Economy News

Economy

Federal Reserve Expected to Maintain Interest Rates Amid Inflation and Economic Slowdown

The Federal Reserve is likely to hold interest rates steady amid high inflation and economic slowdown, with potential rate cuts later in the year. President Trump's call for rate r...

Economy

Surge in US Mortgage Applications: An 11% Weekly Increase Signals Market Shift

Mortgage applications in the US increased by 11% last week, with interest rates for 30-year fixed mortgages dropping slightly. The MBA's survey reflects a complex economic environm...

Economy

Surge in German Factory Orders: A 3.6% March Increase Signals Economic Resilience

Germany's factory orders rose by 3.6% in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals saw double-di...

Economy

March Sees a Narrower French Trade Deficit: Exports Rise as Imports Slow Down

France's trade deficit narrowed to €6.25 billion in March, with exports rising by 5.6% and imports by 2.3%. The energy deficit decreased, and the manufactured goods balance improve...

Economy

UK Construction Sector Shows Signs of Recovery with Slight PMI Increase in April

The UK construction sector showed signs of a slight recovery in April, with the PMI increasing to 46.6 from 46.4 in March. Civil engineering was the weakest sector, while residenti...

Economy

Eurozone Retail Sales Dip Slightly in March, With Varied Performance Across Member States

In March, Eurozone and EU retail trade saw a slight monthly decline but annual growth. Sector performances varied, with automotive fuel sales up. Slovenia, Estonia, and Slovakia sa...

Economy

Federal Reserve Expected to Maintain Steady Rates Amid Inflation and Economic Slowdown

The Federal Reserve is expected to hold interest rates steady at 4.25% to 4.5% in May, focusing on inflation targets amidst economic slowdown and political pressures for rate cuts.

Economy

Surge in US Mortgage Applications: An 11% Weekly Increase Signals Market Shift

US mortgage applications surged by 11% last week, with interest rates for 30-year fixed mortgages dropping slightly. The Purchase and Refinance Indices both saw increases, indicati...