The speculation was triggered by a survey into manufacturing activity among the 17 European Union countries that use the euro. The PMI survey from Markit fell another 0.3 points in April to 46.5 -.
The PBOC’s decision to cut its benchmark lending rate by a quarter percentage point on Saturday came a day before an official Chinese factory gauge signaled contraction. slid 1.6 percent in New.
NEW YORK, May 5 (Reuters) – The Institute for Supply Management, a widely followed industry group, has sharply downgraded its 2009 projections for economic activity and investment in both.
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Lead crystal glassware was formerly used to store and serve drinks, but due to the potential health risks of lead, this has become rare. One alternative material is crystal glass, in which barium oxide, zinc oxide, or potassium oxide are employed instead of lead oxide.
The dovish trend is picking up steam as central banks in New Zealand, Thailand, and India all announce larger-than-expected cuts to their benchmark interest rates. New Zealand delivered double the expected reduction at 50 basis points, sending the NZ dollar plummeting.
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The Federal Reserve’s recent interest rate cut means lower costs for automakers, dealers and consumers — but it’s a sign the economy is slowing. Federal Reserve’s interest rate cut is good and.
Industrial production was up 0.4% in June, the Federal reserve reported friday. The increase followed a revised 0.1% gain in May, first reported as unchanged. Capacity utilization grew to 76.6% in.
Most economists don’t expect the European Central Bank to cut rates or otherwise provide additional monetary stimulus when policy makers meet Thursday, but Draghi is expected to lay out the case.
The economy is slowing down despite the promise that the Trump-Radical Republican tax cut would spur massive new investment. of an economic expansion that is running out of fuel to keep going.
The capital base tax rate will be gradually phased to zero percent by 2021, with "qualified New York manufacturers" paying a lower rate than other taxpayers during the phase out period. The cap for manufacturers stays at $350,000 (and increases to $5 million-up from $1 million-for other taxpayers).
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