Economy News

Economy

EU and UAE Set to Embark on Groundbreaking Free Trade Negotiations

The European Commission and UAE have agreed to start free trade negotiations, aiming to strengthen EU-UAE relations and expand trade in goods, services, and investments, with a foc...

Economy

Fed's Lorie Logan Alerts: Rising Tariffs May Escalate Inflation and Unemployment

Dallas Federal Reserve President Lorie Logan warns that increased tariffs could lead to higher unemployment and inflation, emphasizing the importance of stable monetary policy to p...

Economy

Codelco Forecasts Surge in Copper Demand from China, Signaling Market Optimism

Codelco, the Chilean copper giant, anticipates a strong demand surge from China in Q2, signaling optimism in the copper market. Prices rebound after a recent low, with futures risi...

Economy

Fed's Schmid Warns: Rising Inflation Expectations Could Challenge Economic Stability

Federal Reserve Bank of Kansas City President Jeff Schmid warns of the dangers of rising inflation expectations and the challenges of maintaining economic stability amidst calls fo...

Economy

US Natural Gas Inventories Surge by 57 Bcf: A Closer Look at the Latest EIA Report

The EIA reports a 57 Bcf increase in US natural gas inventories, with stocks now at 1,830 Bcf. Despite a yearly decrease and being below the five-year average, levels remain within...

Economy

Fed's Michelle Bowman Advocates for Customized Bank Supervision to Reduce Overlapping Regulations

Federal Reserve Governor Michelle Bowman calls for a tailored approach to bank supervision to address overlapping regulations and reduce costs, during her nomination hearing before...

Economy

Federal Reserve's Bowman Highlights Uncertainty Over Trump Tariffs' Economic Impact

Federal Reserve Governor Michelle Bowman discusses the unclear economic impact of Trump's tariffs, noting strong economy and low unemployment but uncertainty over future effects.

Economy

Codelco Forecasts Surge in Copper Demand from China Amid Price Rebound

Codelco anticipates a strong demand for copper from China in Q2, with prices rebounding after a recent low. The chairman's comments at the CRU conference highlight China's active p...