Economy News

Economy

March Sees a Sharp 11.4% Decline in US Housing Starts, Signaling Market Slowdown

The US housing market experienced an 11.4% monthly drop in starts in March, with single-family starts down by 14.2%. Building permits rose slightly, but single-family permits fell....

Economy

Lagarde Warns of Exceptional Uncertainty in Euro Area Amid US Tariff Threats

ECB President Christine Lagarde warns of exceptional economic uncertainty in the euro area, partly due to unclear US tariff impacts. While first-quarter growth is likely, tariffs m...

Economy

ECB's Lagarde Highlights 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 weak market dynamics, despite some signs of stabilization in man...

Economy

ECB Unanimously Cuts Interest Rates: Lagarde Reveals No Push for Deeper Cuts Amid Inflation Debates

ECB President Christine Lagarde confirms a unanimous decision to cut interest rates by 25 basis points, with no push for deeper cuts. Discussions included pausing cuts or larger re...

Economy

Lagarde Warns of Exceptional Uncertainty in Euro Area Economy Amid US Tariffs

ECB President Christine Lagarde warns of exceptional uncertainty in the euro area economy due to US tariffs, with potential impacts on consumer spending and investment. She calls f...

Economy

US Job Market Shows Resilience: Initial Jobless Claims Drop to 215,000, Signaling Economic Strength

The US labor market shows signs of strength as initial jobless claims drop by 9,000 to 215,000, with the 4-week moving average also declining. The insured unemployment rate remains...

Economy

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

The European Central Bank cuts key interest rates by 25 basis points, aiming for economic stability despite growing trade tensions and uncertainty affecting growth forecasts.

Economy

ECB's Lagarde Warns of Heightened Economic Risks Amid Global Tensions and Market Weakness

ECB President Christine Lagarde warns of increased economic risks in the eurozone due to global tensions and weak markets, despite some positive signs in manufacturing and spending...