Federal Reserve Chair Jerome Powell has emphasized that the Fed will not intervene to rescue financial markets, according to reports. In recent statements, Powell warned of potential high […]
Economy
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Dollar Sell-Off Sparks Concerns Over US Economic Trust Under Trump
NEW YORK (AP) — The recent sell-off in the U.S. dollar has raised concerns about a potential loss of investor confidence in the U.S. economy under President Donald […]
Economy
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ECB Cuts Rates Amid Tariff Uncertainty
The European Central Bank (ECB) has once again reduced interest rates, this time to 2.25%, in response to the ongoing trade tensions and tariff uncertainties. This decision comes […]
Economy
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Trump’s Tariffs Pose Challenges for Southeast Asia Amid US-China Tensions
Vietnamese entrepreneur Hao Le’s company, SHDC Electronics, thrives by exporting $2 million worth of phone and computer accessories monthly to the US. However, potential 46% tariffs proposed by […]
Economy
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IMF Warns of Global Economic Weakening and Inflation Due to US Tariffs
The International Monetary Fund (IMF) has projected that rising U.S. tariffs will weaken the global economy and increase inflation this year. IMF Managing Director Kristalina Georgieva stated that […]
Economy
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Japan’s Inflation Surpasses BOJ Target for Third Consecutive Year
Japan’s inflation rose by 3.6% year-on-year in March, marking the third consecutive year it has exceeded the Bank of Japan’s 2% target. The core-core inflation rate, excluding fresh […]
Economy
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IMF Cuts Global Growth Forecast Amid Trade Uncertainty
The International Monetary Fund (IMF) has revised its global growth forecast downward due to heightened trade uncertainties. These uncertainties, described as ‘off the charts,’ stem from ongoing shifts […]
Economy
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European Central Bank Cuts Rates Amid Tariff Uncertainty
The European Central Bank (ECB) has cut interest rates to address tariff uncertainties and a deteriorating growth outlook caused by global trade tensions. This move aims to support […]
Economy
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IMF: No Global Recession Despite Trade Tensions
The International Monetary Fund (IMF) has stated that, despite trade tariff uncertainty being “literally off the charts,” there will not be a global recession. The IMF highlighted in […]
Economy
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Jobless Claims Fall to Two-Month Low as Labor Market Remains Strong Amid Trade Wars
The number of jobless claims has dropped to its lowest point in two months, indicating that the labor market continues to demonstrate resilience despite ongoing trade wars. This […]