Brief US Shutdown: Limited Impact on Public Finance Entities
Fitch Ratings reports that a brief US government shutdown is unlikely to harm most public finance entities, but prolonged shutdowns could impact those relying on federal support fo...
Economy News
IMF Approves $1.1 Billion for Ukraine's Budget Amid Ongoing Conflict
The IMF has approved $1.1 billion for Ukraine's budget support, highlighting the country's resilient economy despite the ongoing conflict with Russia. This allocation is part of a ...
Fed's Goolsbee: Inflation to Shape Future Interest Rates
Fed's Goolsbee predicts inflation and unemployment will shape monetary policy, with a judicious loosening expected by 2025. He emphasizes maintaining labor market stability and adj...
December Sees a Decline in Eurozone Consumer Confidence: What's Behind the Dip?
The European Commission reports a decline in the Eurozone's consumer confidence index for December, dropping to negative 14.5 points from the previous month's negative 13.7.
December Sees No Change in US Consumer Confidence: What's Behind the Stagnation?
US consumer confidence remains unchanged in December, despite economic growth indicators. Economists are seeking reasons behind this unexpected stagnation.
US Personal Spending Surges by 0.4% in November: A Closer Look at the Numbers
The US Bureau of Economic Analysis reports a 0.4% increase in personal consumption expenditures in November, with the PCE price index rising by 0.1% monthly and 2.4% annually.
Switzerland and EU Reach Historic Trade Deal: What's in it for Both Parties?
Switzerland and the EU have reached an agreement to strengthen bilateral relations, enhancing Bern's access to the bloc's internal market and participation in EU programs.
Russia's Central Bank Holds Key Interest Rate at 21% Amid Inflationary Pressures
The Bank of Russia maintains its key interest rate at 21%, aiming to manage inflation and stimulate economic activity. The central bank will evaluate future rate adjustments based ...
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