Economy - Page 6

5 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

4 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

5 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

Spanish Inflation Rises in December, Fueling Case for Gradual ECB Rate Cuts

Spanish inflation accelerated more than forecast in December, staying above 2% for the second consecutive month due to base effects and rising fuel prices. These figures, released by Spain’s national statistics agency,

2 months ago

Economy

U.S. Economy Poised for Steady Growth in 2025 Amid Soft Landing

Forecasters are increasingly optimistic about the U.S. economy’s prospects for 2025, predicting steady growth and a reduced likelihood of recession. This outlook reflects resilient consumer spending, a strong labor market, and cooling

2 months ago

Economy

Tokyo Inflation Gains Momentum, Sparking Speculation of BOJ Rate Hike

Core inflation in Tokyo accelerated in December, fueled by rising utility bills and food prices, while services inflation held steady. These trends are keeping market expectations alive for a near-term interest rate

2 months ago

Economy

World Bank Raises China’s Growth Forecast but Warns of Persistent Challenges

The World Bank has revised its economic growth forecasts for China for 2024 and 2025, projecting modest improvements but cautioning about lingering issues that could dampen recovery. While policy easing and strong

2 months ago

Economy

Holiday Sales Rise Despite Economic Pressures

Holiday sales saw a solid increase this year, rising 3.8% from November through Christmas Eve, according to data from Mastercard SpendingPulse. This outpaced the 3.1% growth recorded during the same period last

2 months ago

Economy

Banks Sue Federal Reserve Over Annual Stress Tests

A coalition of banks and business groups has filed a lawsuit against the Federal Reserve, challenging the annual bank stress test process. The plaintiffs, which include the Bank Policy Institute (BPI), the

2 months ago

Economy

US Consumer Confidence Plummets Amid Economic Uncertainty

The latest data from the Conference Board highlights a significant decline in US consumer confidence for December. With Americans expressing growing uncertainty about the economy’s trajectory in the coming year, the numbers

2 months ago

Economy

A Storm Without Shelter: Russia’s Economy on the Brink

The Russian economy has become a paradox of resilience and fragility, defying predictions of collapse while hurtling toward long-term stagnation. Behind the facade of growth lies a precarious foundation sustained by extraordinary

2 months ago

Economy

Inflatio-Elections-and-Power-Shifts-in-2024

Inflation, Elections, and Power Shifts in 2024

Inflation declined in most global economies throughout 2024, yet its lingering effects reshaped the political landscape. Frustrated by years of price hikes on essentials like eggs and energy, voters punished ruling parties

2 months ago

Economy

Inflation Slows in November but Remains Above Fed’s 2% Target

Prices in November saw little movement, according to the Commerce Department’s personal consumption expenditures (PCE) price index, but inflation remains above the Federal Reserve’s 2% annual target. The report, released Friday, offers

2 months ago

Economy

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Economy - Page 6

Inflation Eases, But Concerns Persist as 2024 Election Approaches

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

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

Spanish Inflation Rises in December, Fueling Case for Gradual ECB Rate Cuts

U.S. Economy Poised for Steady Growth in 2025 Amid Soft Landing

Tokyo Inflation Gains Momentum, Sparking Speculation of BOJ Rate Hike

World Bank Raises China’s Growth Forecast but Warns of Persistent Challenges

Holiday Sales Rise Despite Economic Pressures

Banks Sue Federal Reserve Over Annual Stress Tests

US Consumer Confidence Plummets Amid Economic Uncertainty

A Storm Without Shelter: Russia’s Economy on the Brink

Inflation, Elections, and Power Shifts in 2024

Inflation Slows in November but Remains Above Fed’s 2% Target

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