Economy News

Economy

US Inflation Drops to 2.4% in March: A Significant Decrease from February's 2.8%

The US annual inflation rate fell to 2.4% in March from 2.8% in February, with the CPI down 0.1% month on month. Energy prices dropped significantly, while food prices rose. The co...

Economy

US Job Market Shows Slight Uptick: Initial Jobless Claims Rise to 223,000

Initial jobless claims in the U.S. increased slightly to 223,000, with the insured unemployment rate steady at 1.2%. The total unemployment claims decreased by 43,000, indicating a...

Economy

BoE's Sarah Breeden on US Tariffs: Early Days for UK Inflation Impact, Sterling Stability in Question

Sarah Breeden, Deputy Governor of the Bank of England, discusses the uncertain impact of US tariffs on UK inflation and sterling stability, while affirming the resilience of the UK...

Economy

Trump's Strategic Tariffs: A Calculated Move to Forge Complex Trade Deals, Aide Reveals

White House economic advisor Stephen Miran reveals President Trump's tariffs are a strategy to develop complex trade deals, emphasizing economic resilience and the need for regulat...

Economy

Federal Reserve's Lorie Logan Warns Tariffs May Spike Inflation and Unemployment Rates

Dallas Federal Reserve President Lorie Logan warns that increased tariffs could elevate both inflation and unemployment, stressing the importance of current monetary policies to mi...

Economy

Trump's Strategic Tariffs: A Calculated Move to Forge Complex Trade Deals, Says WH Aide

White House economic advisor Stephen Miran discusses Trump's tariff strategy as a means to negotiate complex trade deals, expresses confidence in the economy's strength, and commen...

Economy

Fed's Lorie Logan Warns: Rising Tariffs May Spark Inflation and Unemployment Surge

Dallas Fed President Lorie Logan warns that increased tariffs could lead to higher unemployment and inflation, stressing the importance of stable inflation expectations to avoid ec...

Economy

BoE's Sarah Breeden: Assessing US Tariffs' Impact on UK Inflation Remains Premature

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, noting it's too early for a full assessment. She highlights the significant effect on ...