economic outlook News

Fed's Musalem Warns: Rising Tariffs Could Spark New Inflation Wave Amid Economic Softening

Federal Reserve Bank of St. Louis President Alberto Musalem warns of potential inflation resurgence due to new tariffs, despite a softening labor market. Concerns include limited d...

Fed's Musalem Warns of Potential Inflation Surge Amid New Tariffs and Economic Softening

Federal Reserve Bank of St. Louis President Alberto Musalem warns of a potential reacceleration of inflation due to new tariffs and economic softening, despite a softening labor ma...

Fed's Musalem Warns of Potential Inflation Spike Amid New Tariffs and Economic Uncertainties

Federal Reserve's Alberto Musalem warns of potential inflation reacceleration due to new tariffs and economic uncertainties, despite a softening labor market. He highlights challen...

April's Alarming Drop in US Consumer Confidence Signals Economic Worries

A preliminary report from the University of Michigan shows a continued decline in US consumer confidence in April, raising concerns about the economic outlook. Analysts warn this c...

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.

BoE's Sarah Breeden: Assessing US Tariffs' Impact on UK Inflation Remains Premature

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, noting it's too early for a full assessment. She highlights the significant effect on ...

Fitch Ratings: Western European Banks Show Resilience Amid Rising US Tariff Uncertainties

Fitch Ratings reports Western European banks are resilient against US tariff uncertainties, with strong performance and asset quality. However, economic indicators could shift the ...

Fitch Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, reflecting confidence in government support and financial resilience despite economic challenges.

Fitch Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, signaling confidence in their future performance and government support, despite economic challenges.

Fitch Upgrades Outlook for Six Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, reflecting confidence in government support and the banks' financial stability despite economic challe...

Fitch Ratings Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, reflecting confidence in government support and the banks' financial health, despite broader economic ...

Fitch Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Challenges

Fitch Ratings has improved the outlook for six major Chinese banks to Stable, reflecting confidence in government support and better financial health amidst economic challenges.

Fitch Upgrades Outlook for Six Major Chinese Banks to Stable Amid Economic Optimism

Fitch Ratings has changed its outlook for six major Chinese banks from Negative to Stable, reflecting confidence in government support and financial stability despite recent econom...

Fitch Upgrades Outlook for Six Chinese Banks to Stable Amid Economic Optimism

Fitch Ratings has upgraded the outlook for six major Chinese banks to Stable, reflecting confidence in government support and the banks' financial stability despite China's recent ...

Gold Prices Soar to Unprecedented Heights: A 21% Surge in Vietnam and Global Records Shattered

Gold prices in Vietnam have surged by over 21% this year, with global prices hitting record highs. Analysts express concerns over stagflation and its impact on the market.

S&P Global Ratings Warns: 25% Chance of US Recession in the Coming Year Amid Policy Uncertainties

S&P Global Ratings forecasts a 25% chance of the US facing a recession in the next 12 months, citing policy uncertainties as a major risk to the economic outlook.

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Concerns

US consumer confidence plummeted in March to its lowest since January 2021, with rising inflation and economic worries dampening future expectations. The Conference Board reports a...

Jerome Powell Downplays Tariff Impact, Calls Inflation Effects Transitory

Federal Reserve chief Jerome Powell reassures that the inflationary impact of tariffs is likely temporary, amidst concerns over the US economic outlook and trade tensions. The Fed ...

Bessent Announces Tariff Numbers for Targeted Countries Effective April 2

US Treasury Secretary Scott Bessent announced that targeted countries will receive specific tariff numbers by April 2. He also discussed the economy's health and Trump's directive ...

Bessent Announces Tariff Numbers for Each Country Starting April 2 Amid Trade Restrictions

US Treasury Secretary Scott Bessent announced that each country affected by US trade restrictions will be assigned a tariff number starting April 2. He discussed the economic outlo...

Dow Surges 500 Points in Premarket as Cooling CPI Data Sparks Market Optimism

The Dow Jones Industrial Average surged by 500 points in premarket trading following the release of the latest CPI data, which showed a slight decrease in inflation rates. This dev...

Wall Street Dips as Investors Await Crucial Jobs Data Amid Recession Fears

Wall Street opened lower as investors await crucial jobs data amid recession fears. Major indices and key stocks saw declines, while the euro strengthened against the dollar. Small...

Kevin Hassett Predicts Resolution of Trade Uncertainty by Early April

Kevin Hassett, Director of the United States National Economic Council, anticipates the resolution of trade policy uncertainty by early April, with new tariffs effective April 2. H...

Federal Reserve's Harker: Inflation Target Progress Slows, Economic Outlook Remains Positive

Patrick Harker, President of the Federal Reserve Bank of Philadelphia, discusses the slowed progress towards the 2% inflation target, emphasizing the current policy rate's neutral ...

February Sees a Boost in Italian Consumer Confidence, Surpassing Expectations

Italy's consumer confidence index improved to 98.8 in February, surpassing expectations. While some sectors like manufacturing saw growth, others such as construction and retail tr...

Fed Chair Jerome Powell Emphasizes No Rush to Alter Monetary Policy Amid Economic Assessments

Federal Reserve Chair Jerome Powell, in his Senate Banking Committee address, reiterated the Fed's cautious stance on monetary policy adjustments, emphasizing a data-driven approac...

US Tariffs Pose Threat to European Economy, ECB Vice President Warns

ECB Vice President Luis de Guindos warns that new US tariffs and escalating trade tensions could negatively impact the global and European economies, highlighting the high level of...

January Sees a Dip in US Consumer Confidence: What's Behind the Numbers?

The University of Michigan reports a decline in the US Consumer Sentiment Index for January, dropping to 71.1 from a preliminary estimate of 73.2, indicating a shift in consumer co...

January Sees a Sharp Decline in UK Consumer Confidence, GfK Survey Reveals

The latest GfK survey indicates a notable decline in UK consumer confidence in January, with the index dropping by five points to negative 22, signaling growing economic concerns a...

India's Economic Horizon: Deloitte Forecasts GDP Growth Between 6.5% to 6.8% in 2024-25

Deloitte India forecasts India's GDP growth between 6.5% to 6.8% for the fiscal year 2024-25, amidst global economic uncertainties. Challenges include election uncertainties and we...

Global Economic Growth Forecasted at 3.3% in 2025 and 2026 by IMF

The IMF forecasts a global economic growth of 3.3% in 2025 and 2026, with the US and China leading the charge. Inflation is expected to decrease, but long-term fiscal adjustments i...

Dow Futures Soar Over 500 Points Following Positive CPI Report Release

US stock futures surged following the release of the latest CPI report, with the Dow Jones Industrial Average up by 1.23%. The core CPI increased by 3.2% in December, aligning with...