Economy News

Shehzad Qazi, the Chief Operating Officer of China Beige Book, recently dismissed the idea of a major economic stimulus from China, countering speculations about Beijing’s fiscal strategy.

Donald Trump has made a bold move to defend the U.S. dollar’s dominance, warning BRICS nations against creating or supporting any currency that could rival it.

The Bank of England has raised alarms over escalating trade restrictions, warning they pose significant risks to global economic stability and inflation.

As 2025 nears, Wells Fargo anticipates a more measured pace of interest rate reductions by the Federal Reserve.

Russia’s economy is grappling with severe challenges as the ruble tumbles to its lowest value in over two years, recently hitting 114 against the U.S. dollar.

The latest data on the US personal consumption expenditures (PCE) price index has been released, meeting expectations and drawing attention due to its potential impact on Bitcoin and the broader cryptocurrency market.

China’s economic outlook for 2025 is currently shaped by two conflicting forces: a policy shift aimed at stimulating the economy and the looming threat of a new trade war with the U.S.