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Economy
The IMF Is Casting Gloom On Asian Economic Growth
While it may seem Asian economies are doing well, the IMF has this week released pessimistic projections. The Fund is estimating that Asian economies are set for…
Housing Projects In USA Show a 12-Year Decline in September
Slowed economic growth in the USA is having more hard-hitting effects than anticipated. The housing sector becomes the latest to decline since the trade war.
Goldman against Japan’s Investment Rules in Stocks
The Japanese government intends to impose more stringent regulations on foreign investment in domestic equities. But Goldman Sachs has opposed the plan saying it’ll…
No slower pace than the Financial Crisis of 2008-09
Each new day, the world awakens to new information on the effect of the trade war the latest is a gloomy forecast from the IMF. The Fund predicts the slowest growth…
European Union and Thailand to Resume Free Trade Talks
The European Union intends to resume trade negotiations with Thailand on a free trade agreement (FTA). European Union council said in a statement after suspending…
Economies the World Over Are Stagnating; This is Why
Experts the world over are observing a synchronized stagnation period for many economies. But what exactly is affecting this, and is there a way out?
US CPI Weak, Labor Market Still Strong | FinanceBrokerage
Consumer price index (CPI) didn’t move much in September in the United States.
Fed to Expand Balance Sheet ‘Soon’ to Respond to Funding Issues
The Federal Reserve will soon start growing its balance sheet again, to respond to the overnight jolt in lending markets. He added that it shouldn't be confused with…
Producer Price Index In The United States Declines
In what is becoming an evident sign of the United States economy taking a toll from the trade war, the PPI declined in September. The decline is contributing to…
Trump’s Trade War Could Spark Recession – NABE Economists Warn
Trump's trade war with China is increasing the odds that the USA will go into recession, according to National Association for Business Economics (NABE).
The U.S Unemployment Rate of 3.5% Is A 50-Year Low
The US economy is showing positive numbers in an attempt to reach full employment status. A 3.5% unemployment rate is the lowest in 50 years and inches the country…
US Federal Reserve Open to Another Rate Cut | FinanceBrokerage
The US Federal Reserve bank is open to another rate cut, according to two Fed policymakers.
Swine Fever in China Slows Brazil’s Exports
Brazil’s soy exports to China have dropped and likely to shrink by 55% by the end of the year. The demand for soybeans in China is also less than half of last year’s…
Federal Reserve Bank Pressured to Cut Rates | FinanceBrokerage
The Federal Reserve Bank is now facing higher pressure to cut rates for the third time this year.
A Federal Reserve Member Is Open-minded about Rate Cuts
While policymakers at the Federal Reserve remain divided, several members are voicing their opinion on interest rates. Charles Evans is the latest member to suggest…
Currency Markets Move on Data Releases | FinanceBrokerage
The currency markets moved on various economic data releases in different countries.
U.S. Judge Upholds Trump’s Tax Cap on ‘SALT’ deductions
A U.S. judge on Monday upheld President Donald Trump’s decision to cap the famous tax break for filers in high-tax states as part of the 2017 tax overhaul.
A Federal Reserve Member Is Suggesting The Fed ‘Cools Down’
Mr. Harker is coming under heat for suggesting that the Fed should cool down on its recent rate cuts. In what experts are viewing as a rebel remark, the banker is…
Eurozone Economy Faces Weak Confidence | Finance Brokerage
Eurozone: Confidence in the eurozone industry has fallen to its lowest in six years.
New IMF Head Warns About Global Economy Slump
New IMF Head Warns About Global Economy Slump
IMF: Kristalina Georgieva, the incoming head of IMF said the global economy needs to be ready to cope with a fresh…