Economy News

Economy

Powell Asserts U.S. Economy's Strength Amid Uncertainties, Highlights Low Unemployment

Federal Reserve Chair Jerome Powell cites the nonfarm payrolls report as evidence of the U.S. economy's strength, with low unemployment rates despite uncertainties. He avoids polit...

Economy

Jerome Powell Warns: April 2 Tariffs' Economic Impact to Unfold Gradually, Affecting Prices and Supply Chains

Federal Reserve Chair Jerome Powell discusses the gradual impact of April 2 tariffs on the US economy, noting their larger-than-expected scale and effects on prices, supply chains,...

Economy

UK Construction Sector Shows Signs of Recovery in March Amid Challenges

The UK construction sector showed signs of slight recovery in March with PMI rising to 46.4, despite ongoing challenges. Civil engineering faced the steepest decline, while residen...

Economy

Federal Reserve Chair Warns: Trump's Tariffs Could Trigger More Severe Economic Impact Than Anticipated

Federal Reserve Chair Jerome Powell warns of the potentially severe economic impact of Trump's tariffs, highlighting uncertainties and the Fed's cautious stance on policy adjustmen...

Economy

Powell Assures: U.S. Economy Remains Strong Despite Uncertainties, Fed Takes Patient Stance

Federal Reserve Chair Jerome Powell confirms the U.S. economy's solid performance, citing strong employment data. He discusses the unpredictability of tariffs and emphasizes a pati...

Economy

Powell Warns: Gradual Economic Impact of April 2 Tariffs Larger Than Anticipated

Federal Reserve Chair Jerome Powell discusses the anticipated gradual impact of new US tariffs introduced on April 2, highlighting their larger-than-expected scale and the broader ...

Economy

UK Construction Sector Shows Signs of Recovery in March Despite Ongoing Challenges

The UK construction sector showed a slight recovery in March with PMI rising to 46.4, though challenges persist, especially in civil engineering. Employment trends indicate signifi...

Economy

Powell Warns: Trump's Tariffs Could Trigger More Severe Economic Risks Than Anticipated

Federal Reserve Chair Jerome Powell warns of potentially more severe economic impacts from Trump's tariffs than previously expected, emphasizing the need for cautious monitoring an...