Economy News

Economy

Australia's Trade Surplus Soars to A$7 Billion in November, Surpassing Expectations

Australia's trade surplus reached A$7 billion in November, exceeding expectations and showing a significant increase from October's figures. Imports rose by 1.7%, while exports sur...

Economy

Federal Reserve Raises Alarm: Trump's Policies May Ignite Inflation and Delay Rate Cuts

Federal Reserve officials express concerns over the inflationary impacts of President-elect Donald Trump's trade and immigration policies, as discussed in the December US Federal O...

Economy

ECB's Villeroy Predicts Eurozone Neutral Rate Achievement by Summer

Francois Villeroy de Galhau of the ECB forecasts that the Eurozone could reach the neutral interest rate by summer, assuming the downward trend in inflation persists. This projecti...

Economy

US Natural Gas Stocks Drop by 40 Bcf: A Detailed Look at EIA's Latest Report

The Energy Information Administration reports a 40 Bcf decrease in US natural gas inventories for the week ending January 3, with annual figures down by 3 Bcf and stockpiles above ...

Economy

Janet Yellen Suggests COVID-19 Stimulus May Have Slightly Fueled Inflation

Treasury Secretary Janet Yellen discusses the potential impact of COVID-19 stimulus measures on inflation, emphasizing the pandemic's role as the main driver. She also comments on ...

Economy

US Wholesale Inventories Dip: A November Overview and What It Means for the Economy

In November, US wholesale inventories slightly decreased by 0.2%, reaching $901.6 billion, as reported by the US Census Bureau. Sales of merchant wholesalers increased by 0.6%, wit...

Economy

Canada's Economy on the Line: LeBlanc Warns of US Tariffs Impact

Canada's Minister of Finance Dominic LeBlanc warns of the serious threat US tariffs pose to Canada's economy and workers, calling for unified efforts to protect trade ties.

Economy

U.S. Job Market Shows Strength: Initial Jobless Claims Drop to 201,000

The U.S. job market shows signs of strength with initial jobless claims dropping to 201,000, below expectations. The 4-week moving average also decreased, indicating a positive tre...