Economy - Page 2

12 months ago

Inflation Eases, But Concerns Persist as 2024 Election Approaches

As the U.S. gears up for a pivotal presidential election, inflation has quietly returned to normal levels, but it remains a top concern for many voters. According to a recent Ipsos poll,

U.K.-Inflation-Drops-to-3-Year-Low-Paving-Way-for-Rate-Cut-in-November

Economy

11 months ago

U.K. Inflation Drops to 3-Year Low, Paving Way for Rate Cut in November

Inflation in the United Kingdom has fallen to its lowest level in over three years, according to official data released on Wednesday. The decline in consumer prices has solidified market expectations that

Federal-Reserve's-Bostic-Cautions-on-Further-Rate-Cuts-Amid-Inflation-Concerns

Economy

12 months ago

Federal Reserve’s Bostic Cautions on Further Rate Cuts Amid Inflation Concerns

Federal Reserve Bank of Atlanta President Raphael Bostic has signaled cautious optimism as the central bank begins its rate-cutting cycle, starting with a larger-than-expected half-point reduction. The move, aimed at stabilizing the

Powell Stands Firm as Trump Escalates Fed Pressure

Fed Chair Resists Calls to Resign Amid Political Firestorm Federal Reserve Chair Jerome Powell has made it clear to allies that he will not step down under pressure from President Donald Trump,

2 months ago

Economy

Trump Officials Target Fed Over Costly Renovation Plan

White House ups pressure on central bank leadership A team of senior advisers to President Donald Trump is set to visit the Federal Reserve headquarters this Thursday, ramping up the administration’s challenge

2 months ago

Economy

Treasury Yields Slip Amid Tariff Concerns and Data

Bond Yields Fall as Economic Signals Stay Strong U.S. Treasury yields declined on Friday as investors weighed recent economic data and growing tensions over tariffs. The 10-year Treasury yield dropped 4 basis

2 months ago

Economy

Pound Falls as BOE Signals Faster Rate Cuts

Bailey Warns of Economic Slack and Job Market Weakness The British pound fell to a three-week low after Bank of England Governor Andrew Bailey indicated the central bank may accelerate interest rate

2 months ago

Economy

Dimon Warns of Higher U.S. Rate Risk Amid Tariff Strain

JPMorgan CEO Flags Market Complacency JPMorgan Chase CEO Jamie Dimon has raised alarms over financial markets underestimating the likelihood of further interest rate hikes in the United States. Speaking at an event

2 months ago

Economy

Oil Rises Despite Surprise OPEC+ Output Hike

Brent holds above $68 as market absorbs supply boost Oil prices edged higher on Monday even after OPEC+ announced a larger-than-expected supply increase for August, signaling confidence that the market can accommodate

2 months ago

Economy

Dollar Posts Worst First Half Since 1973

Policy turmoil and fiscal deficits weigh on U.S. currency The U.S. dollar just logged its worst start to a year since Richard Nixon ended the gold standard in 1971. Through June, the

2 months ago

Economy

Markets Rise but Risks Linger as Tariff Deadline Nears

Trump’s trade blitz jolts stocks, spending, and sentiment After launching a wave of tariffs earlier this year, President Donald Trump has temporarily paused his most aggressive trade measures, giving global markets a

3 months ago

Economy

BIS Warns Trade Tensions Risk Global Financial Fault Lines

Carstens calls this a pivotal moment for world stability The Bank for International Settlements (BIS) has issued a stark warning about the fragility of the global financial system, citing rising trade tensions

3 months ago

Economy

U.S. Economy Shrinks 0.5% in Q1 Amid Tariff Surge

Imports spike, consumer spending slows, and GDP contracts for the first time in three years The U.S. economy unexpectedly contracted at an annual rate of 0.5% in the first quarter of 2025,

3 months ago

Economy