Search Results for: economy
Euro area employment rising faster than hoped
September 22nd, 2016
Employment in the euro zone is rising faster than expected and this may continue, but at a cost to productivity and potentially to long-term economic growth, European Central Bank research shows. Employment in proportion to GDP growth is now ...
Asian Stocks Rally With Won, Bonds After Fed as Crude Oil Gains
September 22nd, 2016
Kiwi weakens as central bank flags more easing; won jumps Iron ore, coking coal and steel prices surge in China Asian stocks rallied With European equity index futures and bonds after central banks including the Federal Reserve indicated monetary policies ...
The Reserve Bank of New Zealand left the Official Cash Rate unchanged at 2.0 percent
September 22nd, 2016
The Reserve Bank of New Zealand has issues a press release to inform that the Bank decided to left the Official Cash Rate unchanged at 2.0 percent. Global growth is below trend despite being supported by unprecedented levels of ...
Fed expected to keep rates unchanged, may signal year-end hike
September 21st, 2016
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a hike by the end of the year. The U.S. central ...
Fun with Fake Statistics: The 5% “Increase” in Median Household Income Is Pure Illusion
September 20th, 2016
The truth is the rich are getting richer and everyone else is losing ground as inflation chews through stagnant incomes. Supporters of the status quo nearly wet their pants with joy when the Census Bureau reported that real (adjusted ...
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
September 20th, 2016
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China. Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world ...
Industry Experts take to stage for Fintech EUROPE London 2016
September 20th, 2016
Managers of Wealth (MoW) event FinTech EUROPE 2016 is to be held in central London on 27 October, 2016. The speakers represent many industry leading organisations and have extensive experience which contributes to their interesting, stimulating and insightful topics ...
Bank of England to develop the next generation of Real-Time Gross Settlement (RTGS) for payments
September 19th, 2016
The Bank of England is consulting on the next generation of its Real-Time Gross Settlement (RTGS) service. RTGS is not a household name. But it lies at the heart of safeguarding the Bank’s mission for monetary and financial stability, ...
Swiss National Bank leaves expansionary monetary policy unchanged
September 15th, 2016
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. At ...
Bank of England holds Bank Rate at 0.25%
September 15th, 2016
Bank of England has issued a press release to inform that the Monetary Policy Committee holds Bank Rate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at up to £10bn. The Bank of England’s Monetary ...
