Economy News

Economy

Chicago Fed's Goolsbee Warns: Tariffs Pose Stagflationary Shock to Economy

Chicago Fed President Austan Goolsbee warns that tariffs could lead to a stagflationary shock, posing unique challenges for the Federal Reserve. He highlights the anxiety in manufa...

Economy

South Korea's Export Economy Faces Double Burden Amid U.S.-China Trade War Tensions

South Korea's export economy is under pressure from the U.S.-China trade war, facing both direct tariffs and indirect competition. Strategic negotiations and adjustments are underw...

Economy

Chicago Fed's Goolsbee Warns: Tariffs Could Trigger Stagflation and Economic Anxiety

Chicago Fed President Austan Goolsbee warns that tariffs could lead to stagflation and economic anxiety, particularly affecting the auto and manufacturing sectors in the Chicago Fe...

Economy

EU and UAE Set to Embark on Groundbreaking Free Trade Negotiations

The European Commission and UAE have agreed to start free trade negotiations, aiming to strengthen EU-UAE relations and expand trade in goods, services, and investments, with a foc...

Economy

Fed's Lorie Logan Alerts: Rising Tariffs May Escalate Inflation and Unemployment

Dallas Federal Reserve President Lorie Logan warns that increased tariffs could lead to higher unemployment and inflation, emphasizing the importance of stable monetary policy to p...

Economy

Codelco Forecasts Surge in Copper Demand from China, Signaling Market Optimism

Codelco, the Chilean copper giant, anticipates a strong demand surge from China in Q2, signaling optimism in the copper market. Prices rebound after a recent low, with futures risi...

Economy

Fed's Schmid Warns: Rising Inflation Expectations Could Challenge Economic Stability

Federal Reserve Bank of Kansas City President Jeff Schmid warns of the dangers of rising inflation expectations and the challenges of maintaining economic stability amidst calls fo...

Economy

US Natural Gas Inventories Surge by 57 Bcf: A Closer Look at the Latest EIA Report

The EIA reports a 57 Bcf increase in US natural gas inventories, with stocks now at 1,830 Bcf. Despite a yearly decrease and being below the five-year average, levels remain within...