Federal Reserve's Kugler Highlights Resilient US Economy Amid Uncertainties
Federal Reserve Governor Adriana Kugler states the US economy remains strong with solid GDP growth expected in Q1, despite inflation concerns and policy uncertainties.
Economy News
Canada's Job Market Shows Resilience: Unemployment Dips to 6.6% in January
Canada's unemployment rate slightly decreased to 6.6% in January, with youth unemployment dropping significantly. The manufacturing sector led job growth, and average hourly wages ...
Federal Reserve's Kugler Affirms Strong Foundation of US Economy Amid Policy Shifts
Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed optimism about the US economy's solid foundation and anticipated GDP growth. However, ...
Fed's Neel Kashkari Views Rising 10-Year Yield as a Non-Threat Amid Fiscal Deficit Concerns
Federal Reserve Bank of Minneapolis President Neel Kashkari discusses the rise in the 10-year US Treasury bond's yield, attributing it to fiscal deficits and assuring the public of...
January Job Growth Surprises with 143,000 New Positions Amidst Economic Shifts
The U.S. labor market added 143,000 jobs in January, led by healthcare, retail trade, and social assistance. Unemployment slightly decreased to 4%, with average hourly earnings and...
US Natural Gas Reserves Experience Significant Drop: A 174 Bcf Decrease Unveiled
The US has experienced a significant decrease in natural gas inventories, with a 174 Bcf drop reported by the EIA. Compared to last year and the five-year average, stockpiles have ...
January Sees a Spike in US Job Cuts to 49,795, Tech Sector Hit Hardest
In January, the US job market saw a rise in job cuts to 49,795, with the tech sector experiencing a significant impact due to AI integration. Retail and services also faced notable...
BoE Governor Andrew Bailey Signals More Rate Cuts Amid Economic Uncertainty
Bank of England Governor Andrew Bailey announces expectations for further rate cuts, emphasizing a cautious approach due to economic uncertainties and the need to balance domestic ...
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