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... Více
The Bank of Japan board member, Goushi Kataoka, mentioned that the stimulus plan must be revised to... Více
The Japanese government allocated an extra budget of 2.7 to 2.9 trillion yen equivalent to $24-26... Více
The plan of the government in expanding the British industry prior the EU exit is scheduled to be... Více
Japanese manufacturing output is anticipated to soar as the consumer inflation increased in October... Více
The UK household expenditure bounced back while growth for business investment tend to last longer... Více
Britain reduced the official forecasts regarding the growth of the economy, according to the... Více
The U.S. Treasury yield curve is intensifying concern as it has been moving flat at a quicker rate... Více
The economic situation in Italy is gradually improving, however, it is also important to cut down... Více
It is still unknown when will the Reserve Bank of Australia be able to return to sufficient wages... Více
The Office for National Statistics evaluates the British economy by overhauling its way which... Více
The non-oil exports from Singapore rose at a quicker rate than anticipated for October since there... Více
As noted by the group of economists from a banking company, Goldman Sachs, the American economy... Více
The exports from Japan are anticipated to increase for eleven consecutive months in October which... Více
The People's republic of China is confronted with bubble risk which was mainly due to higher money... Více
The European Commission had cut down its economic expectation for the growth in Britain, with... Více
The American citizens have high approval rating to the US economy prior the Sept. 11, 2001 attacks,... Více
Based on the new research led by the HSBC, companies that are located at Shenzhen in Southern... Více
Greater number of European businesses intends to cut down their orders from British suppliers... Více
The German investors sentiment had increased, reaching its highest level for this month. The... Více
Economists are expecting that the Reserve Bank of New Zealand will maintain its official cash rate... Více
The central bank of Lebanon has assured that the Lebanese pound has been steadfast, according to... Více
Consumer prices in Turkey rallied to a record high over 13 years, excluding volatile items such as... Více
After more than a decade, the Bank of England decided to implement interest rate hike. The bank... Více
The total unemployment rate in Germany declined a bit lower than expected for the month of October... Více
It seems noticeable that the American economy is on a tear as shown in the economic model of the... Více
Singapore aims to strengthen its standing being the financial hub in Asia that targets greater than... Více
The American economy unanticipatedly sustained the rapid momentum in Q3, as the inventory... Více
Japan’s industrial production was anticipated to decline in September following a rigid profit in t... Více
There are more American citizens who filed for unemployment benefits that led to an increased over... Více
The Britain economy progressed higher than expected in the third quarter. Yet the economist... Více
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