Ireland must ‘get serious’ about defence and military security, says Taoiseach LATEST STORIES Business Today Get the latest business news and commentary from our expert business team in your inbox every weekday morning
Yet, the markets' interpretation was that the risks are high, he said. "The interpretation as you see at the stock markets today said that perhaps is something more malign, more fundamental and business started to worry about the fact that trade war is going to affect economies."...
(Reuters) -European stocks closed less than 1% away from record high levels on Thursday after the European Central Bank delivered a widely expected 25-basis-point rate cut, even though it refrained from offering new clues about its next move. The continent-wide STOXX 600 index e...
ByWolf RichterforWOLF STREET. In the 20 countries that now use the euro, the annual rate of inflation in services rose to 5.2% in April, another record in the data going back to 1997, according to the preliminary data released by Eurostat today...
heads of state and government, cabinet ministers, ambassadors, heads or senior officials of international organizations, chief executive officers and other leaders reflected on the forum's theme-setting Agenda on the "State of the World" and discussed the critical challenges facing the world today. ...
1) Stop communicating in the terms of interest rates. Announce a PERMANENT growth rate for the money base. Announce that the growth rate will be stepped up every month or quarter until inflation expectations are at 2% at all relevant time horizons – for example 2y2y swap inflation expectations...
The Federal Reserve, the European Central Bank, and the Bank of England have rate-hike meetings over the coming days. And markets have set out to fight all of them. Of the two big ones, the Fed will speak on Wednesday, February 1; the ECB on Thursday, February 2. And this ...
We read every piece of feedback, and take your input very seriously. Include my email address so I can be contacted Cancel Submit feedback Saved searches Use saved searches to filter your results more quickly Cancel Create saved search Sign in Sign up Reseting focus {...
THE European Central Bank today pumped a staggering [pounds sterling]250 billion intothe banking system, dwarfing the Bank of England's [pounds sterling]10 billion bailout. In a bid to bring back some confidence into the global credit markets, the twocentral banks flooded the financial markets...
At the same time, growth in labour costs has been moderating and profits have been buffering the impact on inflation. As the ECB has been pointing out today, the inflation outlook will be affected by recent downside surprises in indicators of economic activity. While headline inflation should tem...