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Tariffs are poised to heighten inflation rates in the U.S. come 2025, as highlighted by Federal Reserve chair Jerome Powell. He noted that U.S. businesses often shift tariff costs onto …
The Inflationary Impact of Tariffs: A Deep Dive into Rising Consumer Prices Read More
In a recent press conference, Jerome Powell, the chair of the Federal Reserve, emphasised that tariffs are a significant driver of inflation, increasing consumer prices. The Fed has subsequently raised …
The Inflationary Impact of Tariffs on U.S. Consumer Prices Read More
The U.S. Dollar Index, which measures the dollar’s strength against other currencies, has declined over 5.5% since reaching a peak in mid-January. Previously, the dollar thrived due to perceived economic …
Understanding the Weakening of the U.S. Dollar Read More
In the midst of stock market turbulence and rising layoffs, fears of an impending recession stalk the United States as President Trump intensifies his global trade war. Despite growing concerns, …
Is the US Facing an Impending Recession? Economic Indicators and Insights Read MorePresident Donald Trump’s proposal to impose sweeping reciprocal tariffs on imports could potentially escalate U.S. inflation dramatically, according to a study indicating a near double increase in consumer prices if …
Trump’s Tariff Strategy: A Potential Shock to U.S. Inflation Read More
China’s retail sales rose 4.8% in October, reaching an eight-month high due to improved consumer spending and supportive policies, despite persistent issues in property investment. In October, China demonstrated resilience …
China’s October Economic Data: Retail Sales Surge and Ongoing Property Woes Read More
China’s October economic data reveals a notable 4.8% year-on-year growth in retail sales, the highest in eight months, buoyed by stimulus measures. Household appliance sales surged by 45.1%, driven by …
China’s October Economic Insights: Retail Growth Amid Property Woes Read More
If Donald Trump is reelected, mortgage rates are expected to rise sharply, potentially crippling the housing sector already struggling with inflation. Economists including Nobel laureates have expressed their worry that …
Economic Forecast: Impacts of a Trump Presidency on US Economy and Housing Market Read More