economic landscape News

Turkey Sees Significant Drop in Inflation Rate to 39.05% in February

Turkey's inflation rate dropped to 39.05% in February from 42.12% in January, with the CPI rising 2.27% month on month. Education saw the highest annual increase at 94.90%, while c...

US Trade Deficit Skyrockets by 25.6% in January, Reaching $153.3 Billion

The US trade deficit increased by 25.6% in January, reaching $153.3 billion, with exports and imports both seeing a rise. Wholesale inventories also climbed, indicating a complex e...

Unanimous Decision by ECB to Cut Rates: What It Means for the Economy

ECB President Christine Lagarde announced a unanimous decision to cut key interest rates by 25 basis points, signaling a unified approach to current economic challenges. Lagarde al...