economic stability News

Why India's RBI is Stockpiling Gold: A Strategic Move to Bolster the Economy Amid Global Uncertainty

The Reserve Bank of India (RBI) has been aggressively increasing its gold reserves, a strategic move to diversify forex holdings amid global economic volatility. India now ranks 7t...

ECB's Cipollone Warns: Trump's Tariffs Could Deeply Impact Global Economy and Stability

ECB's Piero Cipollone warns that Trump's tariffs could significantly impact the global economy, risking Western bloc fragmentation and threatening international partnerships. The l...

ECB's Cipollone Warns: Trump's Tariffs Could Deeply Impact Global Economy and Stability

ECB's Piero Cipollone warns that U.S. tariffs under Trump could significantly impact the global economy, risking fragmentation within the Western bloc and threatening long-term gro...

Bundesbank Warns: German Economy Faces Potential Q2 Setback Despite Q1 GDP Growth

The Bundesbank warns of a potential economic setback in Germany for Q2, despite a slight GDP growth in Q1, raising concerns over the EU's economic stability.

ECB Slashes Interest Rates Amid Trade Tensions: A Bold Move Towards Economic Stability

The European Central Bank has cut interest rates by 25 basis points, aiming to stabilize inflation at 2%. However, rising trade tensions pose risks to economic growth, prompting a ...

ECB Slashes Interest Rates Amidst Growing Trade Tensions: A Bold Move Towards Economic Stability

The European Central Bank cuts key interest rates by 25 basis points, aiming for economic stability despite growing trade tensions and uncertainty affecting growth forecasts.

Bank of Korea Holds Steady: Base Rate Remains at 2.75% Amid Global Uncertainties

The Bank of Korea maintains its base rate at 2.75% amidst global trade tensions and exchange rate volatility, signaling cautious economic stewardship. Market watchers had anticipat...

UK Unemployment Holds Steady at 4.4% Amid Economic Uncertainties in February

The UK unemployment rate remained steady at 4.4% for the second consecutive month in February, matching analysts' expectations. This stability comes amid broader economic uncertain...

Asia-Pacific Markets React Mixed as Trump's Tariffs Stir Global Trade Concerns

Asia-Pacific markets showed mixed reactions as Trump's tariffs and warnings about transition difficulties caused volatility. Japan's Nikkei 225 dropped sharply, while China's indic...

Fed's Schmid Warns: Rising Inflation Expectations Could Challenge Economic Stability

Federal Reserve Bank of Kansas City President Jeff Schmid warns of the dangers of rising inflation expectations and the challenges of maintaining economic stability amidst calls fo...

Fed's Schmid Warns: Rising Inflation Expectations Could Challenge Economic Stability

Federal Reserve Bank of Kansas City President Jeff Schmid warns of the risks posed by rising inflation expectations, emphasizing the difficulty in containing inflation once it's em...

US Economy on the Brink: 70% Chance of Recession in 2025 Amid Rising Trade War Tensions

The odds of a US recession in 2025 have dramatically increased to 70%, driven by President Trump's new tariffs and the resulting global trade war tensions, raising fears over econo...

Japan Urges US to Lift Tariffs as Trade Tensions Rise: A Call for Economic Stability

Japan's top diplomat Masato Kanda Mimura calls for the US to exempt Japan from recent tariffs, highlighting the need for economic stability and ongoing discussions with the US Trea...

Powell Highlights Economic Resilience Amid Uncertainty: A Deep Dive into U.S. Economic Stability

Federal Reserve Chair Jerome Powell discusses the resilience of the U.S. economy, citing solid data and low unemployment. Amid uncertainties, the Fed adopts a cautious approach to ...

China Strongly Rejects Fitch's Credit Downgrade, Calls It Unfair and Biased

China's Finance Ministry criticizes Fitch Ratings for downgrading its credit rating, calling it biased and not reflective of the country's economic stability. Fitch cites rising de...

US Job Market Holds Steady: 7.6 Million Openings in February Amidst Economic Uncertainty

The US job market remained stable in February with 7.6 million openings, unchanged from January. The JOLTS report showed consistent hires and separations rates, with a steady quits...

India's GST Revenue Soars: A 9.9% Surge to Rs 1.96 Lakh Crore in March 2025 Signals Economic Resilience

India's GST revenue collection saw a significant 9.9% year-over-year increase in March 2025, reaching Rs 1.96 lakh crore, reflecting economic stability and strong tax compliance. T...

Eurozone Inflation Dips Slightly to 2.2% in March, Signaling Economic Stability

The euro area's annual inflation rate slightly decreased to 2.2% in March from 2.3% in February, with services being the largest contributor. The core CPI rose by 2.4% year-on-year...

UK Braces for Impact: How Trump's April 2 Tariffs Will Reshape Trade Relations

The UK is preparing for the impact of US President Donald Trump's tariffs on foreign goods starting April 2. Discussions for a UK-US economic prosperity deal are ongoing, with the ...

UK Braces for Impact: Trump's April 2 Tariffs Set to Shake British Economy

The UK anticipates the impact of US President Donald Trump's tariffs on foreign goods starting April 2. British officials are negotiating a trade deal with the US, emphasizing econ...

UK Braces for Impact: How Trump's April 2 Tariffs Could Reshape British Economy

The UK anticipates economic impacts from US President Donald Trump's tariffs on foreign goods starting April 2. Discussions for a UK-US economic prosperity deal are ongoing, with B...

Rachel Reeves Stands Firm: Fiscal Rules Are Essential for UK's Economic Stability

Rachel Reeves, the British Chancellor, emphasizes the non-negotiable nature of fiscal rules in ensuring economic stability and public trust, while addressing global economic uncert...

Bank of Japan Anticipates Surpassing 2% Inflation Target, Sparks Policy Adjustment Talks

Bank of Japan board members express growing confidence in hitting the 2% inflation target, with discussions on potential rate hikes and policy adjustments to manage inflation risks...

ECB's Disinflation Strategy: A Closer Look at the Progress and Future Directions

The European Central Bank (ECB) reports significant progress in its disinflation process, highlighting strategic monetary policies and regulatory measures aimed at stabilizing the ...

UK Unemployment Holds Steady at 4.4% in January: What Does It Mean for the Economy?

The UK's unemployment rate remained steady at 4.4% in January, according to the Office for National Statistics. This stability, surpassing last year's predictions, highlights a res...

India's Forex Reserves Skyrocket by $15 Billion, Marking the Largest Weekly Surge in Over Three Years

India's foreign exchange reserves surged by $15.27 billion, marking the largest weekly gain in over three years, as per the Reserve Bank of India. This significant increase comes a...

India's Retail Inflation Dives to 3.61% in February, Marking First Sub-4% in Half a Year

India's retail inflation rate dropped to 3.61% in February 2025, the first time below 4% in six months, driven by lower vegetable prices. Economists predict inflation will stay bel...

Lagarde Challenges the 2% Inflation Target: A New Economic Reality?

ECB President Christine Lagarde discusses the challenges of maintaining a 2% inflation target in the current economic environment, emphasizing the importance of adaptability and we...

Dow Plummets Over 890 Points as Recession Fears and Tariff Uncertainty Grip the U.S. Stock Market

The U.S. stock market faced a significant downturn amid fears of a recession and uncertainties surrounding tariff policies. Major indices plummeted, reflecting investor anxiety and...

New York Fed's John Williams Assures Stable Inflation Outlook Amid Economic Uncertainties

Federal Reserve Bank of New York President John Williams confirms a stable inflation outlook, with no signs of inflation expectations becoming unmoored. He predicts a gradual decay...

Asian Markets Dip as Trade Tensions Linger: A Closer Look at the Regional Impact

Asia-Pacific markets faced declines as trade tensions between the US and China continue to unsettle investors, despite a temporary delay in tariffs on Mexico and Canada. Key indice...

Singapore's US$600 Vouchers: A Temporary Relief Amid Rising Costs, Says PM Lawrence Wong

Singapore introduces the SG60 package, offering up to SGD800 to citizens to combat rising costs. PM Lawrence Wong emphasizes long-term strategies over temporary relief, focusing on...