Strong British manufacturing growth forecast by EEF
The manufacturers’ organization EEF has predicted strong British manufacturing growth for 2014, up to 3.6% according to its latest quarterly survey, well ahead of...
Japanese GDP growth strong during first quarter
Japanese GDP growth was revised upward to 1.6% from 1.5% for the first quarter of 2014, which translates into 6.7% per year instead of...
Consumer credit surged in April, US
Consumer credit surged in April in the United States to $3.18 trillion, an increase of $26.85 billion or 10.2% (annual rate), following a revised...
German economic outlook 2014 to 2016
Bundesbank economists are still optimistic about the German economic outlook for the next three years, even if Q2 growth has not been as buoyant...
Solid growth ahead, American Bankers Association
There is solid growth ahead, the American Bankers Association (ABA) predicts. The American economy started growing again in Q2 2014 after a particularly sluggish...
Pope fires Vatican financial watchdog
The Pope has fired all five members of the Vatican financial watchdog whose terms were to expire in 2016 in a move to reform...
UK receives risky mortgages warning from IMF
Although there are few credit-led bubble signs, the UK has received a risky mortgages warning from the International Monetary Fund (IMF) in its “United...
April HICP inflation increased in 13 of 16 advanced economies
April HICP inflation increased in 13 of the 16 advanced economies, according to The Conference Board. HICP stands for the Harmonized Index of Consumer...
Bank of England benchmark rate remains unchanged at 0.5%
The Bank of England benchmark rate remains unchanged after the Monetary Policy Committee voted to keep it at 0.5%. The Committee also voted to...
ECB reduced interest rates amid deflation threat
The ECB reduced interest rates today in response to a looming deflation threat in the Eurozone. ECB (European Central Bank) President, Mario Draghi, announced...