National Government Debt

Highlights: Bank of England rate setters speak in parliament

Highlights: Bank of England rate setters speak in parliament

Published 17/10/2017

Members of the Bank of England interest rate setting committee were speaking in parliament on Tuesday. They also supplied statements to the Treasury Committee. Below are some of their comments: [more…]

Bank of England`s Ramsden says in no hurry to raise interest rates

Bank of England`s Ramsden says in no hurry to raise interest rates

Published 17/10/2017

New Bank of England Deputy Governor Dave Ramsden said on Tuesday he was in no hurry to vote for an interest rate hike because he saw little sign of inflation pressure building in Britain's labor market. [more…]

Greek economy in recession in 2016: statistics agency

Greek economy in recession in 2016: statistics agency

Published 17/10/2017

Greece's economy contracted by 0.2 percent last year, the head of statistics service ELSTAT said on Tuesday, releasing its second estimate of full-year 2016 gross domestic product. [more…]

Global stocks stay buoyant as dollar, bond yields rise

Global stocks stay buoyant as dollar, bond yields rise

Published 17/10/2017

World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. [more…]

Exclusive: India likely to stick to deficit target, may step up bank reform – Modi adviser

Exclusive: India likely to stick to deficit target, may step up bank reform – Modi adviser

Published 17/10/2017

India is likely to stick to its fiscal deficit target of 3.2 percent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an effort to recapitalize banks, an adviser to the prime minister said on Tuesday. [more…]

ECB`s Constancio says time to take bubble-bursting `more seriously`

ECB`s Constancio says time to take bubble-bursting `more seriously`

Published 17/10/2017

It is time that authorities in Europe and the other rich parts of the world take the fight against financial bubbles "more seriously" or risk facing another financial crisis, the vice-president of the European Central Bank said on Tuesday. [more…]

Senate Republicans gain moment on tax reform budget measure

Senate Republicans gain moment on tax reform budget measure

Published 17/10/2017

U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform legislation into law before January. [more…]

ECB still believes in eventual inflation, wage rise: Draghi

ECB still believes in eventual inflation, wage rise: Draghi

Published 14/10/2017

Wages and inflation in the 19-country euro zone will eventually rise but more slowly than earlier thought, requiring continued patience from policymakers, European Central Bank President Mario Draghi said on Saturday. [more…]

Ivascyn`s Pimco Income fund surpasses $100 billion despite fee hike: sources

Ivascyn`s Pimco Income fund surpasses $100 billion despite fee hike: sources

Published 13/10/2017

The Pimco Income Fund (PIMIX), widely seen by investors and analysts as Pacific Investment Management’s new flagship fund, surpassed $100 billion in assets under management this week, even as fees were hiked on Oct. 2, two sources familiar with the matter said Friday. [more…]

Allies press Catalan leader to declare full independence, ignore Madrid deadlines

Allies press Catalan leader to declare full independence, ignore Madrid deadlines

Published 13/10/2017

Catalan leader Carles Puigdemont came under pressure from one of his key allies on Friday to declare full independence and ignore a threat of direct rule from the Spanish government. [more…]