Economy News

Economy

Trump's Strategic Tariffs: A Calculated Move to Forge Complex Trade Deals, Says WH Aide

White House economic advisor Stephen Miran discusses Trump's tariff strategy as a means to develop complex trade deals, expresses confidence in the economy, and comments on market ...

Economy

U.S. Jobless Claims Edge Up to 223,000: What This Means for the Economy

Initial jobless claims in the U.S. increased by 4,000 to 223,000 for the week ending April 5, with the 4-week moving average unchanged. The insured unemployment rate remained at 1....

Economy

BoE's Breeden Warns: US Tariffs' Inflation Impact on UK Remains Uncertain

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, highlighting potential economic risks and the resilience of the UK banking system.

Economy

Fed's Logan Warns: Rising Tariffs Could Spark Inflation and Unemployment Surge

Dallas Federal Reserve President Lorie Logan warns that increased tariffs could lead to higher unemployment and inflation, stressing the importance of preventing these measures fro...

Economy

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

Federal Reserve Bank of Kansas City President Jeff Schmid warns of the risks posed by rising inflation expectations, emphasizing the difficulty in containing inflation once it's em...

Economy

US Natural Gas Stocks See Significant Weekly Increase, EIA Reports

The EIA reports a 57 Bcf increase in US natural gas inventories for the week ending April 4, totaling 1,830 Bcf. Despite this rise, stocks are down 450 Bcf from last year and sligh...

Economy

Fed's Bowman Advocates for Customized Bank Supervision to Tackle Financial Risks

Federal Reserve Governor Michelle Bowman testified on the need for a tailored approach to bank supervision, focusing on core financial risks and reducing regulatory complexity to l...

Economy

Fed's Bowman Questions the Economic Impact of Trump's Tariffs Amid Strong Growth Signals

Federal Reserve Governor Michelle Bowman discusses the unclear economic impact of Trump's tariffs amidst strong economic indicators, including solid growth and low unemployment, du...