Tag: Finance
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No automatic expansion of bond buying program-Kazimir
ECB policymaker Peter Kazimir told Bloomberg that the ECB will not automatically expand its Asset Purchase Program. This is when its 1.85 trillion-euro pandemic...
Irish finance minister should take global tax deal-US treasury’s Yellen
U.S. Treasury Secretary Janet Yellen urged Paschal Donohoe, the finance minister of low-tax Ireland, to take a once in a generation opportunity for a global deal....
Credit card loans shrinking by buy now, pay later plans
The credit reporting company TransUnion said that the borrowers who apply for “buy now, pay later” or other point-of-sale financing tend not to pay...
Britain’s financial watchdog vigilant ahead of COVID
The Financial Conduct Authority said that regulators will monitor how Britain’s furlough scheme ends for signs of distress among consumers. It also said it...
Private meeting inflation target met by 2025
In a private meeting, European Central Bank (ECB) chief economist Philip Lane revealed that with German economists, the ECB expects to hit its 2% inflation goal...