Economy News

Economy

ECB's Olli Rehn Warns: Rising Tariffs Pose Significant Threat to Eurozone Economic Outlook

ECB's Olli Rehn warns of the risks trade protectionism poses to the Eurozone's economic outlook, as US President Trump prepares to impose tariffs on European goods. Despite a weake...

Economy

ECB's Lagarde Warns: Trump's New Tariffs Could Spell Trouble for the Global Economy

ECB President Christine Lagarde warns that President Trump's impending tariffs could harm the global economy, citing increased uncertainty and reduced attractiveness of US investme...

Economy

ECB's Schnabel Warns: Trade Fragmentation Poses Serious Risks to Global Economic Growth

ECB's Isabel Schnabel addresses the harmful effects of trade fragmentation on the economy, highlighting the rise in geopolitical uncertainty and protectionism, while also noting th...

Economy

US Mortgage Applications Dip Slightly: A Sign of Changing Housing Market Dynamics?

Mortgage applications in the U.S. fell by 1.6% last week, with the 30-year fixed-rate mortgage interest rate slightly decreasing to 6.7%. The purchase index rose by 2%, while refin...

Economy

South Korea Faces Unprecedented Price Surge in Food and Dining: A Deep Dive into Economic Impacts

South Korea is grappling with a wave of price increases across food and dining sectors, driven by a weaker won and rising raw material costs. Over 40 companies have raised prices, ...

Economy

ECB's Olli Rehn Warns: Rising Tariffs Pose Significant Threat to Eurozone Economic Outlook

ECB's Olli Rehn warns of trade protectionism's risks to the Eurozone economy as Trump plans new tariffs. Despite a weak growth outlook, the disinflationary process continues, with ...

Economy

ECB's Lagarde Warns: Trump's Proposed Tariffs Could Harm Global Economic Growth

ECB President Christine Lagarde warns that President Trump's incoming tariffs could negatively impact the global economy, highlighting the uncertainty and potential risks to invest...

Economy

ECB's Isabel Schnabel Warns: Trade Fragmentation Poses Serious Risks to Global Economic Growth and Inflation

ECB's Isabel Schnabel discusses the negative impact of trade fragmentation on the economy and inflation, while also highlighting the benefits of a single market and the rise in def...