Federal Reserve Kicks Off First Meeting of Trump’s Second Term
The U.S. Federal Reserve begins its first meeting of the year under President Donald Trump’s second term, focusing on potential interest rate changes to combat inflation.
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Tariffs on Canada and Mexico Set to Backfire on US Economy
US-imposed tariffs on Canada and Mexico are predicted to harm the domestic economy, increasing costs for businesses and consumers while exacerbating inflation and supply chain issues.
China’s CPI Climbs 0.2% in 2024, Indicating Stable Inflation
China’s consumer price index (CPI) rose 0.2% year on year in 2024, signaling stable inflation as official data reveals a modest increase in December.
U.S. Economy Surpasses Growth Expectations in 2024, Recession Risks Persist
Despite strong economic growth in 2024, experts warn that inflation and tariffs could pose recession risks in 2025.
Putin Asserts Russian Economy’s Stability Amid Inflation Concerns
Russian President Vladimir Putin declares the economy stable while expressing concerns over rising inflation.
China Anticipates New Stimulus to Elevate Domestic Demand Amid Global Hurdles
China’s consumer prices steady in November, producer prices drop. Analysts predict new stimulus measures to lift domestic demand amid global challenges.
China’s November CPI Rises Slightly as PPI Decline Narrows
China’s CPI rose by 0.2% in November, with a smaller decline in PPI, driven by warmer weather boosting agricultural output and reducing food and service prices.
China’s CPI Climbs 0.2% in November: What It Means for the Global Economy
China’s consumer price index rose 0.2% in November, indicating stable inflation and signaling positive trends for the global economy and international businesses.
Economist Warns Trump’s Tariffs May Spike US Inflation
Economist Richard Wolff warns that President-elect Trump’s push for tariffs on the Chinese mainland may worsen US inflation, highlighting the ironic consequences of such trade policies.
The Chinese Mainland’s Consumer Prices Steady in October Amid Economic Recovery
October saw a modest 0.3% rise in the Chinese mainland’s consumer prices, indicating steady economic recovery and robust domestic demand amidst stable food and lower energy costs.