Economy

ECB will keep interest rates low into next year

The European Central Bank is stressing that interest rates will stay low well into next year even as the U.S. Federal Reserve is expected to keep raising rates in coming months. The central bank for the 19 countries that use the euro left its key rates and monetary stimulus settings unchanged at a meeting Thursday […]

By David Mchugh, The Associated Press |July 26, 2018

3 min read

Economic Indicators

What’s behind consumption trends in China

Hong Kong also had a positive outlook, though interest rate developments are worth watching

By Katie Keir |July 25, 2018

4 min read

Economic Indicators

Republicans aim to make individual tax cuts permanent

House Republicans have launched an effort to expand the massive tax law they muscled through Congress last year, aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. The pre-midterm elections push, which clicked into gear Tuesday, is portrayed as championing the middle class and small businesses. […]

By Marcy Gordon, The Associated Press |July 24, 2018

3 min read