Economy

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The latest news and updates about Economy from trusted sources around the world.

Trump Administration Imposes New Tariffs on Chinese Imports, Escalating Trade Tensions

The Trump administration has announced a new round of tariffs on Chinese imports, intensifying an already strained trade relationship between the world’s two largest economies. Officials said the measures are intended to protect American manufacturers and confront what they describe as unfair trade practices by Beijing.Immediate ImpactThe tariffs are set to take effect immediately, adding fresh pressure on…

Politics 142 views 153d ago

0 153d ago

Editorial

US Inflation Slows to 2.4% in September, Strengthening Fed Cut Bets

US consumer inflation cooled more than expected in September, reinforcing signs that price pressures continue to ease and increasing the likelihood of a Federal Reserve rate cut next month. The Consumer Price Index rose 2.4% from a year earlier, down from August and the lowest reading since February 2021. Economists had expected a 2.6% increase. On a monthly basis, prices also showed a softer pace of growth,…

Economy 186 views 168d ago

0 168d ago

Editorial

US Inflation Eases to 2.7% in November, Strengthening Rate-Cut Bets

US consumer prices rose 2.7% in November from a year earlier, cooling from recent readings and coming in slightly below economists’ expectations of 2.8%, according to the latest inflation data. The result marks the lowest annual increase since 2021 and adds to signs that price pressures are gradually easing across the economy. The report also showed core CPI, which excludes food and energy, rising 3.3% year over…

Economy 98 views 168d ago

0 168d ago

Editorial

Fed holds rates at 4.75%-5.00%, hints at possible 2025 cuts as inflation cools

The Federal Reserve kept its benchmark interest rate unchanged at 4.75% to 5.00% after its December policy meeting, signaling that it remains cautious even as inflation shows further signs of easing. The decision reflects the central bank’s view that price pressures are moving in the right direction, while the broader economy continues to demonstrate resilience. In remarks following the meeting, Chair Jerome Powell…

Economy 40 views 174d ago

0 174d ago

Editorial

Fed Holds Rates at 4.25%-4.50%, Hints at Possible 2025 Cuts

The Federal Reserve kept its benchmark interest rate unchanged at 4.25% to 4.50% after its December Federal Open Market Committee meeting, signaling that policymakers remain cautious as they balance solid economic growth against easing inflation pressures. In its latest decision, the central bank pointed to a still-resilient economy and a labor market that has begun to cool, while noting that inflation remains above…

Economy 57 views 174d ago

0 174d ago