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... Read More
Majority of Poland has supported the conservatives instead of the opposition party following the... Read More
The Great Britain failed to have an impressive an economy in 2018 based on a major poll on... Read More
The economy minister of Japan, Toshimitsu Motegi, says that the government needs to check various... Read More
The Bank of France published a report yesterday which showed improvements in the services and... Read More
Japan will extend their target main budget surplus by two years until fiscal 2027. The government... Read More
The retail sales of Australia showed up its largest monthly increase in four years in November due... Read More
Based on the Thinktank's forecast, the longest period of increasing factory output in Britain over... Read More
Job openings in Australia have exceeded its past recorded figures from September to October in 2017... Read More
French President Emmanuel Macron had an official visit to China for the first, securing... Read More
German industrial economy resumed its positive path amid delays in manufacturing orders on the... Read More
House prices in Britain dropped for the first time after six months in December despite economic... Read More
According to the central bank of China, open market operations will be postponed on Monday as... Read More
The Nikkei Composite PMI™ Output Index maintained a steady rate at 52.2 during the month of D... Read More
Based on the adjusted Emirates NBD Saudi Arabia Purchasing Manager’s Index. The non-oil private s... Read More
American companies ended 2017 with a strong recruitment during December, with the highest jobs... Read More
The Federal Reserve officials predict the reductions in corporate and personal taxes will step-up... Read More
Malaysian exports are foreseen to increase at a slower annual pace compared to the prior month last... Read More
The Bank of Canada published a new report regarding its projection for the Canadian economy. It... Read More
Majority of the economists predicted that the economy of Japan will continue to grow this year.... Read More
South Korea aims to maximize the potential to raise capital outflows the Korean won as it continues... Read More
According to a report from the Commerzbank, the German economy is predicted to increase by 2.5... Read More
Argentina has adjusted their inflation target for the next two years, which enables the central... Read More
Unemployment rate in France declined by 0.8% in November which further showed a reversal on the... Read More
The inflation rate of Indonesia is anticipated to have slightly increased in December, which is the... Read More
According to the central bank of Spain, robust export could possibly help increase the country’s e... Read More
The economy of Singapore is presumed to have slowed down in the last quarter of the year but a... Read More
It is expected that China will outperform the American economy in the year 2032 based on a new... Read More
Household spending soared greater than expected in November and the consumer inflation increased as... Read More
Consumer prices in Japan are anticipated to increase for an 11th consecutive month in November... Read More
Energy consumption in Germany for this year increased due to an optimistic economic development,... Read More
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