Economy News

Economy

Historic Gold Price Surge in Vietnam Sparks Buying Frenzy Among Locals

Vietnam is experiencing a gold rush as prices reach historic highs, with locals queuing to buy gold amidst global economic uncertainties. Retail investors and buyers are capitalizi...

Economy

Swiss National Bank Slashes Interest Rates to Historic Low of 0.25% Amid Inflation Concerns

The Swiss National Bank has cut its policy rate to a historic low of 0.25% to address low inflation and economic risks, with forecasts showing gradual inflation increase and steady...

Economy

ECB's Lagarde Warns US Tariffs Could Slash EU Growth by 0.3%

ECB President Christine Lagarde warns that US tariffs on European imports could reduce the Eurozone's growth by 0.3 percentage points, with potential EU retaliatory measures exacer...

Economy

Christine Lagarde Calls for Rapid Advancement in Digital Euro to Safeguard Europe's Financial Sovereignty

ECB President Christine Lagarde emphasizes the need for accelerating the digital euro's development to protect Europe's financial sovereignty, highlighting the importance of a legi...

Economy

ECB's Disinflation Strategy: A Closer Look at the Progress and Future Directions

The European Central Bank (ECB) reports significant progress in its disinflation process, highlighting strategic monetary policies and regulatory measures aimed at stabilizing the ...

Economy

February Sees a 0.7% Surge in German Producer Prices, Driven by Consumer Goods

Germany's producer prices saw a 0.7% increase in February, driven by higher costs for non-durable consumer goods and a notable rise in food prices. Energy prices, however, declined...

Economy

UK Job Market Holds Steady: Unemployment Rate Stays at 4.4% in January

The UK's unemployment rate held steady at 4.4% in January, with employment rates rising to 75% and economic inactivity dropping to 21.5%. Job vacancies remained stable, and average...

Economy

February Sees a 0.7% Surge in German Producer Prices, Fueling Economic Optimism

Germany's producer prices rose by 0.7% in February, driven by higher costs for non-durable consumer goods and food prices, despite a decrease in energy prices. This indicates a pot...