James Bullard rejected the idea that the recession is inevitable
The markets must not expect inevitable recession, as the prospects for the US economy are stable, according to the 12th president of the Federal...
The Federal Reserve kept interest rates unchanged
The Federal Reserve (Fed) kept interest rates unchanged, but warned that an increase could be expected in September. Keeping the interest rates in the...
The US investments abroad increased by 7.6% in 2017
Donald Trump's tax reform in the United States aimed to return US money from abroad. In the same year, however, there was a sharp...
Deutsche Bank moves large part of its Euro-clearing from London to Frankfurt
Germany's largest lender, Deutsche Bank, moves large part of clearing of Euro-denominated derivatives from London to Frankfurt. The bank declined to say what part...
Chinese investors withdraw from the US property market
Chinese property investors, who are under pressure from the authorities in Beijing, withdraw from the US market and gave up from active acquisition of...
The US homes sales in the secondary market dropped by 0.6% in June
The US homes sales in the secondary market dropped by 0.6% in June for a third consecutive month, as higher prices and relatively low...
Venezuelan economic crisis can raise inflation to one million percent
The Venezuelan economic crisis can cause inflation of one million percent by the end of this year, according to the International Monetary Fund (IMF).
The...
Canada will respond to the US tax reforms with budget update
The Canadian government will try to address the competitiveness problems faced by the national business with a budget update in response to US tax...
Steven Mnuchin: Donald Trump does not try to influence currency markets
The US President Donald Trump does not try to influence currency markets, according to the United States Secretary of the Treasury Steven Mnuchin. He...
Donald Trump acutely criticized the monetary policy of Fed
In acute and historically unusual criticism, the US President Donald Trump expressed his dissatisfaction with the Federal Reserve and said the central bank could...
