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In May 2026, seasonally adjusted data, there was a modest increase in exports (+0.2%) and a rise in imports (+1.5%) compared with April 2026. Exports decreased for EU countries (-0.4%), whilst increased for non-EU countries (+0.8%). Imports decreased by -0.2% for EU area, whilst rose by +3.5% for non-EU area. Over the last quarter, compared with the ...
The first estimates of euro area balance showed a 7.8 bn deficit in trade in goods with the rest of the world in May 2026, compared with a surplus of 15.0 bn in May 2025. The euro area exports of goods to the rest of the world in May 2026 were 243.6 billion, an increase of 0.1% compared with May 2025 (243.5 bn). Imports from the rest of the world stood ...
From dw.com | 2 hr 31 min ago
Philippe Aghion is an expert in creative destruction. That's the term economists use when innovations disrupt whole industries and create new ones. Think steam engine, assembly line production and the IT revolution. Or now, artificial intelligence (AI). For his groundbreaking research on how technological innovation can drive long-term economic growth, ...
US Trade Representative Jamieson Greer discusses the Section 301 investigation on Brazil and says the US is now in a trade surplus with Switzerland. Speaking with Bloomberg's David Gura on "Asia Trade," Greer also says Chinas compliance is not perfect, when asked about a bilateral rare earths pact.
*BRAZIL TO INVOKE RECIPROCITY LAW TO CONTEST US TARIFFS: GOVT
Welcome to the St. Louis Fed and to the 34th Homer Jones Memorial Lecture. Thank you for joining us this evening. The Homer Jones Memorial Lecture has featured many distinguished speakers over the years. Today is no exception. Before I introduce our speaker, I want to share about the person for whom this lecture is named. Homer Jones was a transformational ...
While the FIFA World Cup provided a tourism boost to host cities, its positive impact was mitigated by economic weakness seen elsewhere, according to a Federal Reserve report released Wednesday. The soccer tournament, which the U.S. co-hosted, has fetched median admissions prices topping $900, according to TicketData. Yet the latest edition of the Feds ...
video Jim Bullard has been there, done that more than once when it comes to steering the U.S. economy through some of its most severe challenges. Jim over as president of the Federal Reserve Bank of St. Louis in 2008, after working for many years as an economist and then its deputy director of research, just as the U.S. economy was sliding into the Great ...
Trump on Fed: It is better to pause rates than to raise them. *TRUMP: WOULD LIKE TO SEE INTEREST RATES GO DOWN Trump: I think inflation at the year-end will be lower than it is now. Trump: I wish I could use tariffs faster. Trump: Oil price will yo-yo for a while.
From pimco.com | 16 hr ago
On Monday, in a speech at the New York Association for Business Economics, Federal Reserve Governor Christopher Waller discussed the U.S. economic outlook and the implications for monetary policy at a crossroads. His remarks were more hawkish than many observers expected. Indeed, hes the first voting member of the Federal Open Market Committee (FOMC) to ...
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