Economy News

Economy

The Changing Landscape of Job-Hopping: Why Workers Are Facing Pay Stagnation

The IT sector and other industries are seeing a shift where job-hopping no longer guarantees higher salaries. With market saturation and economic shifts, workers are facing pay sta...

Economy

China's Inflation Takes a Surprising Turn: A Deep Dive into the 0.7% Drop

China's inflation rate unexpectedly drops by 0.7% in February, contrary to the anticipated increase. Monthly consumer prices and the Producer Price Index also see declines, signali...

Economy

US Department of Justice Investigates Skyrocketing Egg Prices Amid Suspicions of Market Manipulation

The US Department of Justice is investigating the surge in egg prices, exploring potential market manipulation by producers. Factors include a doubling of prices in 2024 and the im...

Economy

Powell Warns: Escalating Tariffs Could Reshape Federal Reserve's Policy Direction

Federal Reserve Chair Jerome Powell discusses the impact of escalating tariffs on the Fed's policy decisions, emphasizing the importance of considering long-term inflation expectat...

Economy

Jerome Powell Eyes Moderate Inflation Overshoot Above 2% Target: A Strategic Shift?

Federal Reserve Chairman Jerome Powell discusses the potential for a 'moderate overshoot' of inflation above the 2% target to address periods of low inflation, emphasizing the impo...

Economy

Fed's Kugler Suggests Interest Rates May Remain Steady Amid Inflation Concerns

Federal Reserve Governor Adriana Kugler suggests that interest rates may remain unchanged for some time due to inflation concerns. She supports the FOMC's decision to maintain the ...

Economy

Federal Reserve Chair Powell Advocates for Patience in Interest Rate Adjustments

Federal Reserve Chair Jerome Powell emphasizes patience in adjusting monetary policies, citing the need for greater clarity and stable inflation expectations amidst economic uncert...

Economy

New York Fed's John Williams Assures Stable Inflation Outlook Amid Economic Uncertainties

Federal Reserve Bank of New York President John Williams confirms a stable inflation outlook, with no signs of inflation expectations becoming unmoored. He predicts a gradual decay...