Economy News

Economy

Tokyo's Inflation Rate Sees a Notable Drop from 3.4% to 2.9% in February

Tokyo's Ku-area saw a decrease in the annual inflation rate from 3.4% in January to 2.9% in February. The CPI excluding fresh food and energy remained steady at 1.9%, while the CPI...

Economy

Japan's Retail Sector Sees a 0.5% Uplift in January, Signaling Economic Resilience

Japan's retail trade saw a 0.5% increase in January, reaching ¥16.2 trillion (~$108 billion), as reported by the Ministry of Economy, Trade and Industry. This growth indicates a po...

Economy

January Sees a 1.1% Dip in Japan's Industrial Production, Yet Annual Growth Persists

Japan's industrial production index fell by 1.1% in January to 100.5, as reported by METI. Despite the monthly decline, there was a 2.6% increase compared to the same month last ye...

Economy

US Natural Gas Inventories See Significant Drop: A 261 Bcf Decrease Unveiled

The Energy Information Administration reports a significant decrease in US natural gas inventories, with a 261 Bcf drop in the week ending February 21. This marks a considerable sh...

Economy

IMF Reports Ongoing Global Disinflation Amid Policy Shifts

IMF Managing Director Kristalina Georgieva discusses the ongoing global disinflation process amidst significant policy changes worldwide, highlighting the complexity and uncertaint...

Economy

Bank of Japan Governor Ueda Raises Alarms Over US Tariffs' Global Impact

Bank of Japan Governor Kazuo Ueda voices concerns over US tariffs' unpredictability and their global economic impact, highlighting the need for close monitoring of trade policies a...

Economy

Federal Reserve Governor Advocates for Simplified Banking Regulations to Empower Community Banks

Federal Reserve Governor Michelle W. Bowman urges for a streamlined regulatory framework to support community banks, emphasizing the need for tailored policies to prevent overregul...

Economy

Historic Drop: Mortgage Rates Hit Two-Month Low, Sparking Homebuyer Interest

Freddie Mac reports a significant drop in 30-year and 15-year fixed-rate mortgage rates, marking the lowest levels since December 2024. This decline, alongside improving housing in...