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Megan Green, a member of the Monetary Policy Committee of the Bank of England (BoE), said that the recent increase in inflation in the UK is likely to be sustainable, rather than a temporary phenomenon. Therefore, according to her, it is necessary to act more cautiously when considering lowering interest rates.Green noted that the short horizon of inflation now looks more like a plateau than a short jump, and that it will take time to ensure a steady downward trend in prices. Given the long peri... اقرأ أكثر
The economy of India is projected to fell nearly three-year low for the last three months of the... اقرأ أكثر
The greenback declined versus other major currencies on Thursday because of the absence of... اقرأ أكثر
Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this... اقرأ أكثر
Business investments in Australia dropped for the fourth straight quarter as miners lessened while... اقرأ أكثر
A couple of years later the negative growth in the economy of Venezuela continues which brought... اقرأ أكثر
Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... اقرأ أكثر
The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... اقرأ أكثر
Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... اقرأ أكثر
Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... اقرأ أكثر
Policymakers in the UK are pressuring UK PM Theresa May to increase transparency with regards to... اقرأ أكثر
Crude oil prices stayed in the holding pattern as it awaits for a much clearer data regarding the... اقرأ أكثر
Emergings markets are attracting more investors to invest in infrastructures hoping for higher... اقرأ أكثر
Greek people have withdrawn money from their accounts which exceed to £2billion as they fear the ... اقرأ أكثر
European stocks finally ended its rallying streak and dropped significantly for the first time in... اقرأ أكثر
Thailand’s economy recorded its slowest growth rate in over a year during the previous quarter as t... اقرأ أكثر
Based on the Family Spending Survey led by the Office for National Statistics (ONS), the households... اقرأ أكثر
Singapore’s economy advanced at a quicker rate in the past three months of 2016 which is more than e... اقرأ أكثر
The Bank of England re-evaluated its proposal to revise the lending rate benchmark for interbank... اقرأ أكثر
Kazakhstan intends to provide 2.1 trillion-tenge ($6.5 billion) worth of government budget in... اقرأ أكثر
The US dollar was able to reverse its losses and reach its highest value for this month as Fed... اقرأ أكثر
The central bank of Japan intends to end its massive stimulus program by slowing asset purchases... اقرأ أكثر
The economy of Italy gained 0.2 percent growth during Q4 in 2016, this result was relatively lower... اقرأ أكثر
The USD lost its strength against other major currencies prior to the testimony of Fed chair Janet... اقرأ أكثر
The European Commission (EC) projected that the British economy will have a large decline for the... اقرأ أكثر
Japanese stocks dropped and shifted the market’s focus from a global rally after US benchmarks r... اقرأ أكثر
Producer price inflation in China has reached figures higher than expected bringing the price close... اقرأ أكثر
The European Central has been accused of altering the Euro exchange rate and this is being negated... اقرأ أكثر
Asian stocks rallied across the globe as investors anticipated the release of data which will... اقرأ أكثر
The newly-elected president of Germany is Frank-Walter Steinmeier, he’s known to be the country’s fo... اقرأ أكثر
The Reserve Bank of India will maintain its interest rates until the second half in 2018 after it... اقرأ أكثر
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We apologize in advance if the site becomes temporarily unavailable.
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