Latest Finance-Economy News
Fed Signals Larger Rate Cuts as Inflation Cools
The US Federal Reserve indicated potential for more aggressive rate cuts in 2026, citing easing inflation to 2.1% CPI. Chair Powell emphasized data-dependent approach amid robust job growth. [1]
China Unveils $1.4 Trillion Stimulus Package
Beijing announced a massive fiscal stimulus to counter slowing GDP growth at 4.5%, focusing on infrastructure and tech sectors. Markets rallied with Shanghai Composite up 3%. [2]
Eurozone Inflation Falls to 1.8%, ECB Eyes Cuts
Eurozone inflation dropped below target, prompting ECB discussions on further rate reductions. German bund yields fell sharply in response. [3]
Oil Prices Surge 5% on Middle East Tensions
Brent crude hit $85/barrel after escalated conflicts disrupted supply chains from the region. OPEC+ maintains cuts amid demand worries. [4]
US Tech Stocks Lead Market Rally, Nasdaq Up 2%
AI-driven gains propelled Nvidia and peers higher, offsetting banking sector losses. S&P 500 closed at new highs despite volatility. [5]
UK Economy Enters Recession with 0.2% GDP Shrink
Britain confirmed a technical recession after two quarters of contraction, blamed on high rates and weak consumer spending. BoE holds rates steady. [6]
Bitcoin Surges Past $70K on ETF Inflows
Cryptocurrency markets boomed with $2B inflows into spot Bitcoin ETFs, driven by institutional adoption. Ethereum follows suit up 4%. [7]
India's RBI Cuts Rates to 6.25% for Growth Boost
Reserve Bank of India lowered key repo rate amid moderating inflation at 4.7%. Move aims to support 7% GDP target. [8]
Global Debt Hits Record $315 Trillion
IIF reports worldwide debt surged 5% YoY, with emerging markets most vulnerable to rising defaults. US Treasury yields climb. [9]
Apple Reports Record Q1 Revenue on AI Features
Tech giant beat earnings with $120B revenue, fueled by iPhone sales and services growth. Shares jumped 6% after hours. [10]
Japan Yen Strengthens, Nikkei Dips 1.5%
Bank of Japan hints at policy normalization, lifting yen to 140/USD. Exporters suffer as stock market retreats. [11]