Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’
Newly appointed Governor of Turkish Central Bank, Fatih Karahan is seen in Ankara, Turkey on February 04, 2024. Emin Sansar |…
Economy News, Analysis & Global Insights
Explore key updates and expert insights on global economy trends, markets, and financial policies.
Red Sea tensions risk significantly higher inflation, OECD warns
Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation,…
Turkey’s inflation sees biggest monthly jump since August, nears 65% year on year
A tram passes shoppers as it travels along Istiklal Street in the Beyoglu district of Istanbul, Turkey, on Tuesday, Dec.…
The unemployment rate of Black men rose in January, underscoring continued inequality in labor market
A networking and hiring event for professionals of color in Minneapolis, Minnesota.Michael Siluk | Getty ImagesBlack men lost ground in…
U.S. economy added 353,000 jobs in January, much better than expected
Job growth posted a surprisingly strong increase in January, demonstrating again that the U.S. labor market is solid and poised…
Euro zone inflation eases as expected, but core figures disappoint
Patrons at sidewalk tables of Janis bar in Cais do Sodre in Lisbon, Portugal.Horacio Villalobos | Corbis News | Getty…
January hiring was the lowest for the month on record as layoffs surged
A UPS driver makes a delivery on January 30, 2024 in Miami Beach, Florida. Joe Raedle | Getty ImagesCompanies announced the…
Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports
Private payroll growth declined sharply in January, a possible sign that the U.S. labor market is heading for a slowdown…
Euro zone economy narrowly skirts recession, stagnates in fourth quarter
Cargo trains stand on the railway tracks at a transshipment station in Frankfurt am Main, western Germany, as in background…
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty ImagesThe International…
IMF warns British government against more tax cuts
British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year.Hannah Mckay |…
Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago
People walk by sale signs in the Financial District on the first day back for the New York Stock Exchange…
ECB’s Lagarde responds to scathing staff survey: ‘I’m very proud and honored to lead the institution’
European Central Bank President Christine Lagarde looks on as she attends the European Parliament’s Committee on Economic and Monetary Affairs,…
The U.S. economy grew at blistering 3.3% pace in Q4 while inflation pulled back
The economy grew at a much more rapid pace than expected while inflation eased in the final three months of…
Turkey hikes interest rate again to 45% after inflation nears 65%
Residents waiting at a bus stop under a large Turkish flag in Istanbul, Turkey, on Sunday, April 30, 2023.Bloomberg |…
Thursday’s GDP report expected to show the U.S. economy at a crossroads
Consumers shop in Rosemead, California, on Dec. 12, 2023.Frederic J. Brown | Afp | Getty ImagesEconomic growth likely slowed to…
‘It’s really bad’: China strategist warns of deflation and rock-bottom consumer confidence
BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in…
No ‘economic collapse’: Top Citi strategist says healthier economic growth is coming
Jim Dyson | Getty Images News | Getty ImagesThe global economy does not need a “collapse” in order to bring…
Two important events this week could determine the future of Fed rate policy
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2024. Brendan…
American Express CEO says spending is strong, delinquencies are down from 2019
Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York…
