China’s consumer prices fell again in May, dropping by 0.1% and raising concerns about deflation. This marks the fourth consecutive decline since the start of the year, according […]
US Inflation Data Impacts Cryptocurrency Markets
The release of stronger-than-expected US job data has intensified the focus on upcoming CPI figures, which are expected to significantly impact cryptocurrency markets. The Federal Reserve’s approach to […]
Survey Shows U.S. Consumers Face Mounting Financial Challenges
A recent survey by the Federal Reserve reveals a concerning trend in American consumer finances. The data shows that 52% of respondents struggle to cover a $2,000 emergency […]
ECB Slashing Rates, Sparking Speculation about Divergence in Monetary Policies
Markets anticipated a lasting gap between the Federal Reserve and the European Central Bank’s monetary policies following recent rate cuts. However, Isabel Schnabel, a prominent member of the […]
Trump Weighs Debt Rate Adjustments Amidst Inflation Concerns
U.S. President Donald Trump has hinted at potentially adjusting interest rates on upcoming debt obligations, citing the potential for inflation to resurfaced. He suggested that if prices rise […]
Trump Weighs Debt Rate Adjustments Amidst Inflationary Concerns
U.S. President Donald Trump has explored the possibility of adjusting interest rates on upcoming debt obligations, according to Odaily news sources. He suggested that if inflation spikes again, […]
Kugler Sees Rise in Layoff Notices as Inflation Concerns Persist
Federal Reserve Governor Kugler recently pointed out a growing trend of layoff notices across various sectors since the beginning of the year, according to Odaily reports. This observation […]
Stocks Rise After Trump-Xi Call; Global Economic Concerns Loom
U.S. stocks opened higher on Thursday following a phone call between U.S. President Donald Trump and Chinese counterpart Xi Jinping. This news comes after Trump criticized China for […]
ECB Warns Trade Policy Uncertainty Could Slow Growth & Fuel Inflation
The European Central Bank (ECB) has issued a cautionary note on the impact of trade policy uncertainty, anticipating its negative influence on investment and exports. The bank believes […]
ECB Maintains Inflation Target Amid Trade Uncertainty: Impact on Growth Projections
The European Central Bank (ECB) has reaffirmed its commitment to inflation stability at a 2% medium-term target despite escalating trade policy uncertainties, impacting growth projections. GDP is projected […]
U.S. Economy Slows Amid Rising Inflation Fears
The latest Beige Book from the U.S. Federal Reserve paints a picture of economic slowdown with heightened inflation concerns fueled by rising tariff-related prices. Businesses are bracing for […]
Federal Reserve’s Beige Book Shows Price Pressures From Tariffs
The latest Federal Reserve Beige Book paints a picture of persistent inflationary pressures, with prices showing an upward trend. As reported by Odaily, respondents in various districts have […]
U.S. Service Sector Contracts Amid Rising Input Costs
The U.S. service sector has experienced its first contraction in nearly a year, signaling potential slow economic growth and high inflation. According to BlockBeats, this decline was driven […]
U.S. Services Sector Contracts in May 2025: ISM Report Reveals Economic Concerns
The U.S. services sector experienced its first contraction since June 2024, according to the Institute for Supply Management (ISM), with a PMI of 49.9 for May 2025. This […]
Wall Street Considers XRP for Inflation Protection
Concerns about mounting national debt and soaring interest payments have triggered a shift in strategy among Wall Street players seeking alternative solutions to protect their assets from the […]