Latest Finance-Economy News
Fed Signals Potential Rate Cut in June as Inflation Cools
The US Federal Reserve indicated a possible interest rate cut as early as June, citing easing inflation pressures. Chair Jerome Powell noted steady job growth but warned of trade policy risks. [1]
China Unveils $1 Trillion Stimulus Package to Revive Economy
Beijing announced a massive fiscal stimulus including infrastructure spending and tax cuts to counter slowing growth. Stocks in Asia surged, with the Hang Seng up 3%. [2]
Oil Prices Spike 5% on Middle East Geopolitical Tensions
Brent crude rose sharply after reported attacks on Saudi facilities, raising supply disruption fears. OPEC+ maintains output cuts amid demand uncertainty. [3]
Bitcoin Surges Past $95,000 on Institutional Inflows
Cryptocurrency markets rallied with Bitcoin hitting new highs, driven by ETF approvals and corporate treasury adoptions. Ethereum gained 8% in tandem. [4]
European Banks Merge in $50 Billion Deal Amid Low Rates
Deutsche Bank and Commerzbank finalized merger talks to create Europe's largest lender by assets. The deal aims to cut costs and boost competitiveness. [5]
US Stock Markets Hit Record Highs Despite Trade War Fears
The S&P 500 and Nasdaq closed at all-time highs, led by tech giants. Investors shrugged off escalating US-China tariffs. [6]
IMF Warns of Global Recession Risk if Trade Barriers Rise
The International Monetary Fund downgraded its 2026 growth forecast to 2.7%, citing protectionism and high debt levels. Emerging markets face highest vulnerabilities. [7]
Gold Prices Reach $2,800/Oz as Safe-Haven Demand Soars
Investors flocked to gold amid equity volatility and currency weakness. Central banks continued record buying spree. [8]
UK Inflation Falls to 1.8%, Boosting BoE Rate Cut Bets
British CPI dropped below target, prompting markets to price in 75bps of Bank of England cuts this year. Pound strengthened versus dollar. [9]
Tesla Shares Jump 12% on Robotaxi Revenue Projections
Elon Musk revealed aggressive timelines for autonomous ride-hailing, sending Tesla stock soaring. Analysts raised price targets to $450. [10]
India's RBI Cuts Rates to 6% to Spur Post-Election Growth
Reserve Bank of India lowered key repo rate amid slowing GDP and monsoon impacts. Rupee stabilized post-cut. [11]