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... আরও পড়ুন
Ficci issued a report today showing that GDP growth of India is projected at 7.1 percent for the... আরও পড়ুন
The consumer confidence bounced higher in May but households are skeptical regarding the outlook of... আরও পড়ুন
The jobless rate of Japan has remained the same in April, as well as the job openings according to... আরও পড়ুন
According to PwC, drones are predicted to increase British economy by £42 million in 2030 since the ... আরও পড়ুন
On Monday, Japan’s Prime Minister Shinzo Abe stated that he would try to persuade U.S President D... আরও পড়ুন
The People’s Bank of China adjusted their rates higher on the 28-day reverse bond repurchase a... আরও পড়ুন
Net external assets of Japan declined for three consecutive years in 2017 following the increase of... আরও পড়ুন
Based on the survey released on Friday, UK households became less confident this month relative to... আরও পড়ুন
China already has plans to reduce tariffs on imports of some consumer products from food and... আরও পড়ুন
The data from the Ministry of Trade and Industry showed that manufacturing remained to be the major... আরও পড়ুন
Singapore’s Inflation in the previous month was lower than expected because of the slow rate of p... আরও পড়ুন
The European bloc confirmed yesterday the start of free trade negotiations with Australia and New... আরও পড়ুন
Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the e... আরও পড়ুন
Germany’s economy had a strong growth amid weak data from the largest economy in Europe earlier in 2... আরও পড়ুন
The retail sales volume in New Zealand had expanded during Jan-Mar period but also recorded its... আরও পড়ুন
The factory output in the U.S. increased in April despite the low output on manufacturing and... আরও পড়ুন
Consumer prices in Japan had increased by 0.7 percent in the previous month, according to the data... আরও পড়ুন
The U.S. building permits dropped in April, indicating the housing market is trying to keep afloat... আরও পড়ুন
According to the Standard & Poor's chief economic policymaker assessment on Thursday, the South... আরও পড়ুন
The largest economy cooled down sharply in the first quarter despite the onset of flu and strikes,... আরও পড়ুন
The French economy is projected to expand by 0.3 percent during the period of April-June, this... আরও পড়ুন
The industrial output of China rose to 7.0 percent in April compared last year which has been... আরও পড়ুন
US Commerce Secretary Wilbur Ross is hoping to witness a development to lessen the significant gap... আরও পড়ুন
Interest will probably increase by the end of the year, according to Bank of England Governor, Mark... আরও পড়ুন
The interest rates were kept steady by the Bank of England on Thursday after an unexpectedly weak... আরও পড়ুন
Germany intends to employ higher-than-anticipated tax revenues to increase investment in the... আরও পড়ুন
Japan’s Inflation on consumer real wages adjusted higher in March for the first time in since D... আরও পড়ুন
The consumer economy of Britain was unable to bounce back in April due to snowy weather that... আরও পড়ুন
The central bank of Turkey intends to maintain their current monetary policy until inflation in... আরও পড়ুন
The American economy showed unexpected strength but the robust labor market did not trigger major... আরও পড়ুন
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