#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Lagarde downplays tariff risk, says euro zone firms will adapt
Higher U.S. tariffs will not knock the euro zone off course, ECB’s President Christine Lagarde said, arguing the bloc is on the cusp of a recovery and that the growth hit from new levies will be small...
Switzerland to pause all U.S.-bound shipments from August 26 over tariffs
Switzerland will stop shipping parcels to the United States starting August 26, after new U.S. tariff rules stripped a key exemption that had allowed small foreign packages to enter the country duty-f...
Thailand’s exports jumped 11 percent in July
Thailand’s exports rose in July and beat expectations as buyers rushed orders ahead of new U.S. duties, the Commerce Ministry said on Monday. Officials warned the pace would cool for the remaining par...
JPMorgan Says Fed Won't Cut Interest Rates in September, Explains Why!
It approached 90% after Fed Chairman Jerome Powell delivered moderate remarks at the Jackson Hole meeting on Friday. While the market expects the Fed to make its first interest rate cut of 2025 in Sep...
India looks to calibrate inflation gauge with Amazon, Flipkart price data
India declared through its Ministry of Statistics and Programme Implementation that it plans to include price data from Amazon and Walmart’s Flipkart when estimating the inflation rate. According to t...
Global stocks slow down as BTC, ETH, dollar, and gold cool off
Global stocks cooled off sharply on Monday as investors paused after Friday’s blowout rally and turned their focus to Nvidia’s earnings. U.S. futures for the Dow dropped by 99 points, or 0.2%. The S&P...
Singapore inflation hits the lowest level in 4 months
Singapore’s core and overall inflation rates fell sharply in July, coming in below analysts’ expectations after holding steady in June. Core inflation, which excludes housing and private transport cos...
Guangdong faces weak growth as US-China trade strains bite
Once an economic hub, Guangdong now shows the strain of China’s shifting economy, with shut-down factories and quiet streets reflecting a wider slowdown across the southern export hub. The United Stat...
New Zealand PM states the Reserve Bank should have trimmed the Official Cash Rate more points.
New Zealand Prime Minister Christoper Luxon believes the Reserve Bank should have gone further, pushing for a 50-basis-point reduction in the OCR. In an interview with NewstalkZB host Mike Hosking, Lu...
Powell signals rate cuts as soon as next month, causing government bonds to rally
U.S. government bonds went up Friday after Fed Chair Jerome Powell said the central bank might cut interest rates as soon as next month. But with important inflation and jobs data still to come, marke...