Monthly archive May, 2020

Thailand's central bank cut its key interest rate by a quarter-point to a record low on Wednesday, as the economy is set to contract more than expected due to weaker domestic demand and tourism amid the coronavirus pandemic. The Monetary Read More →

turned negative for the first time since mid-2016 as the coronavirus lockdown has weighed on global oil prices, data from the Office for National Statistics showed Wednesday. Consumer price inflation eased to 0.8 percent in April from 1.5 percent in Read More →

Bank of England Governor Andrew Bailey said the UK central bank is currently reviewing all its tools and it would be foolish to rule out any one of them, including negative interest rates.Original Article Read More →

In addition to the severely adverse near-term effects of the coronavirus pandemic, the minutes of the Federal Reserve's latest monetary policy meeting noted the outbreak and the measures undertaken to contain it have also created an extraordinary amount of uncertainty Read More →

Core machine orders in Japan slid a seasonally adjusted 0.4 percent on month in March, the Cabinet Office said on Wednesday - standing at 854.7 billion yen.Original Article Read More →

While the Labor Department released a report on Thursday showing a continued decline in first-time claims for U.S. unemployment benefits in the week ended May 9th, the number of new claims still came in well above economist estimates.Original Article Read More →