Economy News

Economy

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

ECB President Christine Lagarde confirms a unanimous decision to cut interest rates by 25 basis points, with no push for a larger reduction. The impact of tariffs on inflation rema...

Economy

Trump Engages in Productive Talks with Mexican and Japanese Leaders Amid Global Trade Discussions

President Donald Trump highlights productive talks with Mexican President Claudia Sheinbaum and Japanese trade representatives, amid global interest in trade discussions and Italy'...

Economy

Turkey's Bold Move: Central Bank Skyrockets Key Rate to 46% in Inflation Fight

Turkey's central bank raises its key interest rate to 46% to fight inflation, emphasizing a tight monetary stance and fiscal coordination to achieve price stability and a target in...

Economy

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

The US housing market experiences its slowest sales pace in six years, with homes taking 47 days to sell on average in March. Elevated prices, economic uncertainty, and increased s...

Economy

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

The US housing market slows to a six-year low with homes taking 47 days on average to sell in March, influenced by high prices, economic uncertainty, and tariff fears, as per Redfi...

Economy

Turkey's Bold Move: Central Bank Skyrockets Key Rate to 46% to Combat Inflation

Turkey's central bank has raised its key interest rate to 46% in a bold move to tackle inflation, aiming for a 5% target. The bank's tight monetary policy is designed to strengthen...

Economy

Turkey's Bold Move: Central Bank Skyrockets Key Rate to 46% to Combat Inflation

Turkey's central bank has escalated its key interest rate to 46% in a decisive move to curb inflation, emphasizing a tight monetary stance and the importance of fiscal policy coord...

Economy

Bank of Korea Holds Steady: Base Rate Remains at 2.75% Amid Global Uncertainties

The Bank of Korea maintains its base rate at 2.75% amidst global trade tensions and exchange rate volatility, signaling cautious economic stewardship. Market watchers had anticipat...