Pity the policy makers given the job of rescuing the eurozone from deflation. The unorthodox steps the European Central Bank has taken since June – including a programme of ... Read More
Mario Draghi is determined to tackle low inflation in the Eurozone, and has called upon governments to also play their part in the fight against possible deflation. The president ... Read More
The Australian dollar came under renewed pressure on Friday after a relatively stable week during which it settled into a new comfort zone between US86.50¢ and US88.50¢. Late in ... Read More
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing ... Read More
German industrial production contracted 4 per cent in August, the biggest decline in over five years and much worse than expected – fuelling fears that even the eurozone’s economic ... Read More
The world economy is threatened by a mediocre era of low growth for a long time, warned Christine Lagarde as she signalled cuts to the global outlook for 2015. ... Read More
The European Central Bank spent a long time being a noncombatant in the global currency wars. But it has decisively entered the fray as it seeks to boost its ... Read More
Switzerland’s economy unexpectedly flatlined in the second quarter as trade took a hit from stagnation in its main export market, Europe, and a dip in construction spending. The data, ... Read More
Two years ago, Shinzo Abe’s election as Japan’s prime minister led to the advent of “Abenomics,” a three-part plan to rescue the economy from a treadmill of stagnation and ... Read More
The European Central Bank has stepped up preparations for a fresh move to combat deflation by appointing BlackRock to advise on a possible bond-buying scheme. The advisory arm of ... Read More
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