Tag: Inflation

Experts warn of economic fallout from Trump’s trade tariffs on imports

Trump’s 25% tariffs on Canada and Mexico could drive up prices for…

ECB cuts rates as euro zone economy stagnates in fourth quarter

The euro zone economy stalled in Q4, posting zero growth, missing forecasts.…

High inflation and borrowing rates weigh on household budgets

Despite calls from President Trump for immediate rate cuts, the Federal Reserve…

Bitcoin drops 5 percent erasing $5,000 in a sudden price slump

Bitcoin plunged 5 percent, losing $5,000 per token, as $130M liquidated in…

BOJ hikes rates to curb inflation as wages rise and yen strengthens

Japan raised its interest rate to 0.5%, the highest since 2008, citing…

Crypto liquidations top $483 million as markets react to Fed outlook

Cryptocurrency markets saw $483 million liquidated as economic signals raised doubts about…

Justin Trudeau resigns amid economic challenges and internal party divisions

Canadian Prime Minister Justin Trudeau has announced his resignation as Liberal Party…

Gold surges to record highs in 2024 closing at $2,626 per ounce

Gold prices soared 26% in 2024, closing at $2,626 per ounce, fueled…

Manufacturing downturn continues as Germany’s economy struggles in December

Germany’s economic contraction extended into December, marking six straight months of decline…

Nasdaq 100 reshuffle boosts MicroStrategy but pressures Super Micro stock

Markets opened higher Monday as investors awaited the Federal Reserve’s meeting, with…