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 dropping 0.1% month on month. Energy prices decreased significantly, while food prices saw an...

Economy

US Job Market Shows Slight Strain as Initial Jobless Claims Climb to 223,000

Initial jobless claims in the U.S. rose by 4,000 to 223,000 for the week ending April 5, while the insured unemployment rate dipped to 1.2% with a decrease in total unemployment fi...

Economy

Bank of England Adjusts Bond Auction Strategy Amid Market Volatility, Focuses on Short Maturity Bonds

The Bank of England adjusts its bond auction strategy due to market volatility, opting for short maturity bonds on April 14 and rescheduling long maturity auctions to ensure a bala...

Economy

Bank of England Adjusts Strategy: Short Maturity Bonds Auction Announced for April 14 Amid Market Volatility

The Bank of England shifts its auction strategy to short maturity bonds on April 14 due to market volatility, rescheduling long maturity auctions to ensure even APF reduction. The ...

Economy

ECB's Villeroy Hails US Tariff Pause as a Step Towards Economic Sanity Amid Global Tensions

ECB's Francois Villeroy de Galhau sees the US's 90-day tariff pause as a move towards economic reason, despite lingering issues of unpredictability and protectionism. France faces ...

Economy

Italy's Industrial Production Takes a Hit: A 0.9% Drop in February Sparks Concerns

Italy's industrial production saw a 0.9% decline in February, with significant drops in capital, intermediate, and consumer goods. The energy sector, however, experienced a 4% incr...

Economy

ECB's Villeroy Sees US Tariff Pause as a Glimmer of Economic Rationality Amid Global Tensions

ECB's Francois Villeroy de Galhau views the US tariff pause as a slight positive but warns of ongoing economic challenges like unpredictability and protectionism, while noting Fran...

Economy

ECB's Villeroy Hails US Tariff Pause as a Glimmer of Economic Sanity Amid Global Tensions

ECB's Villeroy views the US tariff pause as a positive but cautious step towards economic rationality, highlighting ongoing issues of unpredictability and protectionism. France's e...