Global trade concerns push gold beyond $2,950 in record rally
Gold soars past $2,950, reaching record highs as investors seek safety amid trade tensions, falling yields, and central...
Tag : Inflation
UK inflation jumps to 3% as transport and food prices surge
UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase,...
Avian flu drives egg prices up 53%, fueling inflation fears
Egg prices have surged 53% in a year, fueling inflation fears and complicating the Fed’s strategy as consumers...
UK firms to slash jobs as tax hikes and costs squeeze margins
UK employers face a decade-high redundancy surge as tax hikes and rising costs erode confidence, with firms slashing...
Bitcoin drops 7.3% since Trump’s inauguration amid weak sentiment
Bitcoin slipped 0.8% to $96,197 on Monday, extending its 7.3% decline since Trump’s inauguration as investors watch for...
EU to resist US tariffs as Trump pushes for reciprocal trade policy
The European Commission opposes Trump’s reciprocal trade policy, warning it could disrupt markets, fuel inflation, and harm businesses,...
U.S. Treasury yields drop despite stronger-than-expected inflation data
Treasury yields declined despite inflation data exceeding forecasts. Investors focused on upcoming Fed signals as markets awaited the...
Wall Street tumbles as CPI report dampens interest rate optimism
U.S. stocks tumbled Wednesday after inflation data exceeded forecasts, raising fears of delayed rate cuts. The CPI report...
World merchandise trade to grow 2.7% in 2024, WTO forecasts
WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining...
Fed Chair Powell signals smaller rate cuts to keep economy in solid shape
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will...