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ECB could ramp up bond purchase programme if necessary: Draghi ECB could ramp up bond purchase programme if necessary: Draghi The European Central Bank could ramp up its contested bond purchase programme, extending it beyond September 2016 if needed, ECB president Mario Draghi said on Thursday.
ECB cuts growth, inflation forecasts for 2015-2017 ECB cuts growth, inflation forecasts for 2015-2017 The European Central Bank on Thursday cut its forecasts for both economic growth and inflation in the single currency area over the next few years.
US economy continues to expand: Fed survey US economy continues to expand: Fed survey The US economic activities continued to expand across most surveyed regions and sectors during the period from July to mid-August, according to a survey by the Federal Reserve.
US trade gap narrows in July US trade gap narrows in July The US trade deficit narrowed in July as exports increased and imports fell sharply, led by a decline in consumer goods, the Commerce Department reported Thursday.
Swiss banks moving 'full speed' on automatic tax info exchange Swiss banks moving 'full speed' on automatic tax info exchange Swiss banks are working at "full speed" to implement the automatic tax information exchange regime that will help India's efforts to crackdown on illegal wealth stashed by its citizens in Switzerland.
ECB seen cutting inflation outlook, hinting at more policy action ECB seen cutting inflation outlook, hinting at more policy action The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying programme if growth and inflation prospects weaken further.
ECB holds rate steady as focus on inflation, China ECB holds rate steady as focus on inflation, China The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.
Oil dips in Asia after mixed US report Oil dips in Asia after mixed US report US benchmark West Texas Intermediate for October delivery fell 45 cents to USD 45.80 while Brent crude for October slipped 38 cents to USD 50.12 in late-morning trade.
Now, McDonald's to offer all-day breakfast Now, McDonald's to offer all-day breakfast The company's US franchisees have voted to begin the service which will start from October 6.
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