Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
Turkey Central Bank Cuts Rates
Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data showed on Thursday, settling under 4% and bolstering bets the central bank will continue to lower borrowing costs.
Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ongoing reforms and stabilising inflation.
I told you investing in 2025 will be won or lost on inflation. This week I’m going to tell you why I lean toward ‘lost’ over ‘won’.
As part of her $252 billion 2026 Executive Budget, Hochul has earmarked $3 billion in inflation refunds for eligible New Yorkers that can be claimed as tax rebates.
And all this productivity is why wage growth keeps beating inflation, said Betsey Stevenson, a professor of economics at the University of Michigan. “Real wage growth has to come from productivity growth. Because we’re doing more with less, we get more in the end,” she said.
Canadian inflation cooled to 1.8% in December, but with the threat of US tariffs on the horizon, are more BoC rate cuts ahead? Robert Both, Senior Macro Strategist, TD Securities, discusses.
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.
Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read more
BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.