Economy News

Economy

Turkey's Annual Inflation Drops to 47.09% in November: A Slight Relief Amidst Economic Challenges

Turkey's annual inflation rate dropped to 47.09% in November, down from 48.58% in the previous month. Despite the decline, education and housing prices saw the highest increases, w...

Economy

Fed's Williams: Gradual Policy Adjustments Ahead Amid Economic Stability

Federal Reserve Bank of New York President John C. Williams described the US economy as nearing equilibrium in a speech, emphasizing the Fed's commitment to guiding inflation to it...

Economy

US Job Market Stabilizes in October with 7.7 Million Openings

Job openings in the United States remained relatively unchanged in October, standing at 7.7 million, higher than the expected 7.5 million, according to a report from the Bureau of ...

Economy

Trump's Tariffs Could Weaken the EU Economy, Warns ECB's Cipollone

European Central Bank (ECB) Executive Board member Piero Cipollone warns that import tariffs announced by United States President-elect Donald Trump could weaken the European econo...

Economy

Swiss Inflation Edges Up to 0.7% in November Amid Mixed Price Trends

Switzerland's annual inflation rate rose to 0.7% in November, up from 0.6% in October, according to the Federal Statistical Office. The monthly consumer price index (CPI) decreased...

Economy

ECB's Holzmann Suggests a 'Moderate' Interest Rate Cut is on the Horizon

ECB's Governing Council Member Robert Holzmann suggests a 'moderate' interest rate cut at the upcoming ECB meeting on December 12, with analysts speculating on the exact cut size.

Economy

Japan's Service Sector Sees Growth in November: S&P Global Report

Japan's service sector improved in November, with the main figure rising to 50.5, according to a preliminary report released by S&P Global. The seasonally adjusted figure showed th...

Economy

Fed Governor Kugler: Policy Prepared for Economic Uncertainties

Federal Reserve Governor Adriana D. Kugler has expressed confidence in the current monetary policy's ability to manage uncertainties while pursuing the dual mandate. Speaking at th...