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Xi urges US deal, Lagarde speaks after ECB mins, UK elex...

Chinese President Xi Jinping said on Friday that he wanted to work out a preliminary trade deal with the United States but would be...

A Decade After the Global Recession

The Washington-based World Bank, which has 188 members, recently released its "A Decade After the Global Recession" book. Noting the global economic vulnerabilities, the...

Fed jettisons -0 rate prospects, Sino-US talks in peril, UK cons...

The US Federal Reserve showed no appetite for employing in the future the controversial negative rates as a policy tool, minutes from the central...

ECB Financial Stability Report

Financial stability report is published twice a year by ECB in order to draw attention to the potential risks in Euro area. We note...

PBOC rate cut, Japan exports plummet, Trump doubles down on tariffs:...

The People’s Bank of China (PBOC), in line with expectations, slashed its lending benchmark rate by another 5 basis points on Wednesday. Shoring up against...

PBOC Cuts its Interest Rate

Last Monday, the People’s Bank of China (PBOC) decreased 7-day reverse repurchase to 2.50 percent from 2.55 percent. This was the first time since...