Economy News

Economy

China's Monetary Policy Shift: Looser Policy and Enhanced Fiscal Support in 2025

China's Politburo announces a shift to a 'moderately loose' monetary policy and a more proactive fiscal approach in 2025, aiming to boost economic consumption, stabilize the real e...

Economy

El Salvador's $1.3B IMF Loan: Bitcoin Reforms and Fiscal Adjustments

El Salvador is close to securing a $1.3 billion loan agreement with the IMF, subject to Bitcoin reforms and fiscal adjustments. This could unlock additional funds from the World Ba...

Economy

China's Trade Surplus Soars to $97.44B in November: A Closer Look

China's trade surplus rose to $97.44 billion in November, up from $95.27 billion in October, surpassing expectations. Exports increased by 6.7% in dollar terms, while imports decli...

Economy

Australia's Central Bank Maintains Steady Rates Amid Softened Stance

The Reserve Bank of Australia (RBA) decided to keep rates steady, maintaining the cash rate at 4.35% and the interest rate on Exchange Settlement balances at 4.25%. The RBA's polic...

Economy

Germany's November Inflation Hits 2.2%, Services Prices Surge

Germany's annual inflation confirmed at 2.2% in November, with services prices surging by 4%. Energy prices declined by 3.7%, while food prices increased by 1.8%. Core CPI rose by ...

Economy

BoE's Ramsden Warns of Vulnerabilities in UK Gilt Markets

Bank of England's Deputy Governor for Markets and Banking, Dave Ramsden, highlights the orderly functioning of UK's gilt markets but warns of vulnerabilities that could lead to sys...

Economy

October Sees a Modest 0.2% Increase in US Wholesale Inventories

US wholesale inventories increased by 0.2% in October, reaching $905 billion, in line with analysts' expectations. Sales decreased by 0.1% to $675.1 billion, while the inventory-to...

Economy

China's Trade Surplus Hits Record High in November: What's Driving the Surge?

China's trade surplus surged to $97.44 billion in November, up from $95.27 billion in October, surpassing expectations. Exports increased by 6.7% and imports declined by 3.9% year-...