EU 'stagnation trap' vexes French, German economists

Nov 28, 2014

EU 'stagnation trap' vexes French, German economists

Warning that Europe risks a “stagnation trap,” leading French and German economists have proposed reforms and investments to revive growth in the eurozone’s two biggest economies, but Berlin swiftly dismissed a key proposal to boost its public investment. Henrik Enderlein, of Germany’s Hertie School ...

Nov 13, 2014

Falling oil costs limit rise in October wholesale prices

Wholesale prices rose 2.9 percent in October from a year earlier for the 19th straight month of increase, but the pace of growth slowed amid recent falls in crude oil prices, the Bank of Japan said Thursday. The index of corporate goods prices stood ...

Amid currency gyrations, Russia floats ruble

Nov 11, 2014

Amid currency gyrations, Russia floats ruble

After a head-spinning drop in the Russian ruble this year that has raised echoes of the brutal market crises of the 1990s, the national central bank on Monday decided to freely float the currency and shield it more from speculators. The move, which aims ...

ECB opens door wider to more economic stimulus

Nov 7, 2014

ECB opens door wider to more economic stimulus

European Central Bank head Mario Draghi opened the door wider for further stimulus on Thursday, saying the bank is laying the technical groundwork for new measures that it could deploy if needed. Stocks rallied and the euro slumped on the news. The ECB did ...

Oct 31, 2014

Tepid data may spur Abe into further stimulus as economy sputters

Economic data released Friday signaled that the economy is still in the doldrums following the first stage of the doubling of the consumption tax on April 1, raising doubts about whether the Abe administration can complete the hike to 10 percent as planned. Expectations ...

Oct 31, 2014

The strengthening U.S. growth reflects help from Fed

The U.S. economy powered its way to a solid annual growth rate of 3.5 percent from July through September, outpacing most of the developed world and appearing on track to extend its momentum through this year and beyond. The result is not a fluke. ...

Oct 15, 2014

Ailing global economy could lead Fed to delay rate hike

Just as the U.S. job market has finally strengthened, the Federal Reserve now confronts a new worry: A sputtering global economy that’s spooked investors across the world. The economic slump could spill into the United States, potentially weakening job growth and keeping inflation well ...

Oct 14, 2014

Wholesale price rise slowed in September

Wholesale prices were up 3.5 percent in September from a year earlier for the 18th straight month of increase, but the pace of gain continued to slow amid falling crude oil prices and the diminishing effects of the weaker yen, which has pushed up ...