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Bank of England Lowers The Growth Forecast As Brexit Uncertainty Makes More Damage
Thursday, February 7, 2019 - 12:10pm | 476Read More...The MPC voted unanimously to maintain Bank rate at 0.75%. The Committee also voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion. UK economic growth slowed in late 2018 and appears to have weakened...
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European Central Bank Slashes Growth Forecast, Says Financial Conditions Easing
Thursday, August 8, 2013 - 10:26am | 555Read More...The European Central Bank cut its growth forecast for the currency zone early Thursday as the economic bloc struggles to escape a recession that has gripped the continent for six quarters. The ECB also noted in its Monthly Report that countries still have work to do to reign in budgets and cut...
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South Korea Lowers 2012 Growth Forecast, Raises Spending
Thursday, June 28, 2012 - 5:44am | 33Read More...South Korea lowered 2012 economic growth forecast and announced its plans to raise public spending by more than $7 billion. The ministry cut this year's consumer price inflation forecast to 2.8%, versus its earlier forecast of 3.2%.
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Australian Bank Lowers Growth Forecast
Tuesday, April 10, 2012 - 5:08am | 73Read More...The National Australia Bank (OTC: NABZY) lowered its growth forecast for the economy. The National Australia Bank expects growth of 3% in 2012, versus its previous forecast of 3.25% growth. The business confidence index climbed to +3 points in March, versus +1 point in February. However, its...
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Brazil's Central Bank Lowers 2011 Economic Growth Forecast
Thursday, December 22, 2011 - 7:07am | 21Read More...Brazil's central bank cut its economic growth outlook for 2011. Brazil's central bank reduced growth outlook to 3.0%, versus its earlier forecast of 3.5%.
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Morgan Stanley Lowers 2011 Global Growth Forecast
Thursday, August 18, 2011 - 7:03am | 296Read More...Citing political bickering over sovereign debt and renewed concerns over a possible recession, Morgan Stanley (NYSE: MS) cut its global growth forecast Thursday. Morgan Stanley lowered its global growth targets for both 2011 and 2012, as uncertainty clouded growth prospects. The 2011 growth...
