TODAY’S TOP ARTICLES – 12 SEPT 2014

Peru: Peru Cuts Rate to 3.5% as GDP Slowdown Damps CPI Pressures
Peru lowered borrowing costs for the second time in three months after slower inflation gave the central bank room to stimulate an economy growing at the slowest pace in almost five years. (Source: Bloomberg)

Europe: ECB’s Liikanen: More Stimulus Possible if Necessary
Despite reports of differing opinions at the heart of the European Central Bank, a senior decision-maker has told CNBC that it stands ready to take further measures and act “unanimously” to tackle a prolonged period of deflation. (Source: CNBC)

Japan: Bank of Japan Chief Spurs Speculation on Easing Measures
Bank of Japan Gov. Haruhiko Kuroda assured Prime Minister Shinzo Abe on Thursday that the central bank won’t hesitate to take further action if necessary, stoking speculation of future easing steps and pushing down the yen to a near six-year low against the U.S. dollar. (Source: MarketWatch)

United Kingdom: No Campaign Takes Narrow Lead in Scottish Independence Debate
According to YouGov’s last poll, the No Campaign took a narrow lead with 52% ahead of the Yes Campaign. The result comes just six days before the historic vote on 18 September. (Source: Telegraph)

Argentina: Argentina Enacts Law Restructuring Government Debt
Argentina’s Parliament approved an important legislation to restructure the country’s debt. The new measures allow creditors abroad to swap their bonds with new ones under local legislation. (Source: TheGuardian)

For the latest economic indicators from around the world, please visit us at Focus-Economics.com.

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