Economy News

Economy

Federal Reserve's Adriana Kugler Asserts US Economy's Strong Foundation Amid Uncertainties

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed optimism about the US economy's solid foundation, despite challenges like slow inflati...

Economy

Japan Achieves a ¥62.3 Billion Trade Surplus in December Amidst Export and Import Declines

Japan reported a ¥62.3 billion trade surplus in December, a decrease from November's ¥97.9 billion. Exports and imports both saw slight declines, with exports dropping by 0.9% and ...

Economy

EU Condemns US Tariffs: A Threat to Global Economy and Trade Relations

The European Commission criticizes the US's proposed tariffs on aluminum and steel as unlawful and economically harmful, warning of the negative impact on global trade relations an...

Economy

Eurozone Investor Confidence Sees Significant Uplift in February, Signaling Economic Recovery

February saw a significant uplift in eurozone investor confidence, with indicators showing improvement. The current situation and economic expectations indices both rose, signaling...

Economy

No Winners in Sight: De Guindos Warns of Dire Consequences in US-EU Trade War

ECB Vice President Luis de Guindos warns of the dire consequences of a potential US-EU trade war, emphasizing that no winners would emerge from such a conflict. He calls for cautio...

Economy

NY Fed Reports: A Surge in Long-Term Inflation Expectations to 3% in January 2025

The NY Fed's January 2025 survey shows a rise in five-year-ahead inflation expectations to 3%, while median household spending growth expectations fall to 4.4%, the lowest since Ja...

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...