Economy News

Economy

US Housing Market Shows Resilience: January Sees a 0.2% Rise in Home Prices

The US housing market saw a 0.2% increase in house prices in January, with regional variations highlighting the dynamic nature of the market. The West North Central division led mo...

Economy

Federal Reserve's Kugler Highlights Slowdown in Inflation Progress Towards 2% Target

Federal Reserve Governor Adriana Kugler reports a slowdown in progress toward the 2% inflation target, with some subcategories seeing accelerated price increases. Consumer expectat...

Economy

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Concerns

US consumer confidence plummeted in March to its lowest since January 2021, with rising inflation and economic worries dampening future expectations. The Conference Board reports a...

Economy

February Sees a 1.8% Rise in US New Home Sales, Signaling a Robust Housing Market

In February, US new home sales grew by 1.8% month-on-month, reaching a seasonally adjusted annual rate of 676,000. The median sales price was $414,500, with an 8.9-month supply at ...

Economy

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Fears

US consumer confidence plummeted in March to its lowest since January 2021, with inflation expectations rising. The Conference Board reports a significant drop in both present situ...

Economy

February Sees a 1.8% Rise in US New Home Sales, Signaling Market Resilience

The US housing market shows resilience with a 1.8% increase in new home sales in February, reaching a seasonally adjusted annual rate of 676,000, as reported by the Census Bureau a...

Economy

Fed Governor Kugler Warns: Inflation Target Progress Slows Amid Rising Consumer Expectations

Federal Reserve Governor Adriana Kugler discusses the slowdown in progress towards the 2% inflation target, citing rising consumer expectations and trade policy uncertainties, whil...

Economy

EU Invests €22.5 Billion in 47 Projects to Secure Future of Critical Raw Materials

The European Commission invests €22.5 billion in 47 projects across 13 EU countries to secure critical raw materials, aiming for self-sufficiency by 2030 with streamlined permittin...