China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by Chinese officials to limit the impact of the trade war with the United States. The central bank, the People’s Bank of China, cut … Read more
Britain has watched President Trump’s tariffs with a mix of shock, fascination and queasy recognition. The country, after all, embarked on a similar experiment in economic isolationism when it voted to leave the European Union in 2016. Nearly nine years after the Brexit referendum, it is still reckoning with the costs. The lessons of that … Read more
The president of Germany’s central bank, which on Tuesday reported an annual loss for the first time in more than 40 years, said that Germany faced another year of economic stagnation, more gloomy news for a country that is struggling to grow. “It is not possible to rule out a third year consecutive calendar year … Read more