US Treasury Secretary Scott Bessant said that the Federal Reserve's policy is hindering economic growth by keeping interest rates at too high a level.His comment followed the publication of revised data from the Bureau of Labor Statistics (BLS), according to which job growth in 2024 was overestimated by almost 1 million. With an earlier adjustment of 577,000, the total discrepancy was about 1.5 million jobs.«These data show that the economy under Biden looked better on paper than in reality,» sa... Прочетете още
The national currency of Canada lost its strength to an eight-month low against its U.S. rival... Прочетете още
The services sector in China slightly slid down but it remained steadfast in February that induced... Прочетете още
The UK manufacturing cooled down slightly compared with the highs of 2017, as presented in an... Прочетете още
The Japanese economy is projected to grow faster in the last three months of 2017 versus the... Прочетете още
The economic growth of U.S. was revised downward but the 2.5 percent annual rate is still a good... Прочетете още
The total unemployment rate in Germany for February came in lower than expected, as the employment... Прочетете още
The central bank will have a gradual normalization of the monetary policy and they have to take... Прочетете още
More demand for safe-haven assets and low productivity growth induce the Federal Reserve to keep... Прочетете още
Export orders of Taiwan are predicted to reach an 18th consecutive month high in January but at a... Прочетете още
The data released on Monday indicates that the industrial production of Singapore shows... Прочетете още
The foreign trade rose by 0.6 percent for the last quarter in Germany, as the biggest economy,... Прочетете още
The economic growth of Britain tends to move at a slower pace compared to the fourth quarter last... Прочетете още
The economy returned to a 3 percent growth due to the new policies of Donald Trump, according to... Прочетете още
According to the most recent released minutes of meeting by the Fed, several officials predict that... Прочетете още
The Bank of Korea is ready to face any unfavorable outcome following the policy tightening in the... Прочетете още
Scotiabank stated that the delay in the construction of oil pipeline led to a sharp reduction in... Прочетете още
Bank of Japan Governor, Haruhiko Kuroda, was reappointed for the next five-year term and it also... Прочетете още
The projection of Goldman Sachs shows extreme financial losses which have the tendency to slow down... Прочетете още
The confidence of Japanese manufacturers has had a huge drop in February following a high reading... Прочетете още
The jobless rate in France had decline generally, but there are no immediate solutions for skill... Прочетете още
The Japanese economy should have recovered following the decline of stocks and strengthening of yen... Прочетете още
After seven years, the economic growth of the Eurozone increased faster compared with the British... Прочетете още
China could possibly reduce its efforts to control risks within the financial sector to secure the... Прочетете още
The Bank of Japan Governor, Haruhiko Kuroda, emphasized the necessity of the nation to have a... Прочетете още
Local governments of Beijing were pressured to settle their financial problems while a new rule on... Прочетете още
The US administration is working out the details of its investment plan towards America’s weakening ... Прочетете още
Both producer and consumer inflation abated as anticipated for the month of January despite the... Прочетете още
The U.S. Federal Reserve will gradually adjust their current accommodative monetary policy and push... Прочетете още
The central bank of South Korea would maintain their accommodative monetary policies because of low... Прочетете още
Japanese wages drop in December at its quickest rate in five months. This also implies that... Прочетете още
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