Federal Reserve Bank of Cleveland President Beth Hammack advocates for a steady monetary policy to balance inflation and labor market risks, citing uncertainties from new US trade ...
US retail sales rose by 1.4% in March, reaching $734.9 billion, exceeding expectations. Motor vehicle and parts dealers saw an 8.8% increase, while nonstore retailers grew by 4.8%.
The WTO has revised its 2025 global merchandise trade forecast to a 0.2% contraction, with North America's exports expected to fall by 12.6%. A further decline is possible if trade...
US industrial production fell by 0.3% in March, with a notable 5.8% drop in utilities due to warmer weather. Manufacturing and mining saw modest gains, while business equipment ros...
The Bank of Canada has decided to maintain its policy rate at 2.75%, citing global trade tensions and US tariff policy as key concerns. These factors are affecting economic growth,...
In April, US home builder confidence slightly improved, with the NAHB/Wells Fargo reporting a one-point increase to 40. Current sales conditions improved, but future expectations d...
The EIA reports a slight increase in US crude oil inventories to 442.9 million barrels, alongside adjustments in refinery operations and a drop in crude oil imports.
Fitch Ratings anticipates deeper interest rate cuts from the ECB and emerging markets due to worsening global economic conditions and escalating trade wars, with the 2025 world gro...
