Analysts warn U.S. egg prices may hit record highs this holiday
U.S. egg prices are rising sharply, driven by avian flu outbreaks and holiday demand, with analysts warning supply shortages could lead to record-high costs last...
Tag : Inflation
Japan’s big manufacturers show improved confidence in December
Business confidence among Japan's manufacturers improved to 14 in December, surpassing market forecasts, while nonmanufacturers' sentiment declined slightly, highlighting mixed economic signals....
American firms rush imports ahead of Trump’s proposed China tariffs
U.S. businesses are stockpiling Chinese imports as President-elect Trump plans a 60% tariff, fueling inflation fears and supply chain concerns. Economists urge domestic investment....
WTO anticipates 2.7% rise in global merchandise trade for 2024
WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions....
Gold prices surge as central banks diversify away from USD
Gold hits a record high at USD 2,607/oz, reflecting over 25% gains YTD, driven by geopolitical tensions, USD diversification, and macroeconomic uncertainty....
Fed slashes rates by 50 basis points as inflation cools
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and...
Fed faces tough decision on rate cuts amid inflation concerns
The Federal Reserve’s upcoming rate decision could signal broader concerns about the economy, with analysts divided over the size of the expected cut....
Korea’s economy strengthens on robust exports and stable inflation
Korea’s economy is showing signs of recovery, driven by strong exports and stabilizing inflation, with manufacturing and domestic demand improving over the past five months....
Gold reaches record high amid weak dollar and rate cut hopes
Amid a weakening dollar and rising expectations of a Fed rate cut, gold prices reached a record high of $2,500.99 per ounce, signaling strong market...
UAE economy shows robust growth in non-oil sectors
The UAE sees continued economic growth in non-oil sectors like real estate, tourism, and manufacturing, according to OPEC's latest report....