Economy News

Economy

Hassett Reveals: Federal Reserve's Current Rates Exceed Equilibrium, Predicts Future Stability

Kevin Hassett, Director of the US National Economic Council, discusses the Federal Reserve's monetary policy, expressing confidence in the extension of tax cuts and highlighting po...

Economy

Trump's Bold Move: New Tariffs Could Reshape Global Trade Worth Trillions

The Trump administration is preparing to introduce new import tariffs worth trillions of dollars, potentially reshaping global trade. This move could have significant implications ...

Economy

A Significant Drop: US Mortgage Applications Decrease by 6.2% Amid Rising Interest Rates

US mortgage applications fell by 6.2% last week, with rising interest rates adding to homebuyers' concerns. However, purchase applications slightly increased, signaling a potential...

Economy

Turkey's Bold Moves to Stabilize Financial Markets Amidst Political Turmoil

Amid political crisis and market instability, Turkey's Minister of Treasury and Finance, Mehmet Simsek, assures the government's commitment to stabilizing the markets and continuin...

Economy

Euro Area Inflation Sees Slight Dip: February Rate Adjusted to 2.3%

Eurostat revises February's Eurozone inflation rate to 2.3%, down from the preliminary 2.4% and January's 2.5%, with the CPI monthly rise also adjusted to 0.4%.

Economy

BoJ Governor Ueda Highlights Economic Recovery Amidst Lingering Weaknesses in Japan

Bank of Japan Governor Kazuo Ueda discusses Japan's moderate economic recovery, ongoing weaknesses, and the BoJ's monetary policy adjustments. Wage trends show positive momentum, b...

Economy

Morgan Stanley Predicts Three Additional Rate Cuts by Bank of Korea in 2023

Morgan Stanley predicts the Bank of Korea will cut interest rates three more times in 2023 to combat economic growth pressures, adjusting its forecast for South Korea's growth rate...

Economy

Governor Ueda Highlights Economic Weakness and Monetary Policy Adjustments in Japan

Bank of Japan Governor Kazuo Ueda discusses the moderate recovery of Japan's economy, the need for monetary policy adjustments, and positive wage trends, amidst global economic unc...