Economy News

Economy

Strong Demand as US Treasury Sells $69B in 2-Year Notes with Yield Dropping to 3.984%

The US Treasury's 2-year note auction saw strong demand with yields dropping to 3.984%. Direct bidders took 13.6% of the $69 billion, while indirect bidders received 75.8%. The WI ...

Economy

ECB's Villeroy Downplays Tariff Impact on EU Inflation Amid US Trade War Tensions

ECB's Francois Villeroy de Galhau discusses the minimal expected impact of US tariffs on EU inflation and criticizes Trump's trade policies, highlighting potential global economic ...

Economy

European Union Invests in 47 Groundbreaking Projects to Secure Future of Critical Raw Materials

The European Commission has selected 47 projects across 13 EU countries to enhance the continent's supply of critical raw materials, aiming for significant self-sufficiency by 2030...

Economy

Fed Governor Kugler Warns: Inflation Target Progress Stalls Amid Rising Consumer Expectations

Federal Reserve Governor Adriana Kugler discusses the slowdown in progress toward the 2% inflation target, rising consumer expectations, and the Fed's current monetary policy stanc...

Economy

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Fears

US consumer confidence plummeted in March to its lowest since January 2021, with inflation expectations rising. The Conference Board reports a significant drop in both present situ...

Economy

February Sees a 1.8% Rise in US New Home Sales, Signaling a Strong Housing Market

US new home sales grew by 1.8% in February, reaching a seasonally adjusted annual rate of 676,000. The median sales price was $414,500, with a supply of 8.9 months at current sales...

Economy

US Copper Futures Skyrocket to Historic Highs Amid Tariff Anxiety and Chilean Supply Woes

US copper futures hit a record high due to fears of upcoming tariffs and supply issues in Chile, with prices reaching $5.2055 per pound. Glencore Plc's halt in shipments from Chile...

Economy

EU Invests €22.5 Billion in 47 Projects to Secure Critical Raw Materials and Reduce Dependency

The European Commission has selected 47 projects across 13 EU countries to secure critical raw materials, aiming for €22.5 billion in investment. These projects focus on reducing d...