The latest Baker Hughes report indicates a slight decrease in the US oil rig count to 478, with a significant annual drop of 19 rigs, highlighting the evolving dynamics of the US o...
US industrial production increased by 0.9% in December, with manufacturing, mining, and utilities sectors all showing growth. Capacity utilization rose to 77.6%, indicating a posit...
The IMF forecasts a global economic growth of 3.3% in 2025 and 2026, with the US and China leading the charge. Inflation is expected to decrease, but long-term fiscal adjustments i...
The IMF forecasts that the Bank of England will implement quarterly rate cuts in 2025 to sustain economic stability, projecting UK's growth at 1.6% in 2025 and 1.5% in 2026.
The US housing market witnessed a 15.8% increase in housing starts in December, reaching a seasonally adjusted annual rate of 1,499,000. Despite a year-over-year decrease, single-f...
Cleveland Fed President Beth Hammack calls for patience on further rate cuts, citing unresolved inflation and rate-of-change issues. Despite market expectations, she voted against ...
Deutsche Bundesbank President Joachim Nagel calls for structural reforms to revive the German economy, highlighting a period of weakness and the need for confidence-building econom...
The Eurozone's inflation rate rose to 2.4% in December, up from 2.2% in November, with the EU's annual inflation reaching 2.7%. Romania, Hungary, and Croatia reported the highest r...
