Economy News

Economy

April Sees a Slight Dip in Australia's Private Sector Activity, What's Behind the Slowdown?

Australia's private sector activity showed a slight decline in April, with key PMI indicators falling from March. Despite the slowdown, domestic demand remains a strong driver for ...

Economy

April Brings Hope as Japan's Manufacturing Downturn Shows Signs of Easing

Japan's manufacturing sector shows signs of easing downturn in April with the Manufacturing Output Index rising to 48.9, though still below the neutral threshold. Challenges remain...

Economy

Fed's Barkin Signals Shift in Inflation Outlook, Suggests Looser CPI Expectations Ahead

Federal Reserve's Thomas Barkin hints at a looser inflation outlook, suggesting a shift from previous warnings. He views current monetary policy as optimal and predicts tariff effe...

Economy

Fed's Kashkari Warns: Tariffs Could Fuel Inflation and Stifle Economic Growth

Minneapolis Fed President Neel Kashkari discusses the inflationary impact of tariffs and the importance of data-driven monetary policy, while keeping a close eye on the labor marke...

Economy

Eurozone Consumer Confidence Hits 18-Month Low: A Deep Dive into April's Sharp Decline

Consumer confidence in the Eurozone and EU is set to decline sharply in April, with indices expected to hit their lowest levels in 18 months, according to the European Commission's...

Economy

Lagarde Confident in EU-US Tariff Negotiations Amid Trade Policy Concerns

ECB President Christine Lagarde expresses confidence in EU-US tariff negotiations, highlighting the impact of US trade policies on the EU's economic outlook and the importance of s...

Economy

Spain Accelerates NATO Defense Spending Goal to 2025, Boosting Security and Tech

Spain announces an accelerated plan to meet NATO's 2% defense spending target by 2025, with a €10.47 billion boost focusing on telecommunications, cybersecurity, and military procu...

Economy

ECB Nears Inflation Target Amidst Global Economic Uncertainty, Kazimir Reveals

ECB Governing Council member Peter Kazimir announces the bank is close to hitting its inflation target, with achievements expected soon. Despite progress, challenges like global ec...