Economy News

Economy

ECB's Lagarde Highlights Expected Moderation in Eurozone Wage Growth Amid Inflation Concerns

ECB President Christine Lagarde discusses the moderation in wage growth within the euro area and addresses concerns over inflation, highlighting the ECB's commitment to achieving i...

Economy

Kashkari Views on Rising 10-Year Yield: A Sign of Strength or Fiscal Deficits?

Federal Reserve Bank of Minneapolis President Neel Kashkari discusses the rise in the 10-year Treasury yield, attributing it to fiscal deficits and not seeing it as worrisome. He a...

Economy

December Sees a 0.5% Dip in US Wholesale Inventories, Aligning with Forecasts

In December 2024, US wholesale inventories decreased by 0.5%, aligning with expectations, while sales of merchant wholesalers grew by 1% from November. The inventory-to-sales ratio...

Economy

Trump's Economic Revival: A Necessity Highlighted by Latest Jobs Data

White House Press Secretary Karoline Leavitt underscores the necessity of Donald Trump's pro-growth policies, citing the latest nonfarm payrolls report. She highlights Trump's effo...

Economy

Fed's Adriana Kugler Asserts US Economy's Solid Foundation Amid Uncertainties

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed confidence in the US economy's solid foundation, despite slow progress on inflation an...

Economy

Japan Records a Significant Trade Surplus of ¥62.3 Billion in December

Japan's Finance Ministry reported a December trade surplus of ¥62.3 billion, a decrease from November's ¥97.9 billion. Exports and imports saw minor declines, highlighting cautious...

Economy

EU Condemns US Tariffs on Steel and Aluminum as Unlawful and Harmful to Economy

The European Commission criticizes US tariffs on steel and aluminum as unlawful and economically harmful, warning of disruptions to transatlantic trade and global markets.

Economy

February Sees a Surge in Eurozone Investor Confidence: A Positive Turn?

Investor confidence in the euro area improved in February, with the confidence indicator increasing by five points to negative 12.7. The economic expectations index rose above zero...