economic outlook News

Spain's Inflation Rate Dips Slightly in April, Core Inflation Holds Steady

Spain's inflation rate slightly decreased to 2.2% in April, with core inflation holding steady at 2.4%. The HICP remained stable, indicating a cautious economic outlook.

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reports a 0.2% revenue drop to $12.6B in Q1 2024, with a net loss of $473M. The airline withdraws full-year guidance due to economic uncertainties, while CEO rema...

American Airlines Reports Slight Q1 Revenue Dip to $12.6B Amid Wider Net Loss

American Airlines reports a 0.2% drop in Q1 2024 revenue to $12.6 billion, with a net loss widening to $473 million. The airline withdraws full-year guidance amid uncertain economi...

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reported a 0.2% revenue decline to $12.6 billion in Q1 2024, with a net loss of $473 million. The airline withdraws full-year guidance amid economic uncertainties...

ECB's Villeroy Signals Further Rate Cuts Amid Near-Target Inflation Achievement

ECB's Francois Villeroy de Galhau announces near achievement of inflation targets and hints at further rate cuts, while expressing optimism about the Eurozone's economy amidst glob...

Fitch Shifts Global Auto Sector Outlook to Deteriorating Amid Rising US Tariffs and Trade Tensions

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, warning of production cuts and increased costs affecti...

Lagarde Confident in EU-US Tariff Negotiations Amid Trade Policy Concerns

ECB President Christine Lagarde expresses confidence in EU-US tariff negotiations, highlighting the impact of US trade policies on the EU's economic outlook and the importance of s...

Lagarde Optimistic About Future US-EU Tariff Negotiations Amid Trade Policy Concerns

European Central Bank President Christine Lagarde is hopeful about the prospects of US-EU tariff negotiations, despite concerns over US trade policies. She emphasizes the need for ...

ECB's Lagarde Optimistic About EU-US Tariff Talks Amid Trade Policy Concerns

ECB President Christine Lagarde expresses confidence in the potential for EU-US tariff discussions, highlighting the impact of US trade policy on the EU's outlook and the importanc...

Eurozone Inflation and GDP Growth Forecasts Adjusted Upward for 2025 and 2026, ECB Reports

The European Central Bank's latest survey forecasts a slight increase in Eurozone inflation and GDP growth for 2025 and 2026, with unemployment rates expected to remain stable at 6...

IMF Calls for Central Bank Independence to Combat Rising Global Inflation Challenges

IMF Managing Director Kristalina Georgieva emphasizes the importance of central bank independence to tackle inflation, announces adjusted global growth and inflation forecasts, and...

IMF Calls for Strong Central Bank Independence to Combat Rising Global Inflation Risks

IMF Managing Director Kristalina Georgieva highlights the importance of central bank independence to tackle inflation, warns of adjusted global growth and inflation forecasts, and ...

Fed Chair Powell Warns: Trump's Tariffs May Fuel Longer-Than-Expected Inflation Surge

Federal Reserve Chair Jerome Powell warns that Trump's tariffs could lead to a more persistent inflationary impact than expected, emphasizing the need for careful monitoring and an...

Fed's Musalem Warns: Rising Tariffs Could Spark New Inflation Wave Amid Economic Softening

Federal Reserve Bank of St. Louis President Alberto Musalem warns of potential inflation resurgence due to new tariffs, despite a softening labor market. Concerns include limited d...

Fed's Musalem Warns of Potential Inflation Surge Amid New Tariffs and Economic Softening

Federal Reserve Bank of St. Louis President Alberto Musalem warns of a potential reacceleration of inflation due to new tariffs and economic softening, despite a softening labor ma...

Fed's Musalem Warns of Potential Inflation Spike Amid New Tariffs and Economic Uncertainties

Federal Reserve's Alberto Musalem warns of potential inflation reacceleration due to new tariffs and economic uncertainties, despite a softening labor market. He highlights challen...

April's Alarming Drop in US Consumer Confidence Signals Economic Worries

A preliminary report from the University of Michigan shows a continued decline in US consumer confidence in April, raising concerns about the economic outlook. Analysts warn this c...

BoE's Breeden Warns: US Tariffs' Inflation Impact on UK Remains Uncertain

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, highlighting potential economic risks and the resilience of the UK banking system.

BoE's Sarah Breeden: Assessing US Tariffs' Impact on UK Inflation Remains Premature

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, noting it's too early for a full assessment. She highlights the significant effect on ...

Fitch Ratings: Western European Banks Show Resilience Amid Rising US Tariff Uncertainties

Fitch Ratings reports Western European banks are resilient against US tariff uncertainties, with strong performance and asset quality. However, economic indicators could shift the ...

Fitch Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, reflecting confidence in government support and financial resilience despite economic challenges.

Fitch Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, signaling confidence in their future performance and government support, despite economic challenges.

Fitch Upgrades Outlook for Six Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, reflecting confidence in government support and the banks' financial stability despite economic challe...

Fitch Ratings Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, reflecting confidence in government support and the banks' financial health, despite broader economic ...

Fitch Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has improved the outlook for six major Chinese banks to Stable, reflecting confidence in government support and better financial health amidst economic challenges.

Fitch Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Optimism

Fitch Ratings has changed its outlook for six major Chinese banks from Negative to Stable, reflecting confidence in government support and financial stability despite recent econom...

Fitch Upgrades Outlook for Six Chinese Banks to Stable Amid Economic Optimism

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, reflecting confidence in government support and the banks' financial stability despite China's recent ...

Gold Prices Soar to Unprecedented Heights: A 21% Surge in Vietnam and Global Records Shattered

Gold prices in Vietnam have surged by over 21% this year, with global prices hitting record highs. Analysts express concerns over stagflation and its impact on the market.

S&P Global Ratings Warns: 25% Chance of US Recession in the Coming Year Amid Policy Uncertainties

S&P Global Ratings forecasts a 25% chance of the US facing a recession in the next 12 months, citing policy uncertainties as a major risk to the economic outlook.

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Concerns

US consumer confidence plummeted in March to its lowest since January 2021, with rising inflation and economic worries dampening future expectations. The Conference Board reports a...

Jerome Powell Downplays Tariff Impact, Calls Inflation Effects Transitory

Federal Reserve chief Jerome Powell reassures that the inflationary impact of tariffs is likely temporary, amidst concerns over the US economic outlook and trade tensions. The Fed ...

Bessent Announces Tariff Numbers for Targeted Countries Effective April 2

US Treasury Secretary Scott Bessent announced that targeted countries will receive specific tariff numbers by April 2. He also discussed the economy's health and Trump's directive ...