Investors were cautious Tuesday, driven by speculation the Federal Reserve would raise rates sooner than expected.
A property market downturn and widespread factory overcapacity are compounded by an uncertain global outlook and soft commodity prices.
U.S. non-farm payrolls (NFP) data on Friday showed the unemployment rate hit a 6-1/2-year low of 5.5 percent in February.
The hawkish remarks from the normally centrist Williams do much to suggest the era of rock bottom interest rates is nearing an end.
The increase in expenditure comes at a time when China is faced with the prospect of deflation resulting from record-low economic growth.
The rate cut marks a vote of faith in the government, which on Saturday pledged to be fiscally responsible.
The PBOC made its move just days before China's national legislature meets to set the official economic growth target for 2015.
India's economic survey, presented annually by the finance ministry, predicts that India will be one of the fastest growing economies this year.
The Dow fell Thursday as the number of Americans filing new claims for unemployment benefits last week jumped by the most since December 2013.
Janet Yellen announced the central bank would not be increasing interest rates for the “next couple of FOMC meetings.”
Wall Street is looking ahead to congressional testimony from Janet Yellen who will discuss the U.S. economy's health.
Economists are looking ahead to Thursday’s economic calendar, which includes the number of Americans filing new claims for unemployment.
Weaker-than-expected inflation numbers suggest September will be the ideal time for the U.S. central bank to raise interest rates.
Economists will be looking for clues from the Federal Reserve’s latest minutes as to when the central bank will begin hiking interest rates.
China's economic growth had slipped to a 24-year low of 7.4 percent last year.
BoE Governor Mark Carney said there was little long-term risk associated with the falling inflation.
Negative rates as a stimulus measure were rejected by many economists as not feasible until the financial crisis.
The state's voters approved a minimum wage hike in November, but State Rep. Jim Bolin already wants to change that.
Prime Minister David Cameron's Conservatives have put the economy at the center of their campaign to remain in government.
China's annual consumer inflation hit a five-year low in January while factory deflation deepened, underscoring persistent weakness in the economy.
Markets had been leaning toward a cut this week, though only 9 of 29 analysts in a Reuters poll had tipped a move.
Some economists said the impact of certain tax hikes a year ago could have led to the eurozone core figure dropping.