Economy News

Economy

ECB's Lagarde Warns of Growing Economic Risks Amid Geopolitical Tensions and Market Weakness

ECB President Christine Lagarde warns of heightened economic risks in the eurozone due to geopolitical tensions and market weakness, despite some signs of stabilization in manufact...

Economy

ECB Unanimously Cuts Interest Rates: Lagarde Reveals No Push for Larger Cut

ECB President Christine Lagarde confirms a unanimous 25 basis point interest rate cut, with no push for a larger reduction. The impact of tariffs on inflation remains unclear as th...

Economy

Lagarde Advocates for Zero Tariff Strategy Amid Rising Global Trade Tensions

European Central Bank President Christine Lagarde proposes a zero-for-zero tariff offer as the EU's response to increasing global trade tensions. She warns of the negative demand s...

Economy

Lagarde Advocates for Zero Tariff Strategy Amid Rising Global Trade Tensions

ECB President Christine Lagarde proposes a zero-for-zero tariff strategy to counter global trade tensions, citing rising tariffs and economic shifts as key challenges. She also dis...

Economy

Turkey's Bold Move: Central Bank Elevates Key Rate to 46% Amid Inflation Battle

Turkey's central bank raises the key interest rate to 46% in a bold step to fight inflation, aiming for price stability and a sustained decline in inflation, with current rates at ...

Economy

US Housing Market Hits Six-Year Low: Tariff Fears and Economic Uncertainty Slow Sales

The US housing market is slowing down, with homes taking longer to sell due to high prices, economic uncertainty, and increased supply. Only 27% of buyers paid over asking in March...

Economy

ECB Slashes Interest Rates Amid Trade Tensions: A Bold Move Towards Economic Stability

The European Central Bank has cut interest rates by 25 basis points, aiming to stabilize inflation at 2%. However, rising trade tensions pose risks to economic growth, prompting a ...

Economy

US Job Market Shows Resilience as Initial Jobless Claims Drop to 215,000

The US Department of Labor reports a decrease in initial jobless claims to 215,000, showcasing a resilient job market. The insured unemployment rate stays at 1.2%, with a slight up...