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ECB President Lagarde signals potential rate hikes to counter energy shock
Lagarde stated that a moderate overshoot of the inflation target could justify measured tighteningÂ
EU awards $3.1 billion to 54 net-zero projects to avoid 210 million tonnes of COâ‚‚
Projects span 17 countries and 17 sectors reflecting diverse pipeline of scalable clean technologies
Eurozone output growth slows in March as input cost inflation accelerates: PMI
Manufacturing production increased modestly, and at a pace that was only slightly slower than that seen in February
U.S. business activity growth falls to 11-month low in March, says S&P Global
The S&P Global U.S. Manufacturing PMI rose from 51.6 in February to 52.4 in March
China implements first fuel price control since 2013 to mitigate global oil volatilityÂ
New price caps save chinese drivers hundreds of dollars per tonne
Japan’s core consumer inflation slows below central bank’s ​2 percent target in February
Core inflation eased from 2 percent in January to 1.6 percent in February, falling below the BOJ’s 2 percent target for the first time since March 2022
EU and Australia reach trade deal to eliminate up to 99 percent of tariffs, secure critical mineral supplies
Deal grants EU enhanced access to Australian critical minerals like lithium manganese and aluminum
Japan to release 8.5 million kiloliters of oil from state reserves; $5 billion fuel subsidy plan announced
Plan designed to finance subsidies aiming to curb gasoline pricesÂ
Reserve Bank of Australia lifts interest rates to 10-month high on rising inflation risks
The central bank lifted its benchmark rate to 4.1 percent, marking its second hike this year following a similar move in February
U.S. industrial production rises 1.4 percent in February on stronger manufacturing, mining output
In February, manufacturing output rose 0.2 percent, while the index for mining grew 0.8 percent
U.S. trade deficit plummets to $54.5 billion as exports surge in January
Trade gap fell from a revised $72.9 billion in DecemberÂ
