US Treasury Secretary Scott Bessant said that the Federal Reserve's policy is hindering economic growth by keeping interest rates at too high a level.His comment followed the publication of revised data from the Bureau of Labor Statistics (BLS), according to which job growth in 2024 was overestimated by almost 1 million. With an earlier adjustment of 577,000, the total discrepancy was about 1.5 million jobs.«These data show that the economy under Biden looked better on paper than in reality,» sa... Čítať viac
China’s services expanded at the slowest rate in the since January 2016 as the market cools down r... Čítať viac
The Italian bank, Monte dei Paschi intends to introduce a voluntary public offering to swap shares... Čítať viac
The trade deficit in Canada expanded last month as exports declined for three straight months,... Čítať viac
Policies for mortgage services have eased off their time requirements in communication which would... Čítať viac
The growth of East Asia and Pacific (EAP) countries are improving this year, partly because of the... Čítať viac
The services sector in Russia rose at the fastest rate in three months to September amid higher... Čítať viac
According to the statistics issued by the Organisation for Economic Co-operation and Development... Čítať viac
The consumer confidence in Australia declined last week due to the current and future finances... Čítať viac
Large factories in Asia has been more active in September along with the rise in global growth with... Čítať viac
The growth in the UK private sector had reduced marginally during the third quarter, as mentioned... Čítať viac
The American economy improved slightly faster versus its earlier estimate during the Q2, this is... Čítať viac
Japanese policymakers plan to expand the country’s monetary policies in the recent review in S... Čítať viac
Iraq disclosed that it will only deal with the Turkey government when it comes to crude oil... Čítať viac
Imports of Qatar rose in value as it bounced off abruptly during the month of August compared to... Čítať viac
On Wednesday, the World Economic Forum announced that Switzerland hailed the most competitive... Čítať viac
After the general election in New Zealand, the business confidence in the country has declined to... Čítať viac
State-own companies in China had an increase in profit gains by 21.7 for last month compared to the... Čítať viac
The oil market is under pressure because of a surge in U.S. dollar but kept their profits from the... Čítať viac
The manufacturing activity of Japan increased in September at its fastest pace within four months,... Čítať viac
The International Monetary Fund (IMF) stated yesterday that France should not waste time in... Čítať viac
The government is looking for ways to boost the economy and giving attention to certain sectors.... Čítať viac
The biggest crisis within the financial sector was recorded nearly a decade ago, while the Federal... Čítať viac
The seasonally adjusted Gross Domestic Product of the New Zealand increased by 0.8 percent in the... Čítať viac
The world economy has improved compared last year. Although, there are some geopolitical perils... Čítať viac
According to some readings, Australia’s economic growth may decline in 2018, while the Reserve Bank ... Čítať viac
The path to recovery of France is strong that the government could reduce spending without... Čítať viac
Large number of companies in Japan have optimistic views for the American economy based on Reuters... Čítať viac
According to the Bank of England officials, the UK economy is getting quite more bullish. The... Čítať viac
The bond market became stronger amid all the external shocks and rise in general levels of debt in... Čítať viac
The European Union aims to centralize the market and enforce banks to pay according to the chief of... Čítať viac
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