ECB President Christine Lagarde reports a slowdown in Eurozone economic growth for the current quarter, differing from September's estimate. The bank projects 0.7% growth in 2024.
European Central Bank President Christine Lagarde reaffirms the bank's commitment to reaching a 2% inflation target during a recent press conference.
SNB Vice Chairman Martin Schlegel reaffirms the effectiveness of negative interest rates and their potential future use, discusses their role in managing the Swiss franc, and comme...
The Swiss National Bank has lowered its policy rate by 50 basis points to 0.50% amid decreasing inflationary pressure. The bank forecasts inflation rates and GDP growth, while noti...
South Korea's fiscal deficit has surged to 75.7 trillion won from January to October, raising concerns about the country's fiscal health and economic stability. Despite increases i...
South Korea's economic policies are stalled by an impeachment crisis and budget cuts, particularly affecting support for semiconductors, AI, and nuclear power projects. Experts str...
The European Commission plans to issue up to €90 billion in bonds in the first half of 2025 to support the EU's recovery from the pandemic, strengthen its economy, and aid neighbou...
The Mortgage Bankers Association reports a 5.4% increase in US mortgage applications, driven by a surge in refinance activity and a slight drop in interest rates. VA refinance appl...
