economytest china monetary

China’s central bank head said on Tuesday that China is not going to follow other countries in significantly loosening monetary settings, adding that has ample options to help prop up slowing growth. People’s Bank of China governor Yi Gang is therefore maintaining its cautious approach to stimulating the economy. TheContinue Reading

economytest ron paul

Ron Paul is back with doom and gloom predictions on economy and stock market. The former Republican congressman from Texas is warning negative interest rates will crush the global economy, and the U.S. won’t be the exception. “We will join the rest of them and go to total negative ratesContinue Reading

economytest powell recession

Fed Chairman Jerome Powell pushed back against perceptions that the U.S. economy was tilting into a recession, while leaving the door open to further interest-rate cuts to keep the country’s record economic expansion on track. Speaking Friday in Zurich, Powell said consumer spending and support from monetary policy should helpContinue Reading