The global economy is more deeply indebted than before the financial crisis and countries need to take immediate action to improve their finances before the next downturn, the International Monetary Fund has said.
UK inflation unexpectedly fell last month to its lowest level in a year, casting doubt over whether the Bank of England will raise interest rates next month.
NEW YORK (Reuters) - Some community banks have ramped up investments that could pose risks as interest rates rise, so they should evaluate their portfolios now that U.S. policy is tightening, Federal Reserve Bank of New York President William Dudley said on Wednesday.
Investing.com - The annual rate of change in Britain's consumer price index fell to 2.5% last month, the Office for National Statistics said on Wednesday.
Next trading day's important events
- USDJPY: 107.25
- EURUSD: 1.2381
- S&P 500: 2716.86
- NASDAQ: 7310.29