economic stimulus News

ECB Slashes Interest Rates by 25 Basis Points Amid Economic Slowdown

The European Central Bank (ECB) has cut interest rates by 25 basis points to stimulate the economy, with new rates effective from March 12. The ECB also revised its inflation and g...

RBI's Strategic Rate Cut: A Bold Move Towards Economic Stimulus and Stability

The Reserve Bank of India's decision to cut the repo rate by 25 basis points to 6.25% aims to stimulate consumer spending and ensure financial system liquidity, reflecting a calibr...

Indonesia Introduces 12% VAT on Luxury Items to Boost Economy, Exempts Essentials

Indonesia enforces a 12% VAT on luxury goods to stimulate economic growth, exempting essential items to minimize public impact. Relief measures and an economic stimulus package are...

BOK Governor Urges Swift Economic Stimulus to Combat Economic Downturn

BOK Governor Rhee Chang-yong calls for immediate economic stimulus through active fiscal policy to combat economic downturn caused by recent political turmoil. He warns of long-ter...

China's Trade Slowdown: Imports Shrink Amid Trump's Tariff Threats

China's exports grew at a slower pace in November, while imports unexpectedly shrank, signaling a worrying trend for the economy as Trump's tariff threats loom. The slowdown in exp...