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Tag: Inflation

Migration Boom Fuels Economic Pressure on Australia’s Housing Market

New arrivals to Australia have been the single biggest driver of the housing crisis, which has gone from bad to worse. The number of...

Japan’s Wholesale Inflation Rises Again, Keeping Pressure on Economy

Japan’s wholesale prices increased 2.7 percent in August 2025 as compared to the corresponding month of the previous year, thereby signifying a marginal upscaling...

Kenya’s Inflation Rises in August Driven by Food Transport Prices

Kenya’s inflation had gone up to 4.5% year-on-year in August from 4.1% the previous month, and it was mainly due to the increase in...

Egypt Central Bank Cuts Interest Rates by 200 Basis Points

On Thursday, Egypt’s central bank cut its main interest rates by 2 percentage points, representing the third rate on hold this year caused mainly...

RBA Poised for First Rate Cut in Years as Economic Growth Slows

After several years, Australia's central bank will finally cut interest rates to stimulate the economy and ease the pressure on households and businesses. When...

Asia Turns to Aggressive Rate Cuts as Trade Pressures Mount

The major economies of Asia are signally a turn towards bigger cuts of the interest rate as decision-makers are willing to ease the impact...

Majority of U.S. Companies Have Raised Prices Due to Tariffs, Fed Survey Finds

WASHINGTON. A growing number of U.S. businesses are raising prices in response to increased tariffs, according to new data from the Federal Reserve Bank...

OECD Cuts U.S. and Global Growth Outlooks as Tariff Policy Increases Uncertainty

The Organisation for Economic Co-operation and Development (OECD) sharply downgraded its 2025 U.S. economic growth forecast this week, pointing to escalating trade policy shifts...

Asia’s Markets See Modest Gains as Trade Tensions Cool and Optimism Grows

Asia’s major stock markets inched higher on Tuesday, buoyed by a slight easing of U.S.-China trade tensions and a renewed sense of cautious optimism...

Asian Markets Cool Off as Trade Optimism Fades, Tech Stocks Weigh on Sentiment

HONG KONG – Asian stock markets lost momentum heading into the weekend, with investors taking a breather after a strong rally fueled by easing trade...

U.K. Inflation Hits 3.5% in April, Driven by Rising Household Costs

LONDON — Inflation in the United Kingdom rose to 3.5% in April, its highest level since January 2024, according to data released Wednesday by the Office...

Stock market today: Wall Street slips further away from records amid inflation worries

Stocks fell on Wall Street Friday and are on track for a mixed finish in a week that was heavy with reports showing...

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