Economy News

Economy

Unexpected Surge: Japan's Producer Prices Jump 4.2% in January, Outpacing Forecasts

Japan's producer price index (PPI) rose by 4.2% in January year-on-year, surpassing expectations. Monthly PPI increased by 0.3%, with export prices growing by 0.8% annually. Import...

Economy

US Inflation Climbs to 3% in January, Surpassing Market Expectations

The US annual inflation rate rose to 3.0% in January, exceeding market expectations and December's 2.9%. The CPI increased by 0.5% month-on-month, with energy and food prices contr...

Economy

Trump Accuses Biden Administration for Escalating US Inflation Rates

Former President Donald Trump blames Joe Biden's administration for the recent increase in US inflation to 3% in January. The White House counters by critiquing Trump's economic po...

Economy

Mexico Plans Diplomatic Push Against US Steel and Aluminum Tariffs

Mexican President Claudia Sheinbaum announces a plan to communicate with the White House, aiming to reverse the US's 25% tariff on steel and aluminum imports by highlighting the US...

Economy

UK's Disinflationary Path: Insights from BoE's Megan Greene on Economic Challenges

Megan Greene of the Bank of England discusses the UK's disinflationary process, acknowledging progress but highlighting economic challenges, including stagnant GDP growth, deterior...

Economy

Jerome Powell Reflects on Fed's Initial View of 2021 Inflation as Transitory

Federal Reserve Chair Jerome Powell discusses the initial 'transitory' view of 2021 inflation and the Fed's response, acknowledging in hindsight the benefits of earlier policy adju...

Economy

Fed Chair Powell Holds Judgment on Trump Tariffs, Awaiting Clearer Economic Impact

Federal Reserve Chair Jerome Powell discusses the cautious approach towards President Trump's tariffs, emphasizing the need to observe their economic impact before making judgments...

Economy

Fed's Bostic: Patience in Policy Moves Signals Delayed Rate Cuts

Atlanta Fed President Raphael Bostic discusses the Federal Reserve's cautious approach to monetary policy, the challenges of economic forecasting amidst policy uncertainty, and the...