Economy News

Global inflation is anticipated to decline to 3.5% by the end of 2025, largely due to a resilient global economy, as reported by the International Monetary Fund (IMF).

Billionaire hedge fund manager Paul Tudor Jones has raised concerns about the unsustainable rise in U.S. debt and its potential to trigger inflation.

The effect of US economic data on cryptocurrencies, especially Bitcoin, is becoming more and more obvious.

China’s economic growth for Q3 2024 fell short of government expectations, with a GDP increase of 4.6%, down from 4.7% in the previous quarter.

As inflation in the U.S. approaches the Federal Reserve’s target of 2%, the Fed implemented its first rate cut in September, reducing rates by 50 basis points.

The European Central Bank (ECB) has reduced its main interest rate for the third time this year, cutting it from 3.5% to 3.25%.

In 2024, fears of a looming recession have been a key issue for investors, but those worries are now waning.