Economy News

Economy

Rising Tariffs and Trade Shifts: A New Challenge for UK Inflation and Monetary Policy

Swati Dhingra from the Bank of England warns that rising tariffs and trade fragmentation could disrupt global supply chains, increase import costs, and complicate monetary policy, ...

Economy

US Treasury's $44 Billion 7-Year Note Auction Yields 4.194%, Signaling Strong Market Confidence

The US Treasury's latest $44 billion 7-year note auction yielded 4.194%, reflecting strong market confidence. Direct bidders saw an increase in awarded bids to 25.2%, while indirec...

Economy

Fed's Barkin Advocates for Cautious Rate Strategy Amid Inflation Uncertainties

Federal Reserve Bank of Richmond President Tom Barkin discusses the challenges of managing inflation and interest rates amidst economic uncertainties, including tariffs and labor s...

Economy

January Sees a 1% Drop in French Producer Prices, Signaling Economic Shifts

French industry production prices decreased by 1% in January compared to the previous year, with a notable 2.1% drop in the home market. However, monthly data shows a slight recove...

Economy

February Sees a Boost in Italian Consumer Confidence, Surpassing Expectations

Italian consumer confidence index rose to 98.8 in February, exceeding expectations. While the manufacturing sector saw a slight increase, other sectors like construction and retail...

Economy

February Sees a Surge in Eurozone Consumer Confidence: A Glimpse into Economic Recovery

February marked a positive shift in Eurozone consumer confidence, with indicators rising to a negative 13.6, alongside improvements in economic sentiment. However, employment expec...

Economy

President Trump Imposes 25% Tariffs on EU Cars and Imports, Citing Unfair Trade Practices

President Donald Trump has imposed a 25% tariff on EU automobiles and imports, citing unfair trade practices. This decision, announced during a cabinet meeting, aims to address the...

Economy

US Treasury Achieves Strong Demand with $44 Billion 7-Year Notes Auction at 4.194% Yield

The US Treasury auctioned $44 billion in 7-year notes at a high yield of 4.194%, with direct and indirect bidders showing strong participation. The median yield was 4.148%, and the...