Latest Economic stimulus News

More eurozone stimulus expected after inflation revised down

Aug. 19, 2019 12:08 PM EDT

LONDON (AP) — Inflation across the 19-country eurozone was revised down for July, official figures showed Monday, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month. Eurostat said consumer prices across the eurozone were up 1%...

Manufacturing woes weigh on eurozone economy

Aug. 5, 2019 5:47 AM EDT

LONDON (AP) — A sharp downturn in Germany's manufacturing sector is weighing heavily on the 19-country eurozone economy, which is close to seeing a drop in overall activity, a survey showed Monday. In its monthly overview of the manufacturing and services sectors, financial data firm IHS Markit said its...

Hungary's Orban critical of EU leaders on migration, economy

Jul. 27, 2019 9:10 AM EDT

BUDAPEST, Hungary (AP) — Hungary's prime minister said Saturday that the European Union has made "grave mistakes" in the past five years regarding immigration and the economy. The European Commission needs to allow a council of EU interior ministers to decide migration issues, comparing their role to the...

European Central Bank joins Fed in paving way for stimulus

Jul. 25, 2019 1:16 PM EDT

FRANKFURT, Germany (AP) — The European Central Bank joined the U.S Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions. The ECB's rate-setting board left its key interest benchmarks unchanged at a policy meeting...

World stocks rise as ECB signals more stimulus coming

Jul. 25, 2019 8:27 AM EDT

BANGKOK (AP) — World stocks turned higher Tuesday after the European Central Bank signaled it could cut interest rates or provide other forms of monetary stimulus to help the economy. The ECB, which sets interest rates for the 19 countries that use the euro, hinted it could cut rates in coming months and...

European Central Bank could act before Fed to add stimulus

Jul. 22, 2019 11:06 AM EDT

FRANKFURT, Germany (AP) — The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe rev up stimulus to support the world economy through a period of heightened uncertainty from trade wars and Brexit. The ECB, which sets...

US retail sales rise a solid 0.4%, suggesting healthy consumer spending will boost economy

Jul. 16, 2019 8:31 AM EDT
WASHINGTON (AP) — US retail sales rise a solid 0.4%, suggesting healthy consumer spending will boost economy.

Asian shares mixed as China reports economy slowed in 2Q

Jul. 15, 2019 3:18 AM EDT

BANGKOK (AP) — Shares were mixed in Asia on Monday, with gains in Chinese markets on hopes for fresh stimulus measures after the government reported that the economy grew at the slowest pace in a decade in the last quarter. Analysts said the 6.2% annual rate of growth reported for April-June suggests the...

Australian Senate passes $110 billion tax cuts over decade

Jul. 4, 2019 8:16 AM EDT

CANBERRA, Australia (AP) — Australia's Parliament on Thursday delivered the reelected government's promise to provide 158 billion Australian dollars ($110 billion) in personal income tax cuts over a decade to boost a flagging economy. Prime Minister Scott Morrison said his conservative coalition's election...

Asian shares climb after US benchmarks hit record highs

Jul. 3, 2019 10:58 PM EDT

TOKYO (AP) — Shares opened higher in Asia on Thursday, tracking the ascent by major U.S. indexes to record highs. The rally follows a slight easing of trade tensions between the U.S. and China after they agreed to refrain from new tariffs pending a new round of negotiations. That has relieved some pressure...