Japan is scheduled to release a raft of data on Thursday, highlighting a busy day for Asia-Pacific economic activity. On tap are March figures for industrial production, retail sales, construction orders and housing starts, as well as April results for its consumer confidence index. In February, industrial...
For the third consecutive meeting, the Federal Reserve on Wednesday announced its widely expected decision to leave rates unchanged, although the vote was unusually divided. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent, citing its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
Consumer price inflation in Iceland moderated for the first time in five months in April. The consumer price index rose 5.2 percent year-on-year in April, slightly slower than the 5.4 percent rise in March. Inflation based on housing and utilities moderated to 6.7 percent from 6.9 percent. On a monthly basis, consumer prices climbed 0.8 percent.
After reporting an unexpected increase by U.S. crude oil inventories in the previous week, the Energy Information Administration released a report on Wednesday showing a sharp pullback by crude oil inventories in the week ended April 24th. The EIA said crude oil inventories plunged by 6.2 million...
Citing ongoing uncertainty, the Bank of Canada on Wednesday announced its widely expected to leave interest rates unchanged for the fourth consecutive meeting. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.
New orders for U.S. manufactured durable goods rebounded by more than expected in the month of March, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.2 percent in February.
Bulgaria's consumer price inflation accelerated in April to the highest level in more than two-and-a-half years. The consumer price index, or CPI, climbed 7.1 percent yearly in April, faster than the 4.1 percent rise in March. The rise in inflation was largely driven by a 20.3 percent jump in transportation costs amid higher oil and natural gas costs caused by the impact of the Middle East war.
German inflation accelerated in April fueled by higher energy prices, yet remained below expectations, flash estimate published by Destatis showed Wednesday. Consumer price inflation rose to 2.9 percent in April from 2.7 percent in March. Inflation was expected to rise to 3.0 percent. EU harmonized...
Sweden's economic sentiment weakened in April to the lowest level in seven months, while consumers expressed a more pessimistic outlook. The economic tendency index fell to 99.0 in April from 99.6 in March. Among components, sentiment is at a normal level across all sectors of the business sector, with the exception of retail trade.
A report released by the Commerce Department on Wednesday showed a sharp increase in new residential construction in the U.S. in the month of March but a steep drop in building permits. The Commerce Department said housing starts soared by 10.8 percent to an annual rate of 1.502 million in March after tumbling by 3.0 percent to a rate of 1.356 million in February.
New orders for U.S. manufactured durable goods rebounded by more than expected in the month of March, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.2 percent in...
Eurozone private sector credit logged a faster growth in March, the European Central Bank said Wednesday. Adjusted loans to the private sector increased 3.5 percent on a yearly basis in March, faster than the 3.3 percent rise in February. Within the non-financial private sector, loans to households...
Turkey's economic sentiment weakened further in April to the lowest level in nine months. The economic sentiment index dropped to 96.4 in April from 97.9 in March. Any reading below 100 indicates a pessimistic outlook. Among components, morale for the manufacturing weakened to 98.6 from 100.0, and services confidence eased to 109.7 from 113.2.
Euro area economic confidence deteriorated to the lowest level since November 2020, underscoring the rising concern about the strength of economic activity amid the intensifying price pressures and supply chain disruptions. The economic sentiment index dropped more-than-expected to 93.0 in April from 96.2 in the prior month, results of a monthly survey by the European Commission showed on Wednes
Belgium's economy grew at a slightly faster pace in the first quarter of 2026. Gross domestic product grew seasonally and calendar-adjusted 0.2 percent sequentially in the first quarter, following a 0.1 percent increase in the fourth quarter. The annual economic growth moderated to 0.8 percent in the first quarter from 0.9 percent in the final quarter of 2025.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.