Tag: inflation
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Retail Sales Rebound Despite Tariff Concerns
Consumer Spending Surpasses Expectations in June
Retail sales in the United States bounced back in June, easing concerns that new tariffs under President Trump's administration...
Fed Expected to Hold Rates Despite Political Pressure
The Federal Reserve is expected to keep interest rates steady at the conclusion of its policy meeting this week, despite growing political pressure from...
Oil Prices Surge as Israel-Iran Tensions Escalate
Oil prices spiked sharply on Friday amid growing fears that escalating conflict between Israel and Iran could disrupt global crude supplies. Wall Street analysts...
Bank of Mexico Cuts Interest Rate Amid Economic Uncertainty
The Bank of Mexico lowered its benchmark interest rate by 50 basis points for the third consecutive meeting on Thursday, as inflation remains within...
Stagflation Risks and U.S. Economy: Goldman Sachs Forecast
There has been considerable debate recently about whether the U.S. economy could be entering a period of stagflation and whether a recession is looming....
