Euro zone stalls as energy shock bites
Business surveys show war-driven cost pressure is already hitting activity Private sector growth in the euro zone nearly stalled in March, adding to signs that the war in the Middle East is
Bank of England Holds as Iran War Clouds Outlook
Markets shift from rate-cut hopes to fears of tighter policy The Bank of England has left interest rates unchanged, but the decision did little to calm markets increasingly worried that the conflict
US Diesel Tops $5 as Oil Shock Hits Economy
Fuel surge raises pressure on freight and consumer costs Diesel prices in the United States have climbed above $5 a gallon for the first time in more than three years, signaling a
US Economy Grows 2.5% in 2024, Trump Policies Add Uncertainty
The US economy expanded 2.5% over the past year, according to Commerce Department figures released Thursday, underscoring the solid economic foundation inherited by President Donald Trump. Consumer spending remained strong, supported by
ECB Cuts Rates, Signals More Easing in March
ECB-Cuts-Rates-Signals-More-Easing-in-March The European Central Bank (ECB) cut interest rates on Thursday and signaled another reduction in March as concerns over economic stagnation outweigh persistent inflation fears. This marks the fifth ECB rate
France’s Economy Contracts as Political Uncertainty Persists
France’s economy shrank 0.1% in the fourth quarter, according to preliminary data from INSEE on Thursday. The contraction follows 0.4% growth in the third quarter of 2024 and underscores the challenges facing
Germany’s Economy Contracts 0.2% in Q4, Raising Recession Fears
The German economy shrank by 0.2% quarter-on-quarter in the final three months of 2024, according to preliminary data from Germany’s statistics office Destatis on Thursday. This decline was sharper than analysts’ expectations,
Germany Slashes 2025 GDP Forecast to 0.3% Amid Stagnation
Germany’s economy is struggling to gain momentum, with the government cutting its 2025 GDP growth forecast to just 0.3%, down sharply from the previous projection of 1.1%. Economy and Climate Minister Robert
Fed Expected to Pause Rate Cuts Amid Inflation Concerns
Borrowers hoping for additional Federal Reserve rate cuts may have to wait, as the central bank is expected to hold rates steady at its January 29 meeting. According to FactSet polling, more
Fed to Hold Rates Steady as Trump Pushes for Cuts
The Federal Reserve is expected to keep its key interest rate unchanged at this week’s policy meeting, despite renewed pressure from President Donald Trump to lower borrowing costs. The decision comes as
U.S. Jobless Claims Rise Slightly, Fed Rate Cuts Unlikely
What Happened The number of Americans filing new unemployment claims increased slightly last week, indicating continued strength in the labor market and reducing the likelihood of a Federal Reserve interest rate cut
Japan’s Exports Hit Record as Trade Deficit Shrinks 44%
What Happened Japan recorded its highest-ever exports in 2024, while its annual trade deficit shrank 44% from the previous year, according to the Finance Ministry. Key Trade Figures Trade Trends Trump Tariff
Dollar Holds Steady as Markets Await Trump’s Tariff Decision
What Happened The U.S. dollar remained flat on Wednesday after touching a two-week low, as investors awaited concrete details on President Donald Trump’s proposed tariff plans. The greenback had recently hit a