GLOBAL ECONOMY
Global markets showed resilience despite inflationary pressures from tariffs. The United States maintained its ‘AA+’ rating from S&P as tariff revenues provided...
GLOBAL ECONOMY
In US President Trump enacted sweeping tariffs and secured major trade deals with the EU, Japan, and Southeast Asia, while extending a...
GLOBAL ECONOMY
The US trade deficit narrowed to $60.20billion, the lowest since 2023, as imports dropped by 3.70% and exports fell by 0.50%. Manufacturing...
GLOBAL ECONOMY
US President Trump announced tariff rates between 15%-50%, targeting countries without finalized trade deals, while Commerce Secretary Lutnick expressed confidence in reaching...
GLOBAL ECONOMY
The Federal Reserve (Fed) held interest rates steady at 4.25%–4.50% for the fourth straight meeting, citing persistent inflation with Personal Consumption Expenditure...
GLOBAL ECONOMY
The US unemployment rate remained steady at 4.20% for the second consecutive month in May. The number of unemployed persons increased by...
GLOBAL ECONOMY
The Federal Reserve (Feds) kept the federal funds rate unchanged at 4.25%-4.50% during its March 2025 meeting, extending the pause in...
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