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  Category: Economy

Economy

Economy

Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows

July 2, 20250

Fruit and vegetables are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | Afp | Getty ImagesAmericans grew le...

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Economy

Bulgaria is set to join the euro zone. But its citizens aren’t convinced

June 30, 20250

A person beats a drum with the euro logo crossed out in red on the drumhead during a demonstration against Bulgaria entering the Eurozone in Sofi...

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Economy

Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows

June 28, 20250

Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's target, according t...

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Economy

World Bank sharply cuts global growth outlook on trade turbulence

June 26, 20250

Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Ger...

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Economy

Fed Governor Bowman favors July interest rate cut if inflation stays low

June 25, 20250

Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets and Policy even...

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Economy

U.S. inflation rises 0.1% in May from prior month, less than expected

June 23, 20250

Consumer prices rose less than expected in May as President Donald Trump's tariffs had yet to show significant impact on inflation, the Bureau of...

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Economy

Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

June 21, 20250

U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1, 2025. Kevin Lamarque | ReutersP...

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Economy

Retail sales fell 0.9% in May, worse than expected, as consumers pulled back

June 20, 20250

Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumer spending pulled back sharply in M...

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Economy

The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect

June 18, 20250

Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on June 0...

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Economy

UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher

June 16, 20250

LONDON, UNITED KINGDOM - MARCH 26, 2025: Britain's Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement o...

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