Despite a surprise increase in Spain's inflation rate, the European Central Bank (ECB) is still expected to cut interest rates later today, as reported by The Wall Street Journal. Spain's harmonized inflation rate, measured to EU standards, rose to 2.9% in January, up from 2.

France's economic growth slowed in the fourth quarter of 2024 as the post-Olympics economic boost waned, according to preliminary data released by INSEE, the country's statistics agency, Reuters reports. However, strong consumer spending cushioned the slowdown, providing a glimmer of hope for domestic demand. The eurozone&

The US economy likely experienced slower growth in the fourth quarter, as reported by Reuters. A surge in imports and a strike at Boeing, which disrupted aircraft spending, contributed to the slowdown. However, robust consumer spending, fueled by a resilient labor market, suggests the Federal Reserve will maintain a gradual

China's central bank kept its key policy rate unchanged on Friday while injecting billions into the financial market, signaling a potential shift toward longer-term stability in benchmark rates, The Wall Street Journal reports. The People's Bank of China (PBOC) injected 200 billion yuan (approximately $27.44

Larry Fink, BlackRock Inc.'s Chief Executive Officer, is cautiously optimistic about the US economy, suggesting that the Federal Reserve may need to raise interest rates later down the line despite near-term cuts, Bloomberg reports. Speaking at a panel discussion at the World Economic Forum in Davos, Switzerland, Fink

Despite a short-lived uptick in births in 2023, China is poised to witness a renewed decline in its birth rate this year, according to experts, as reported by the South China Morning Post. While the full-year figures have yet to be released, demographers warn that the modest rise observed last

China is set to lower its inflation target for the first time since 2004, signaling a more realistic approach to combatting deflationary pressures, Bloomberg reports. The shift comes as the world's second-largest economy struggles to overcome weak consumer demand and a prolonged property slump. Almost all of China&

The Bank of Japan (BOJ) raised its key policy rate to a nine-year high on Friday, fueling expectations for further hikes and offering support to the yen. This move, as reported by Bloomberg, is viewed as a response to the central bank's more optimistic outlook on inflation. The

With China's traditional economic growth drivers sputtering, the country should further empower its manufacturing sector to remain competitive, according to Zhu Min, a former deputy governor of the People’s Bank of China and deputy managing director of the International Monetary Fund, who spoke at the World Economic