Earlier this month, Paul Ryan, who is a chairman of the House Budget Committee, claimed that the enormous national debt is weighing on the economy, however, economic data on labour and housing markets do not support this claim.
Falling confidence among investors in Europe's largest economy reflects nation's vulnerability to the problems afflicting the bloc's southernmost nations.
Swiss trade surplus narrowed last month, however, less than initially was expected, the Federal Customs Office said on Thursday.
Haruhiko Kuroda stepped in as a new governor of the Bank of Japan on Thursday.
Britain's retail sales unexpectedly bounced back in February, after previous month's slump, when heavy snowfall held back consumers, the Office for National Statistics said Thursday.
Signs of recovery in the world's largest economy have been underlined with latest data, pointing at the improvement in labour and property markets.
Activity at manufacturing and services sectors in the Eurozone deteriorated further in March, as the downturn intensified.
After seven consecutive months of gains a gauge of economic expectations fell in March, indicating that Swiss investors and analysts are now less optimistic about the economic outlook.
The Bank of Japan Governor Masaaki Shirakawa formally resigned Tuesday, clearing a way for his successor, Haruhiko Kuroda.
The number of unemployed people in Britain increased for the first time in a year, while average earnings growth fell to the lowest in over three years, the Office for National Statistics said Wednesday.
The U.S. Federal Reserve is expected to start reducing its $85 billion in monthly bond buying not earlier than the last quarter of 2013.
The 17-nation bloc current account surplus narrowed in the first month of 2013, dragged down by deficit for current transfers, the European Central Bank said on Wednesday
Australian economy is responding to low interest rates and already starts showing signs of stabilisation, the Reserve Bank of Australia said Tuesday.
Haruhiko Kuroda, who will become next governor of the Bank of Japan, stepped down as the President of Asian Development Bank on Monday, after eight years of leading the Manila-based multilateral lending bank.
Consumer prices in Britain increased at the fastest pace in nine months in February, sharpening the debate on whether the Bank of England should add more stimulus to the stagnant economy, the Office for National Statistics said Tuesday.
Construction of new homes in the world's largest economy nudged up in February, while building permits rocketed to the highest level in almost five years, demonstrating progress in the housing market that's helping boost the economy.
Confidence among German investor unexpectedly surged to a three-year high in March, suggesting Europe's largest economy will return to growth this year.
Benefiting from signs of a global recovery and upbeat sentiment on global financial markets, Swiss economy is now expected to grow more than initially was expected.
A reappointment of Masayoshi Amamiya, a mastermind of quantitative easing, is adding to signs that the Bank of Japan will soon introduce a radical shift in its policy framework.
The average asking price for property in Britain soared to its highest level ever recorded for the month of March, as the market begins to see encouraging signs of activity, according to the Rightmove House Price Survey.
Sentiment among home builders in the world's largest economy slipped to the lowest level in five months, as supply chains concerns and rising costs weighed on enthusiasm.
The 17-nation bloc posted a trade deficit in the first month of 2013, the European Union's statistics office Eurostat said Monday.
Producer and imports prices in Switzerland improved in February, however, less than initially predicted, reflecting manufacturers' concerns about future economic performance of the country.
Japan's parliament has approved Shinzo Abe's all three nominations for the top three jobs at the BoJ, suggesting more aggressive easing is expected to be introduced soon.