Economy News

Economy

Turkey's Inflation Rate Dips Slightly in April, Yet Education and Housing Costs Skyrocket

Turkey's inflation rate slightly decreased to 37.86% in April from 38.1% in March. Education and housing costs saw the highest annual increases, while clothing and footwear experie...

Economy

Switzerland's Inflation Hits Zero in April: A Detailed Look at the Consumer Price Index Shift

Switzerland's inflation rate dropped to 0% in April, with the CPI remaining unchanged at 107.5 points. While some categories saw price increases, others experienced declines, with ...

Economy

Turkey's Inflation Rate Dips Slightly in April: A Closer Look at the Numbers

Turkey's inflation rate slightly decreased to 37.86% in April from 38.1% in March. Education and housing prices surged the most, while clothing and footwear saw the least increase....

Economy

Vietnam's Economic Miracle: On Track to Become Southeast Asia's Second-Largest Economy by 2036

Vietnam is set to become Southeast Asia's second-largest economy by 2036, thanks to the Doi Moi reform and rapid economic growth. Despite challenges like an ageing population and c...

Economy

April Sees a Surge in Australian Services Activity: What's Driving the Growth?

The Australian services sector experienced notable growth in April, indicating a strong recovery. Experts are analyzing the drivers behind this expansion, including consumer behavi...

Economy

Trump Reaffirms Commitment to Powell as Fed Chair Amid Economic Strategies Discussion

President Donald Trump confirms his support for Jerome Powell as Federal Reserve Chair until 2026, dismissing removal talks. He also addresses small business concerns over Chinese ...

Economy

Warren Buffett Shares Insight: Why Securities Outshine Real Estate in Current Market

Warren Buffett, at Berkshire Hathaway's annual event, emphasized the greater opportunities in the securities market compared to real estate, citing the latter's complexity and chal...

Economy

Exclusive: Fed's Bowman Eyes Overhaul of Secret Bank Ratings System Amid Regulatory Shift

Federal Reserve Governor Michelle Bowman is reviewing the secret ratings for major US banks, aiming to refocus supervision on core financial risks. The delay in this year's ratings...