ECB Poised for Rate Cut Amid Shifting Inflation Dynamics
European markets are adjusting expectations as the European Central Bank (ECB) prepares for its upcoming interest rate decision, influenced by recent U.S. inflation data.
U.S. Economy Grows, But Tariff Concerns Shake Markets
In February 2025, the U.S. economy expanded at a 2.3% annual rate in the fourth quarter of 2024, supported by robust consumer spending.
Hong Kong Plans 10,000 Job Cuts and AI Investment to Tackle Deficit
Hong Kong is set to cut 10,000 civil service jobs by 2027 and invest heavily in AI to address its rising fiscal deficit.
Fed Warns Trump Tariffs Could Spike Prices
In recent developments, the Federal Reserve has issued a cautionary note regarding potential price hikes facing American consumers should President Donald Trump implement proposed tariffs.
UK Online Sellers Face Major US Tariff Shake-Up
UK-based independent sellers on platforms like eBay and Amazon could face severe sales declines in the US due to new import rules proposed by Donald Trump.
Treasury Yields Drop as Inflation and Trade Concerns Ease
U.S. Treasury yields fell sharply on Thursday as inflation worries and trade tensions showed signs of easing.
UK Interest Rates Too Restrictive, But Caution Needed on Cuts
The Bank of England’s recent decision to cut interest rates by 25 basis points was expected, yet it still surprised some economists.
Fed Officials Voice Concerns Over Potential Inflation from Trump's Tariffs
Federal Reserve officials are expressing apprehension that President Donald Trump's proposed tariffs could exacerbate inflation, complicating the central bank's efforts to manage economic stability.
Escalating Trade Tensions: U.S. and China Exchange New Tariffs
In a significant escalation of trade tensions, the United States has imposed a 10% tariff on all Chinese imports, effective immediately.
Gold Prices Surge Amid Central Bank Rate Cuts and Middle East Turmoil
Gold prices have recently surged, reaching a two-week high, driven by a combination of central bank rate cuts and escalating geopolitical tensions in the Middle East.
Fed Holds Steady in First Meeting Under Trump Amid Economic Uncertainty
The Federal Reserve held its first policy meeting since the start of President Trump's term on January 28, 2025.
Bank of Japan Breaks Records with Highest Rate Hike in 17 Years
In a decisive move to combat rising inflation, the Bank of Japan (BOJ) is preparing to increase interest rates to their highest level in 17 years.
Trump's Tariff Plans Spark Concerns Among Auto Manufacturers
On his first day of the second term, President Donald Trump announced intentions to impose up to 25% tariffs on imports from Mexico and Canada by February 1, 2025, aiming to address unauthorized migration and drug trafficking.
UK Economy Shows Modest Growth in November Amid Stagnation Concerns
In November 2024, the UK's economy experienced a modest growth of 0.1%, following two months of contraction.