Menu

Best of the week

China’s Trade Surplus Soars to $96.18 Billion

China’s Trade Surplus Soars to $96.18 Billion

China’s trade surplus climbed to $96.18 billion in April 2025,...

Bank of England Cuts Interest Rate to 4.25%

Bank of England Cuts Interest Rate to 4.25%

In its May 2025 meeting, the Bank of England (BoE)...

Home / News / Economic
US Core PCE Inflation Remains Steady in December 2024

US Core PCE Inflation Remains Steady in December 2024

In December 2024, the core PCE price index in the United States, which excludes food and energy prices, rose by 0.2% from the previous month. This increase was in line with market expectations and marked a slight pickup from the...
Read more
Germany’s Inflation Rate Falls to 2.3% in January 2025

Germany’s Inflation Rate Falls to 2.3% in January 2025

Germany’s Inflation dropped to 2.3% in January 2025, down from 2.6% in December, according to preliminary estimates. This decline was steeper than market expectations of 2.6%, signaling a continued easing of inflationary pressures. The latest figures reflect ongoing shifts in...
Read more
Gold Hits All-Time High Amid Global Economic Uncertainty

Gold Hits All-Time High Amid Global Economic Uncertainty

Gold surged to an all-time high of $2,800 per ounce on Friday, driven by growing investor concerns over geopolitical and economic stability. The rally was sparked by U.S. President Donald Trump’s recent reiteration of tariff threats, reigniting fears of potential...
Read more
ECB Cuts Interest Rates: A Cautious Step Toward Stability

ECB Cuts Interest Rates: A Cautious Step Toward Stability

In January 2025, the European Central Bank (ECB) lowered its key interest rates by 25 basis points, aligning with market expectations. The deposit facility rate now stands at 2.75%, the main refinancing rate at 2.90%, and the marginal lending rate...
Read more
Germany’s Economy Contracts: A Deeper Look at the Challenges

Germany’s Economy Contracts: A Deeper Look at the Challenges

Germany’s Economy Contracts by 0.2% in the final quarter of 2024, following a modest 0.1% expansion in Q3. This contraction was sharper than analysts’ expectations of a 0.1% decline, according to preliminary estimates. The primary driver of this downturn was...
Read more