Tag: Inflation

Interest rate cuts are in full swing as major central banks around the world take action. The European Central bank recently lowered its rates for the second time this year,

McDonald’s is extending its $5 value meal into December in most U.S. markets to appeal to lower-income consumers. Around 80% of local markets have chosen to continue offering the value

The European Union has navigated through economic challenges in recent years, including Russia’s war in Ukraine and trade tensions with China, according to outgoing European Commissioner for Economy Paolo Gentiloni.

The Bank of Japan is being urged to raise Interest rates to at least 1% in the second half of the next fiscal year, according to Naoki Tamura, a hawkish

As the presidential nominees Vice President Kamala Harris and former President Donald Trump gear up for their first debate Tuesday night, viewers will be eager to hear their plans for

The median housing costs for renters and homeowners in the U.S. increased last year, with over 21 million renter households spending more than 30% of their income on housing expenses.

The dollar was trading near a four-week high against the euro on Thursday, supported by signs of resilient U.S. Inflation that reinforced expectations of a smaller interest rate cut by

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. (JPM), expressed concerns about the possibility of stagflation, despite recent signs of Inflation easing. Speaking at a conference in Brooklyn,

The Federal Reserve will receive its final Inflation data this week before deciding on a potential interest rate cut. The Labor Department will release the consumer price index and producer

U.S. central bankers are poised to begin long-awaited interest rate cuts next week, most likely starting with a quarter-of-a-percentage-point reduction. This move aims to lower the possibility of a recession,