The Latest Breaking News from Economy

IMF says inflation has dropped from 70 percent, economy expanded in the second half of 2023.

Asian markets mostly fell Friday after data pointing to a still-strong US economy raised fresh concerns about inflation and dampened optimism that the Federal Reserve will slash interest rates as much as it expected this year.

Norway's central bank keeps key interest rate unchanged at 0.50% due to global uncertainties, potential rate cut in September.

Germany faces recession risk as Bundesbank warns of delayed economic recovery and external challenges impacting export-driven economy.

Bank of England's positive inflation outlook hints at potential interest rate cuts for UK economy.

US Treasury yield curve inversion, the longest on record, sparks concerns of an economic downturn and recession. Investors and analysts closely monitor its...

Germany's PMI data for March shows signs of improvement in economic downturn, offering hope for potential recovery amidst ongoing challenges.

Chinese President Xi Jinping will visit France and Italy in May in a bid to improve faltering relations with the European Union, which are impacting EU trade with the world's second-largest economy. Analysts say European companies in China are facing more uncertain business conditions, forcing them to devote more resources…

Federal Reserve Chair Jerome Powell said financial conditions are weighing on the economy, giving the S&P 500 rally more room to run.