Net exports are set to have detracted 0.7 percentage points from gross domestic product growth in the March quarter.

Net exports to cut into GDP

A fall in the volume of exports in the first quarter, despite a surge in global commodity prices, looks to have imposed the biggest drag on the economy in seven quarters.

At the last policy meeting on April 27, Draghi said that risks to growth were "moving toward a more balanced ...

Draghi won't rush policy change

The European Central Bank has convinced economists that it'll take policy normalisation as gradually as it can.

Over the weekend, policy hawk Patrick Harker, president of the Fed bank in Philadelphia, affirmed his bullish view for ...

Doubts grow over US rate hike path

Slowing US jobs growth is unlikely to prevent the Fed from lifting rates this month but will keep markets guessing on future tightening.

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