Fed Cuts Rates by 50bps: First Major Move Since 2020 🏦📉
The Federal Reserve slashes interest rates by 50bps, marking its first cut since 2020 amid cooling inflation. Markets react with modest dips. 📉
Inflation
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Powell Hints at Rate Cuts as Inflation Cools 📉✨
Fed Chair Powell hints at possible interest rate cuts in September, sparking debates on economic strategy as inflation cools. Stay informed! 💸📊
U.S. Inflation Hits Lowest Annual Rise Since 2021 📉
July’s U.S. consumer inflation saw its smallest annual rise since 2021, easing to 2.9%. President Biden highlights progress in lowering costs and rising wages. 📉💬
Fed Holds Rates Steady, Signals Possible September Cuts 💸📉
The U.S. Federal Reserve kept interest rates unchanged but hinted at potential cuts as early as September to balance inflation and economic growth. Stay tuned for analysis! 💼📈
Fed Holds Interest Rates Steady, Eyes Possible Cuts to Tackle Inflation 📉💰
The U.S. Federal Reserve keeps interest rates unchanged but hints at possible cuts to combat inflation by September. Here’s what it means for you! 💡📈
China’s June CPI Rises 0.2%, Inflation Remains Steady 📈🛍️
China’s June CPI rose 0.2% YoY, indicating steady inflation. Core CPI held at 0.6%, while monthly CPI decreased by 0.2% due to seasonal factors.
EU’s New Tariffs on Chinese EVs: Hidden Costs Revealed 🚗💸
Discover the EU’s new tariffs on Chinese electric vehicles and their potential hidden costs, including impacts on consumers, green initiatives, inflation, and technology growth. 🚗💰🌱
RBA Holds Rates Steady at 4.35% Amid Inflation Concerns
Australia’s central bank keeps rates at 4.35% but warns further hikes remain possible as inflation stays above target. What’s next for borrowers?
Can Argentina’s New Leader Javier Milei Fix Triple-Digit Inflation? 🇦🇷💸
Argentina’s new president-elect Javier Milei faces the challenge of tackling triple-digit inflation with radical reforms. Experts weigh in on his plans and prospects.
Historic U.S. Auto Workers Strike: Why 25,000 Are Walking Out 🚗⚡
25,000 U.S. auto workers strike against Ford, GM, and Stellantis, demanding fair wages amid record profits and inflation. Historic labor action sparks nationwide attention.