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We're prepared for US rate hike, so don't delay: World to Fed We're prepared for US rate hike, so don't delay: World to Fed Central bankers from around the world are telling their American counterparts that they are ready for a US interest rate hike and would prefer that the Federal Reserve make the move without further ado.
Japan factory output turns down in July as China demand slumps Japan factory output turns down in July as China demand slumps Household spending also fell 0.2 percent in July after declining 2.0 percent in the previous month, the ministry said.
Japan factory output down 0.6% month-on-month in July: Govt Japan factory output down 0.6% month-on-month in July: Govt Japan`s factory output fell 0.6 percent month-on-month in July, worse than market expectations, official data showed on Monday.
'Largest ever' Med gas field found off Egypt: ENI 'Largest ever' Med gas field found off Egypt: ENI Italian energy giant ENI Sunday announced the discovery of the "largest ever" offshore natural gas field in the Mediterranean inside Egypt's territorial waters.
Greek leftists say they would apply bailout but fight to ease pain Greek leftists say they would apply bailout but fight to ease pain The leftist Syriza party of former Prime Minister Alexis Tsipras will challenge Greece`s creditors on unresolved aspects of the nation`s bailout but implement unpopular reforms it has already agreed, it said on Sunday.
Global Economy Weekahead: China fears linger as focus on Fed sharpens Global Economy Weekahead: China fears linger as focus on Fed sharpens Fears over the health of the Chinese economy kept world markets on edge last week and China country will remain in focus, along with the question of whether the Federal Reserve will raise interest rates next month.
China fears linger as focus on Fed sharpens China fears linger as focus on Fed sharpens "China, the epicentre of the week`s moves, is set to remain in focus over the next week as markets attempt to assess whether the worst of the sell-off has been seen," said Philip Shaw, chief economist at Investec.
Fed's Fischer sees inflation rebound, allowing gradual rate hikes Fed's Fischer sees inflation rebound, allowing gradual rate hikes US inflation will likely rebound as pressure from the dollar fades, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday in a speech careful not to overreact to a possible Chinese slowdown.
The Fed won`t wait for 2% inflation to raise rates: Fischer The Fed won`t wait for 2% inflation to raise rates: Fischer Federal Reserve Vice Chairman Stanley Fischer warned Saturday that the US central bank will not wait for inflation to hit two percent before raising interest rates.
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