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Monthly archive February, 2020

Turkish Central Bank Cuts Rates Again

Turkey's central bank cut interest rates for a sixth policy session in a row, citing continued economic recovery and the need to sustain a disinflation path.Original Article Read More →

IMF Says Coronavirus Poses New Threat To Fragile Global Economic Recovery

Global economy is set for a fragile and shallow recovery and the coronavirus outbreak in China is posing a new threat to the outlook, the International Monetary Fund said Wednesday.Original Article Read More →

Fed Minutes Signal Interest Rates To Remain Unchanged For Some Time

Leaving interest rates at their current levels is likely to remain appropriate for some time, according to the assessments offered by Federal Reserve officials in the minutes of the central bank's latest monetary policy meeting.Original Article Read More →

Dollar Gains Against Rivals On Safe-haven Appeal

The U.S. dollar firmed up against major currencies on Tuesday amid rising worries about the coronavirus outbreak and its impact on the global economy.Original Article Read More →

U.S. Jobless Claims Inch Up Less Than Expected To 205,000

First-time claims for U.S. unemployment benefits inched up by less than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 205,000, an Read More →

U.S. Consumer Prices Tick Up Amid Higher Costs For Food And Shelter

With higher prices for food and shelter offsetting a steep drop in gasoline prices, the Labor Department released a report on Thursday showing a modest increase in U.S. consumer prices in the month of January. The Labor Department said its Read More →