The central bank of central banks advises calm about deflation
The central bank for central banks has some advice for policymakers fretting about deflation: Don't.
The central bank for central banks has some advice for policymakers fretting about deflation: Don't.
Anti-austerity protesters seeking to spoil the inauguration of the ECB's new HQ in Frankfurt left a trail of destruction across the city.
New Zealand's economy grew 0.8 per cent in the last three months of 2014, led by retail and accommodation, Statistics New Zealand said today.
The NZ dollar extended its gains overnight after the Reserve Bank's better-than-expected outlook for the local economy.
Assistant professor of finance, Noah Smith, says that dynamic scoring is the new 'voodoo economics'.
The monetary policy shadow board's advice to Reserve Bank governor Graeme Wheeler is unchanged from six weeks ago - keep the official cash rate on hold at 3.5 per cent, with a cut the next best....