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... Baca Lagi
The Mexican currency is rapidly approaching the minimum level that was recorded in mid-2022,... Baca Lagi
The price of Brent crude oil fell to $70.41 per barrel, while April futures for WTI dropped to... Baca Lagi
European banks have completed another year with record figures. Leading EU financial institutions... Baca Lagi
The United States is suspending military aid supplies to Ukraine until Kiev begins to facilitate... Baca Lagi
US President Donald Trump has announced that he intends to create a strategic crypto reserve for... Baca Lagi
Brandon Gill, a Republican from Texas, intends to submit to Congress a bill envisaging the issuance... Baca Lagi
The ECB is nearing the end of its interest rate reduction cycle, which is causing increased... Baca Lagi
According to Eurostat, in February, the inflation rate in the eurozone countries decreased to 2.4%,... Baca Lagi
The bitcoin exchange rate went up sharply after Trump's words about the creation of the US crypto... Baca Lagi
Tesla shares have fallen 40% since the end of 2024, accelerating the decline following news of a... Baca Lagi
On Friday, gold prices showed a decline, preparing for the largest weekly drop since November, due... Baca Lagi
Since the beginning of the year, the Russian ruble has strengthened by 15% against the dollar,... Baca Lagi
According to the Binance crypto exchange, the BTC/USD exchange rate on the night of February 28... Baca Lagi
A new meeting of US and Russian diplomats will take place in the near future. This was agreed by... Baca Lagi
According to the second interim estimate by the US Department of Commerce, the US economy grew by... Baca Lagi
The EU, reacting to the statements of US President Donald Trump, called on Washington to open a... Baca Lagi
The financial leaders of the BRICS countries have outlined cooperation priorities for the current... Baca Lagi
The Chinese authorities plan to allocate over $55 billion to support a number of the country's... Baca Lagi
Emmanuel Macron's trip to the United States was called a «waste of time.» The fact is that Trump d... Baca Lagi
Tesla shares fell by more than 9% after sales in the European Union and the United Kingdom fell by... Baca Lagi
In Germany, a record increase in electricity prices was recorded in February, due to a reduction in... Baca Lagi
European stock indexes are showing steady growth on Wednesday, due to the favorable reaction of... Baca Lagi
In 2024, as before in 2023, the Bundesbank's monetary policy continued to have an impact on the... Baca Lagi
Global debt increased by $7 trillion in 2024, reaching a record $318 trillion, according to data... Baca Lagi
Russia ranks 4th in the world in terms of reserves of rare earth metals. The proven reserves of REM... Baca Lagi
The US Federal Reserve plans to increase the volume of purchases of short-term bonds so that the... Baca Lagi
British Prime Minister Keir Starmer intends to redistribute public funds by reducing international... Baca Lagi
In the fourth quarter of 2024, Germany's GDP decreased by 0.2% compared to the previous three... Baca Lagi
The EU is expanding the list of American goods that may be subject to retaliatory duties if the... Baca Lagi
Putin held a meeting on the development of the rare earth metals industry. The Russian president... Baca Lagi
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