Tag: Inflation

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…

U.S. egg prices soar as bird flu disrupts supply during holidays

U.S. egg prices are rising sharply, driven by avian flu outbreaks and…

Japan’s carmakers and tech firms lead slight business confidence rise

Business confidence among Japan's manufacturers improved to 14 in December, surpassing market…

Decreasing inflation boosts 2025 trade resilience prospects

Global trade will hit $33 trillion in 2024, driven by services sector…

Advanced economies lag behind in wage growth, ILO report reveals

Wage inequality has declined in two-thirds of nations since 2000, with significant…