Economy News

Economy

December Sees a 0.5% Drop in US Wholesale Inventories, Reflecting Economic Trends

US wholesale inventories decreased by 0.5% in December 2024, totaling $898.5 billion, in line with expectations. Merchant wholesalers' sales grew by 1% from November and 2.8% year-...

Economy

Canada Sees a Slight Drop in Unemployment Rate to 6.6% in January

Canada's unemployment rate slightly decreased to 6.6% in January, with a notable drop in youth unemployment. Despite a rise in the total number of unemployed individuals, the manuf...

Economy

Fed Governor Adriana Kugler Affirms US Economy's Strong Foundation Amid Inflation Challenges

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, confirmed the US economy's strong position but noted ongoing challenges with inflation and the p...

Economy

Trump's Pro-Growth Policies Highlighted as US Jobs Data Falls Short of Expectations

The latest US nonfarm payrolls report highlights the underperformance of the economy under former President Joe Biden and the critical role of President Donald Trump's pro-growth p...

Economy

Federal Reserve Governor Kugler Optimistic About US Economic Growth in 2025

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed confidence in the US economy's firm footing and solid GDP growth in the first quarter....

Economy

Federal Reserve Governor Kugler Affirms US Economy's Strong Foundation Amidst Inflation Concerns

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed confidence in the US economy's strong foundation, despite ongoing inflation concerns a...

Economy

ECB Holds Firm: Neutral Interest Rate Stays Between 1.75% and 2.25% Amid Uncertainties

The European Central Bank maintains its neutral interest rate estimate between 1.75% and 2.25%, citing stability but acknowledging significant uncertainties in its calculation and ...

Economy

Fed's Kugler Asserts US Economy Stands Strong: A Deep Dive into Q1 GDP Growth

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed confidence in the US economy's resilience, projecting solid Q1 GDP growth. However, sh...