Posted at 16:25h
in
News
by KMFSLLP
For a man credited with saving
the euro, Mario Draghi's final policy meeting at the helm of the
European Central Bank will be far from a lap of honour.
...
Posted at 16:20h
in
News
by KMFSLLP
U.S. Federal Reserve
officials on Friday left the door open to an interest rate cut
but gave no guarantees as they continued debating how the final
prop of U.S. economic growth, household consumption, is holding
up.
Posted at 16:10h
in
News
by KMFSLLP
German Finance Minister Olaf
Scholz on Friday redoubled his criticism of Facebook's plans to
launch its Libra cryptocurrency, and said creation of a new
world currency should be prevented.
...
Posted at 15:39h
in
News
by KMFSLLP
The European Central Bank
should cut its inflation target and must rethink its policy
approach as negative interest rates could endanger the bloc's
financial system, Austrian central bank Governor Robert Holzmann
said on Friday.
Posted at 15:32h
in
News
by KMFSLLP
* Curb on mining, informal sector limits dollars on the
street
...
Posted at 15:16h
in
News
by KMFSLLP
Shares in London's UK-oriented
businesses, such as housebuilders and retailers, could rocket to
record highs if parliament approves the government's Brexit
deal, investors say. They also predict the pound will rally
around 5%.
...
Posted at 15:14h
in
News
by KMFSLLP
Macron and Varadkar say they want to avoid another extension
...
Posted at 15:02h
in
News
by KMFSLLP
Dallas Federal Reserve bank
president Robert Kaplan said on Friday he is currently
"agnostic" about whether the Fed cuts rates at its upcoming
October meeting, arguing it may be wise to see more information
before adding a third rate reduction to the two the central bank
has already approved this...
Posted at 15:01h
in
News
by KMFSLLP
Minneapolis Fed President Neel Kashkari
on Friday signaled he continues to support further U.S. interest
rate cuts, saying that monetary policy should be "somewhat
accommodative", given the risks to the economic outlook.
...
Posted at 14:58h
in
News
by KMFSLLP
Credit card issuer American Express Co
reported a higher-than-expected quarterly profit that
highlighted the health of the U.S. consumer even as fears mount
that a manufacturing-led weakness could spread to the broader
economy.
...