Latest Updates Around The World
RED ZONE: The tomato price factor in inflation monitoring | Photo credit: DEEPAK KR The 2025-2026 financial year was one of extreme volatility, caused by a rather erratic policy on rates. This has continuously changed the perception of economic performance, making forecasting a challenge. Does this mean that we should look at the predictions with […]
At least something was made of a wooden nickel (Photo by H. Armstrong Roberts/ClassicStock/Getty Images) Getty Wait, they already did that. Or rather, the existence of the nickel means that they have already eliminated something else, something better. During the Civil War they abolished the half dime, which was actually called “half-dism” (!). Silver became […]
Dallas Federal Reserve President Lorie Logan on Friday called for leaving the policy rate on hold “for a while” while the central bank assesses how much of a drag the current level of borrowing costs is putting on the economy, with rising stock prices one reason to think it won’t be much.In her remarks in […]
The central bank’s inflation loss in the first three months of the year was 0.7 percentage point – the biggest difference in almost six years, and well above economists’ expectations. | Photo credit: FRANCIS MASCARENHAS The Reserve Bank of India’s inflation forecast model has come under increasing scrutiny from economists after the central bank consistently […]
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Stands AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericaArmed Forces in the PacificArmed Forces EuropeNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuamPalauAlberta, CanadaBritish Columbia, CanadaManitoba, CanadaNew Brunswick, CanadaNewfoundland, CanadaNova Scotia, CanadaNorthwest Territories, CanadaNunavut, CanadaOntario, CanadaPrince Edward Island, CanadaQuebec, CanadaSaskatchewan, CanadaYukon Territory, Canada Zip code Country United […]
TLDR: Kevin Hassett expects US GDP growth to reach 4% next year, amid a surge in capital spending. AI-powered productivity gains could increase long-term growth potential to around 2%. Hassett says the Fed risks appearing biased by delaying further rate cuts. Softer labor market data and budget uncertainty may be temporary, following the recent shutdown. […]
Trick-or-treaters hoping the trend is temporary are likely to be disappointed, as climate change and other factors are expected to make higher cocoa prices a new long-term reality. Companies trying to control sky-high ingredient prices can only pass so much of the cost on to consumers, so they’ve also turned to portion sizes, alternative ingredients […]
The Federal Reserve is expected to announce its second interest rate cut of the year on Wednesday, despite a lack of clarity about the health of the US economy due to the ongoing government shutdown. The US central bank’s penultimate interest rate meeting of the year comes against the backdrop of a weeks-long standoff between […]
