The world's third largest economy should implement a planned sales tax hike without any compromises even as a group of economists and experts are not univocal on their decision.
During the speech in Nottingham at an event hosted by the UK's leading industry and business associations, the Bank of England Governor Mark Carney reassured market participants that borrowing costs will not be increased any time soon.
Signed contracts to purchase existing home in the United States faltered last month, as homebuyers are facing higher interest rates and rising property prices.
Confidence among German consumers unexpectedly eased heading to September, albeit still remaining close to the highest level in almost six years, as shoppers are getting more cautious about creeping inflation.
Swiss manufacturers continue suffering this year, as sales of machinery and electrical products recorded a sharp fall, due to sluggish demand from the neighbouring Eurozone and slowing down Asian economies, an industry lobby group reported on Tuesday.
Land prices in almost two-thirds of Japanese major urban areas soared in the second quarter, boosted by rising real estate investment appetite and stronger demand for residential properties, as investors are getting more confident about Japan's economic outlook.
Britain's key service sector expanded at its fastest pace since before the financial crash of 2008, a new quarterly report showed.
A bunch of upbeat economic data from the world's largest economy was published on Tuesday, supporting the case of September's tapering. Consumer morale rose more than expected in August, amid expectations of a strong growth figures and hopes the economy will continue gaining steam.
The business climate in Europe's powerhouse, Germany, rose more than expected this month, underlying improving growth prospects for the struggling 17-nation economy.
New Zealand posted its biggest trade deficit in 10 months in July, due to a jump in costs of import, while exports dropped, Statistics New Zealand showed in a monthly report.
A measure of change in the price of services purchased by Japanese corporations, showed a steady pace last month, albeit it was unchanged from the previous month, the Bank of Japans said Monday.
During a speech in Nottingham on Wednesday the Bank of England Governor Mark Carney is expected to reaffirm his commitment to keep borrowing costs at record low until more than 750,000 new jobs are created. Meanwhile, that is not expected to happen earlier than 2016.
Demand for big-ticket U.S. goods sank the most since August 2012, raising concerns manufacturing will be slow to strengthen.
Confidence among Eurozone consumers is posed to climb to its highest level in 17 months in August, reinforcing a view that currency bloc's recovery is gaining steam, recovering from its record-long recession.
Canada's annual inflation rate surged for the third consecutive month in July to 1.3% after hitting 1.2% in June, while still lagging the 1.4% expected by economists.
In the heated debate over whether Japanese authorities should increase sales tax as the economy is gathering steam, everyone agrees on one thing- a jump in taxes would add more pressure on the Bank of Japan, which is already in the midst of its unprecedented monetary expansion.
The pace of growth of Britain's economy in the second quarter has been upwardly revised on Friday, as activity at construction and manufacturing sectors as well as strong trade figures provided a boost to domestic economy.
An annual symposium at Jackson Hole was ended in Saturday, with Federal Reserve officials standing on track to start scaling back one of the most massive economic stimulus programme, but remained indecisive about the timing of the move.
A sharp rebound in Europe's largest economy in the second quarter, boosted by a pickup in investment and robust consumption, is dispersing clouds from the struggling Eurozone.
Last week financial market were shaken by a series of important economic releases as well as announcements from the world's central banks.
Thursday's data is reinforcing a view it is not the easiest time to be a retailer in Canada, as retail sales across the country dropped by the most this year, due to flooding in Alberta and a construction strike in Quebec, which both disrupted spending, adding to sings the economy shrank during the last month.
Swiss trade surplus, a difference between imported and exported goods, fell more than expected last month, the latest report from the Federal Customs Administration unveiled Thursday.
A smooth and stable economic recovery is not yet assured, while the U.K. central bank has not ruled out additional stimulus measure, the BoE's top policymaker Martin Weale said Thursday.
A bunch of rather optimistic than negative data from the U.S. was published on Thursday, showing further improvement in housing market and manufacturing sector, while the labour market is still sending mixed signals.