Summers believes that Trump's tariff policy goes against economic logic and will result in higher prices for producers and consumers...
German Deputy Chancellor and Economy Minister Habaker: European countries are ready to impose tariffs on the United States in response to US President Donald Trump's decision to impose tariffs on European Union goods.
According to Reuters, India's Minister of Economic Affairs, Ajay Seth, said in an interview that India is revisiting its stance on cryptocurrencies due to the shift in attitudes towards cryptoassets in other countries. The review, which follows the announcement of crypto-friendly policies by US President Donald Trump, could further delay the release of a cryptocurrency discussion paper originally scheduled for September 2024. Ajay Seth said, "No.
On February 2, Mexican President Shinbaum said that he has instructed his economy minister to implement a retaliatory tariff plan against the United States.
Japanese economic data support the Bank of Japan's expectation of another interest rate hike, but tonight's U.S. data may pose upside risks to the United States and Japan.
Bank of Japan Governor Kazuo Ueda: If the economic trend is in line with expectations, interest rates will continue to rise.
Switzerland's KOF economic leading indicator for January was 101.6, with expectations of 100.2. The previous value was revised from 99.5 to 99.6.
According to Cointelegraph, Utah's bitcoin bill has been approved by the House Committee on Economic Development and Workforce Services. The bill is now before the House of Representatives. The bill will open the way for Utah to invest in bitcoin and other digital assets.
Bank of Japan Governor Kazuo Ueda: If our expectations for the economic and price outlook are realized, we will continue to adjust the intensity of easing policy.
The Bank of Japan will continue to raise policy rates if the economy and prices move as expected.
Israel's economy minister believes that the real strategic victory is to bring peace to the Middle East, which means that Iran cannot "wipe Israel off the map". Click to view...
JPMorgan chief operating officer Pinto said the US economy was in good shape but inflation was not as high as it should be and the deficit was too high, warning that inflation and geopolitical factors could undermine the current bullish market sentiment.
The Securities Exchange Commission announced that Jessica A. Wachter, chief economist and director of the Division of Economic and Risk Analysis (DERA), will step down on January 17.
With the release of CPI and PPI data this week, economists can now forecast December's all-important core PCE inflation data - the Fed's preferred measure of inflation - with great accuracy. Projections that keep coming in this morning suggest that December's core PCE price gains will be less than 0.2%: earlier forecasts range from 0.16% at Morgan Stanley to 0.19% at Pantheon Macro. Both of these numbers would keep core PCE inflation at an annualized rate of 2.8%, unchanged from November. But th...
Stablecoin issuer Circle released a USDC economic status report, USDC issuance increased by 78% year-on-year in the past year, the historical total transaction volume has exceeded 20 trillion US dollars, the monthly transaction volume in November 2024 reached 1 trillion US dollars, more than 500 million end users can access USDC through digital wallets and consumer applications.