Inflation Persists: Bowman's Cautionary Words on Fed's 2% Goal
Federal Reserve Governor Michelle Bowman warns that inflation remains 'uncomfortably' above the central bank's 2% goal, emphasizing the importance of a cautious approach to monetar...
Economy News
Goolsbee Warns: Crypto Assets Lack Economic Impact, Pose Stability Risks
Federal Reserve Bank of Chicago President Austan Goolsbee discusses cryptocurrency, highlighting its limited macroeconomic impact and speculative nature. He warns against linking v...
Japan's BOP Trade Deficit Narrows to ¥155.7B in October
Japan's trade deficit on a balance of payments basis improved to ¥155.7 billion in October, down from ¥315.2 billion in the previous month. Exports rose by 2.9% year-on-year, while...
China's 2025 Economic Strategy: Looser Monetary Policy and Enhanced Fiscal Support
China's Politburo has announced plans to adopt a "moderately loose" monetary policy and a more proactive fiscal approach in 2025, aiming to boost economic consumption and stabilize...
Japan's Economy Shows Encouraging Growth in Q3, Surpassing Expectations
Japan's GDP grew by 0.3% in Q3 compared to Q2, with a 1.2% annual increase, surpassing expectations. The growth was driven by a 0.7% rise in private consumption and a 0.6% increase...
China's Inflation Rate Dips to 0.2% in November, Raising Economic Concerns
China's annual inflation rate came in slightly lower than expected at 0.2% in November, decreasing from the 0.3% figure registered last month, according to the country's National B...
US Oil Rig Count Sees Modest Increase, But Annual Decline Continues
The number of oil rigs in the United States saw a modest increase last week, according to the latest data from Baker Hughes. The rig count rose by five to 482 in the week ending De...
Thailand FDA Clears Shine Muscat Grapes: Safe for Consumption
Thailand's FDA has approved imported Shine Muscat grapes for consumption after chemical residue tests. Public concern arose when the Thailand Consumers' Council found hazardous che...
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