A leading figure in Turkey’s business community has raised concerns about the significant challenges posed by the central bank’s stringent monetary policies aimed at curbing inflation. Erdal Bahcivan, chairman of
Italian Prime Minister Giorgia Meloni and her coalition government are grappling with a significant fiscal challenge: a €12 billion ($13.4 billion) budget shortfall. To bridge this gap, they are considering
PBOC Governor Pan Confirms Progress in Mitigating Financial Risks and Emphasizes Economic Confidence
China's central bank governor, Pan Gongsheng, has affirmed that financial risks in critical sectors are being systematically addressed, underscoring the significance of stabilizing market expectations and bolstering confidence to sustain
In July, the U.S. housing market showed signs of stabilization, with sales of previously owned homes increasing for the first time in five months. This uptick suggests that the market
Boston Federal Reserve President Susan Collins indicated that it may soon be appropriate to start reducing interest rates to support a labor market that remains resilient. In a recent interview
For the first time in history, the world’s leading central banks are collectively engaging in quantitative tightening (QT), signaling a significant shift in global monetary policy. This synchronized effort to
Recent data indicates that U.S. job growth over the past year may have been significantly overestimated, putting additional pressure on the Federal Reserve to consider interest rate cuts as early
Several major U.S. agricultural trade groups are urging Canadian Prime Minister Justin Trudeau to intervene and prevent a potential rail strike in Canada that could severely disrupt the flow of
Chile's economy took a downturn in the second quarter of 2024, marking its first quarterly contraction in a year. This 0.6% decline in GDP from the previous quarter highlights growing
Overview: A Modest Increase in Producer Prices In July, U.S. producer prices experienced a modest uptick, rising by just 0.1%, which fell short of economists' expectations. The Bureau of Labor