The ECB needs a rethink of its policy approach
Experience suggests that abundant and cheap money is not a harbinger of price or financial stability, much less of sustained economic growth. The European Central Bank should bear that in mind as it ...
Europe must be prepared for shifting US trade policy, Lagarde warns
ECB President Christine Lagarde urged Europe to prepare for potential US trade policy shifts, warning of selective tariffs ...
European markets gain despite Trump's signals on tariffs
US President Donald Trump delivered tariff threats to China, and the European Union, while pressurising Russia with more ...
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a ...
Trump promises Davos oligarchs lowest corporate tax rate “of any nation on Earth”
The US President appeared Thursday at a virtual panel at the World Economic Forum, the annual global meeting of bankers and oligarchs, in which he coupled threats of trade war with promises to slash ...