South Korea's fiscal deficit reached 94.3 trillion won in the first half of the year, the fourth largest on record. Revenue increased by 24.7 trillion won, but expenditure also ros...
Eurostat reports a 1.3% drop in the Eurozone's industrial production in June, with the EU seeing a 1% decrease. Despite annual growth, sector-specific declines and significant drop...
Mary Daly, President of the Federal Reserve Bank of San Francisco, warns against a 50-basis point rate cut in September, fearing it may signal unnecessary urgency. She highlights a...
The Eurozone's GDP grew by 0.1% in Q2, with the EU slightly ahead at 0.2%. Yearly growth rates were higher, led by Ireland, Cyprus, and Poland. Employment figures also showed stabi...
Expectations for a Federal Reserve interest rate cut in September have surged to nearly 100%, sparking a rally in the New York stock market. President Trump's announcement of narro...
Goldman Sachs maintains that tariffs will largely fall on consumers, despite political criticism. Economist David Mericle predicts consumers will bear two-thirds of the burden, pot...
Australia's unemployment rate improved to 4.2% in July, with significant job gains and positive trends in full-time employment and economic indicators, as reported by the ABS.
Chicago Fed President Austan Goolsbee warns that tariffs could lead to stagflation, impacting inflation and productivity. He also discusses the Fed's cautious stance on potential r...
