Korea is ready to face any unfavorable outcome following the policy tightening in the... Saiba Mais
Scotiabank stated that the delay in the construction of oil pipeline led to a sharp reduction in... Saiba Mais
Bank of Japan Governor, Haruhiko Kuroda, was reappointed for the next five-year term and it also... Saiba Mais
The projection of Goldman Sachs shows extreme financial losses which have the tendency to slow down... Saiba Mais
The confidence of Japanese manufacturers has had a huge drop in February following a high reading... Saiba Mais
The jobless rate in France had decline generally, but there are no immediate solutions for skill... Saiba Mais
The Japanese economy should have recovered following the decline of stocks and strengthening of yen... Saiba Mais
After seven years, the economic growth of the Eurozone increased faster compared with the British... Saiba Mais
China could possibly reduce its efforts to control risks within the financial sector to secure the... Saiba Mais
The Bank of Japan Governor, Haruhiko Kuroda, emphasized the necessity of the nation to have a... Saiba Mais
Local governments of Beijing were pressured to settle their financial problems while a new rule on... Saiba Mais
The US administration is working out the details of its investment plan towards America’s weakening ... Saiba Mais
Both producer and consumer inflation abated as anticipated for the month of January despite the... Saiba Mais
The U.S. Federal Reserve will gradually adjust their current accommodative monetary policy and push... Saiba Mais
The central bank of South Korea would maintain their accommodative monetary policies because of low... Saiba Mais
Japanese wages drop in December at its quickest rate in five months. This also implies that... Saiba Mais
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