The US Inflation Rate Eases Slightly in August but Remains Above Target The Consumer Price Index (CPI) in the United States registered a modest decrease of 0.1% in August, signaling a slight easing of inflation pressures. Despite this decline, the inflation rate remains at 3.7%, which is significantly higher than the Federal Reserve’s long-term target…
Australia’s Central Bank Holds Interest Rates Amid Inflation Concerns Australia’s Central Bank Holds Interest Rates Amid Inflation Concerns The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10% during its latest board meeting, amid escalating concerns regarding inflation and broader economic uncertainty. This move, which surprised some analysts who…
Tech Stocks Plummet as Jobs Report Fuels Recession Fears Tech Stocks Plummet as Jobs Report Fuels Recession Fears Tech stocks have taken a significant hit following a disappointing U.S. jobs report, with the sector experiencing a decline of 7.1% this past week. Market analysts are increasingly concerned about the implications of the report, which has…
India’s RBI Highlights Economic Growth Amid Concerns Over Rising Inflation India’s RBI Highlights Economic Growth Amid Concerns Over Rising Inflation India’s central bank, the Reserve Bank of India (RBI), has recently released its economic assessments indicating that the country is experiencing significant growth despite rising inflationary pressures. The RBI’s findings reflect a complex economic landscape…
