European stock markets opened higher as the US and EU announced a significant trade deal, sparking optimism despite some criticism. Key indices like DAX and CAC 40 saw notable gain...
RBI governor Sanjay Malhotra supports US Fed chief Jerome Powell amid political pressure, stressing the importance of central bank independence for economic stability and inflation...
The Central Bank of Turkey reduces its key interest rate from 46% to 43% in an effort to combat inflation and stabilize the economy, reaffirming its commitment to achieving price s...
Thailand's Ombudsman urges a crackdown on foreign nationals using nominees to illegally acquire land, highlighting risks to national security and economic stability. A comprehensiv...
Federal Reserve Vice Chair Michael Barr warns against the push for bank deregulation, stressing the importance of evolving financial oversight to prevent future crises. His remarks...
India's foreign exchange reserves declined by $3.049 billion to $699.736 billion in early July, with foreign currency assets dropping sharply. However, gold reserves and SDRs saw a...
Germany's inflation rate remained at 2% in June, consistent with preliminary estimates. Energy prices decreased by 3.5%, while food prices rose by 2.0% year-on-year. Services and H...
Russia's inflation rate slightly decreased to 10.2% in April from 10.3% in March, with food prices leading the increase at 12.7%, alongside rises in non-food products and services....
The US Department of Labor reports initial jobless claims remained steady at 229,000 for the week ending May 10, with the insured unemployment rate unchanged at 1.2%. The 4-week mo...
Chicago Fed President Austan Goolsbee warns against returning to high inflation, emphasizing the goal to maintain a 2% annual rate. Recent data shows U.S. inflation decreasing to 2...
As India-Pakistan tensions escalate, Pakistan's fragile economy, reliant on IMF bailouts, faces severe risks. Experts warn of the dire economic consequences for Pakistan in a susta...
S&P Global Ratings warns that escalating tensions between India and Pakistan could increase credit risks for both, with potential impacts on economic stability and growth. India's ...
Federal Reserve Chair Jerome Powell asserts the Fed's independence from political influence, emphasizing decisions are based solely on economic data and risks, not President Trump'...
Swiss National Bank Chairman Martin Schlegel reaffirms the bank's readiness to intervene in the foreign exchange market amid the Swiss franc's significant appreciation, aiming to p...
Swiss National Bank Chairman Martin Schlegel reaffirms the bank's readiness to intervene in the forex market to counter the Swiss franc's appreciation, aiming to protect economic s...
After the Pahalgam terror attack, Pakistan's stock market dropped 4%, while India's Sensex gained 1.5%, showcasing the contrasting economic stability and investor confidence betwee...
The eurozone's unemployment rate remained stable at 6.2% in March 2025, with Germany showing the lowest rate at 3.5% and Spain and Greece among the highest. Youth unemployment slig...
Eurozone's inflation rate held steady at 2.2% in April, with services leading the CPI increase. Core CPI rose by 2.7% annually, with Estonia and France marking the highest and lowe...
Eurozone's inflation rate remained stable at 2.2% in April, with services being the major contributor. Core CPI rose by 2.7% year-on-year, with Estonia and France recording the hig...
South Korea's inflation rate remained steady at 2.1% in April, indicating economic stability. Experts are analyzing the implications for the broader economy and the effectiveness o...
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 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 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...
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.
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 ...
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.
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...
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 showed mixed reactions as Trump's tariffs and warnings about transition difficulties caused volatility. Japan's Nikkei 225 dropped sharply, while China's indic...
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...
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...
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...
