Germany and France see contraction as euro zone stalls in Q4
The euro zone economy stagnated in the fourth quarter of 2024, registering zero growth, according to preliminary data released by Eurostat on Thursday. The figure...
Tag : Inflation
Trump calls for immediate rate cuts as Fed meeting approaches
The Federal Reserve is expected to keep interest rates steady at the conclusion of its two-day meeting on Jan. 29, signaling a cautious approach as...
Bitcoin drops 5 percent erasing $5,000 in a sudden price slump
Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130...
Japan raises interest rates to 0.5 percent amid inflation concerns
The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The...
Fed minutes reveal concerns over Trump’s policy-driven inflation risks
Federal Reserve officials expressed concerns during their December meeting over potential inflationary pressures stemming from policies proposed by President-elect Donald Trump, according to minutes released...
Crypto liquidations top $483 million as markets react to Fed outlook
Global cryptocurrency markets and technology stocks experienced sharp declines on January 7, 2025, as stronger-than-expected economic data dampened investor expectations for near-term interest rate cuts...
Trudeau announces resignation as Liberal Party leader after nine years
Canadian Prime Minister Justin Trudeau has announced his decision to resign as leader of the ruling Liberal Party, while remaining in office as prime minister...
Gold prices soar 26 percent in 2024 amid economic uncertainty
Gold prices surged by 26% in 2024, marking one of the most significant annual gains in over a decade, fueled by monetary policy shifts and...
Germany’s economic activity sees persistent decline amid weak manufacturing
Germany's economic contraction persisted in December, marking the sixth consecutive month of declining business activity, according to the HCOB German flash composite Purchasing Managers' Index...
Dow Jones rises while Fed decision draws investor focus this week
The Dow Jones Industrial Average and other key U.S. stock indexes opened higher on Monday as investors awaited a crucial Federal Reserve meeting later this...