After better than expected growth in the global economy, Bank says financial markets are vulnerable to unforeseen negative news... READ MORE›
India's goods-producing economy advanced on its recovery path, with operating conditions improving at the strongest pace since December 2012, said Aashna Dodhia, an economist at IHS Markit... READ MORE›
China's central bank on Friday said it will maintain prudent and neutral monetary policy and use multiple policy tools to keep liquidity reasonably stable... READ MORE›
The unified movement suggests that investors see the Fed's interest rate moves tied to soaring equities markets... READ MORE›
The currency may initially strengthen because Russia's comparatively high returns will lure investors, even as the central bank lowers interest rates, he said... READ MORE›
Board member Cho Dong-chul dissented in the 6-1 vote to raising interest rates to 1.50 percent... READ MORE›
After raising interest rates for the first time in 10 years earlier this month, the Bank of England said it thought consumer price inflation... READ MORE›
UK shoppers cut spending by most in more than four years Visa... READ MORE›
Energy stocks also struggled as crude slipped below 57 a barrel amid rising tensions in the Persian Gulf... READ MORE›
Led by Governor Mark Carney, the Monetary Policy Committee voted 7-2 on Thursday to increase the benchmark rate to 0.5 percent from 0.25 percent... READ MORE›
Inflation has plunged from double-digits to less than 3 percent, far below the official target of 4.5 percent... READ MORE›
Data out on Thursday showed the unemployment rate slipped to 5.5 percent, compared with analysts' expectations for a steady 5.6 percent... READ MORE›
G-20 finance chiefs, upbeat on world economy, affirm coordination over risks... READ MORE›
Libya's daily oil production before the 2011 uprising stood at 1.6 million barrels... READ MORE›
But Mr White said it would be a good start for governments to stop depending on central banks to do their dirty work... READ MORE›
What can the bank of england do about inflation? what does that mean for interest rates?... READ MORE›
The regulator in January removed regulations limiting lenders from buying and selling foreign currency outside a 4 percent band on either side of the official exchange rate... READ MORE›
Loose monetary policy can also spur higher inflation, which reduces the debt burden for poorer members of society and also promotes job creation... READ MORE›
Oil and gas contributed 40 percent of Russia's budget revenue in 2016... READ MORE›
Global economic growth is accelerating sharply after months in the doldrums, confounding predictions of a worldwide recession following Britain'... READ MORE›
On Thursday, European Central Bank chief Mario Draghi announced a gargantuan stimulus and economic funding package to help mend Europe's banking system... READ MORE›
Australia has around 2 trillion in unconsolidated household debt relative to 1.6 trillion in GDP... READ MORE›
Kansas City Fed President Esther George, Cleveland's Loretta Mester and Eric Rosengren of Boston dissented at the meeting in favor of higher rates... READ MORE›
Low-interest rate regimes across Europe have pushed prices in London, Stockholm, Munich and Zurich to record levels, after accounting for inflation... READ MORE›
Brent for December settlement dropped 1.4 percent to 52.41 a barrel on the London-based ICE Futures Europe exchange... READ MORE›
The central bank trimmed its outlook for growth this year to 1.1 per cent, from the 1.3 per cent it had forecast in July... READ MORE›
Bank of Canada holds interest rate steady but sees 'substantial rebound' for rest of 2016... READ MORE›
A question that our central bankers were unable to resolve was why inflation remains so low... READ MORE›
The Russian currency has come under strong pressure in recent days with Brent crude futures losing 8.1 percent since March 7... READ MORE›
I don't think there's an inflation issue in China, it's an asset bubble, said Commerzbank senior emerging market economist Zhou Hao in Singapore... READ MORE›
Chinese policymakers face a dilemma as they need to tighten credit to contain debt and speculative investment without triggering a wave of defaults that could destabilize the financial system... READ MORE›
Hedge-Fund Manager Crispin Odey Says It's Now More Likely the Market Will Crash... READ MORE›
West Texas Intermediate oil for November delivery declined 0.2 percent to 50.35 a barrel on the New York Mercantile Exchange... READ MORE›
Banks in the Stoxx Europe 600 Index rallied ahead of the European Central Bank's meeting on Thursday, with the regional benchmark adding 1.5 percent... READ MORE›
Australia's S P ASX 200 Index gained 0.5 percent and South Korea's Kospi index rose 0.1 percent... READ MORE›
The BIS said this raises a question over the potential for another crisis if there is a significant rise in interest rates... READ MORE›
Inflation and ineffective monetary policy have also spurred Venezuelan residents to the black market to exchange currency, NPR reported in 2014... READ MORE›
China's central bank took a number of steps to shore up its weakening economy... READ MORE›
Vote to leave the European Union, the central bank says it, too, has the potential to hurt the Canadian economy... READ MORE›
Japanese finance minister Taro Aso said late on Friday he had urged China to carry out currency reform and map out a mid-term structural reform plan with a timeframe... READ MORE›
They also expect Fed officials to trim their estimate for the long-run rate of unemployment to a median 4.5 percent from 4.6 percent... READ MORE›
Mr Gor attributes the global low inflation problem to the fall in commodity prices and excess capacity in Asia... READ MORE›
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