It says something about the diminished expectations that the reaction to the latest growth figures for Germany and France was one of relief.
The European Central Bank is ready to pump up to €1tn (£782bn) of fresh stimulus into the flagging eurozone economy to ward off a dangerous deflationary spiral, Mario Draghi has signalled.
Japanese policymakers have revealed surprise plans to pump more stimulus into the economy, triggering widespread cheer among international investors.
The largest financial stimulus program in the history of the United States has ended. Now the really interesting chapter of the American economy begins.
Fears that Germany is on the brink of recession intensified after the eurozone’s largest economy suffered its biggest slump in industrial output since the beginning of the financial crisis.
The global economy faces headwinds from a sluggish eurozone and rising political tensions, including the uncertain outcome of Scotland's independence referendum, a leading thinktank has warned.
The European Central Bank surprised markets on Thursday with fresh measures to boost a flagging eurozone economy threatened with deflation and the risks of an escalating conflict in Ukraine.
The global economy is divided at the moment into the good, the bad and the ugly. Two of the most populous nations can claim to be good.
Quantitative easing (QE) programs by central banks under the right conditions will always have a positive outcome for household demand, according to Willem Buiter, chief economist at Citi, who predicts that Japan and the euro zone will soon launch "massive" stimulus packages.
September 16 2008 was the day central banks stopped being boring. The day Lehman Brothers went down was the cut-off point between conventional monetary policy – moving official interest rates in baby steps to keep inflation low – and unconventional monetary policy.