Search Results for US monetary policy





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Europe scores a win in the Top 10 Prosperity Index, but not the euro

Six European nations have made their economic way into this year’s Top 10 Properity Index, a worldwide assessment of wealth and quality of life, although only two of them belong to the European Monetary Union. Out of 110 countries, Norway and Denmark lead the rankings, ahead of Germany (15) and France (18). The Legatum Prosperity Index provides the world’s only global assessment of national prosperity based on both private and public finance,…




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Barclays smells an ECB interest rate cut

Many in the euro zone would be happy seeing this Barclays forecast becoming true, not the least in its peripheral shores. “We have revised our ECB projection and look for the ECB to lower the main policy rate by 25bp at its meeting on 6 October, and to widen the interest rate ‘corridor’ back to +/-100bp, which would entail lowering the deposit facility rate by 50bp to 0.25%. In turn,…


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Facing up responsibilities

NEW YORK- After months of protracted negotiations over the national debt ceiling that brought the US to the brink of default and given the fact that the economy is weakening, Americans are running out of patience with political leaders, according to a Bloomberg National Poll released on Wednesday. 72 per cent say the country is on the wrong track. A majority says it will take at least six more years…