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4 Mar 20
Fears of the coronavirus outbreak hitting the economy have caused the US Federal Reserve to slash interest rates in the biggest single cut since the last financial crisis.
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22 May 18
The Zimbabwean government needs to regain the trust of the people to achieve its aim of creating a ‘cashless society’, an Overseas Development Institute research fellow has told PF International.
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9 Jun 17
The risk of deflation in the eurozone has “definitely disappeared”, president of the European Central Bank Mario Draghi announced yesterday.
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28 Apr 17
European Central Bank chief Mario Draghi has struck a more optimistic tone for the eurozone economy, but stressed governments need to do more to contribute to growth.
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6 Apr 17
Asia-Pacific now accounts for 60% of the world’s economic growth, more than any other region, the Asian Development Bank has highlighted.
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16 Mar 17
The US Federal Reserve raised interest rates for just the third time since 2008 yesterday, as the American economy remains in robust health and inflation ticks towards the bank’s target.
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15 Mar 17
Inflation in Nigeria fell for the first time since October 2015 last month, according to figures released yesterday by the country’s official statistics office.
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14 Mar 17
Poorer countries spent more on debt repayments in 2016 than at any time in the last decade, according to figures published by Jubilee Debt Campaign UK.
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10 Mar 17
European Central Bank president Mario Draghi said the euro is “irrevocable” while outlining a “more optimistic” outlook for the currency bloc yesterday.
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3 Mar 17
Eurozone inflation surpassed the bloc’s target rate for the first time since 2013 in February, according to preliminary data published yesterday by Eurostat.
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30 Jan 17
Japan’s consumer price inflation has fallen for the first time in four years, dealing another blow to government and central bank efforts to boost the deflating economy.
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20 Jan 17
The European Central Bank has kept its extraordinary monetary policy unchanged after its latest monetary policy meeting yesterday.
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1 Dec 16
The election of incoming US president Donald Trump looks set to hurt Africa’s access to finance for key projects at a time when economic growth is already slowing, the UK’s Overseas Development...
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9 Sep 16
The European Central Bank has held fire on extending its monetary policy stimulus measures to boost eurozone growth, even as the bank cut its growth forecasts for 2017 and 2018.
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19 Aug 16
The European Central Bank has hinted that it could take further measures to boost eurozone growth at its September meeting if the impact of the UK’s Brexit vote weighs on the bloc’s economy.
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3 Aug 16
Economic growth next year will be lower than expected, due largely to the UK’s decision to leave the European Union, according to the National Institute of Economic and Social Research.
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1 Aug 16
The president of the US Federal Reserve Bank of New York has called for caution before going ahead with another increase in interest rates in light of risks to the nation’s economy.
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22 Jul 16
The European Central Bank is holding out on a decision to take further measures to boost growth in the eurozone until the impact of the UK’s Brexit vote is clearer.
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18 May 16
Japan has narrowly dodged a recession with 0.4% growth in gross domestic product in the first quarter, according to preliminary data released by the country’s Cabinet Office.
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11 Mar 16
The European Central Bank has cut interests rates across the eurozone as it tries to bolster growth amid fresh fears of a renewed economic crash.