Inflation

Japan inflation eases to 3.7% in February, down from a two-year high
World

Japan inflation eases to 3.7% in February, down from a two-year high

The owner of rice shop Tadao Koike carries a bag of rice at his shop in Tokyo on February 14, 2025.  Yuichi Yamazaki | Afp | Getty Images Japan’s headline inflation rose 3.7% year on year in February, easing from a two-year high of 4% seen in January. Core inflation — which excludes prices of […]

Read More
‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts
World

‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts

The “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The outlook spurred talk again about “transitory” inflation […]

Read More
Fed holds interest rates steady, still sees two cuts coming this year
World

Fed holds interest rates steady, still sees two cuts coming this year

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted […]

Read More
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
World

Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook

Japan’s national flag flutters at the Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s central bank on Wednesday kept its key policy rate steady at 0.5% in a unanimous vote, as the export-reliant country assesses the potential impact of U.S. President Donald Trump’s protectionist trade […]

Read More
Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief
Finance

Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief

Key Points Wholesale egg prices have fallen more than 40% since the end of February. The pullback comes amid a reprieve from major bird flu outbreaks so far in March and weaker consumer demand, which have helped the nation’s egg supply to start recovering. Retail egg prices broke a record high in February. It’s unclear […]

Read More
China announces plan to ‘vigorously boost consumption’ in bid to shore up economy
World

China announces plan to ‘vigorously boost consumption’ in bid to shore up economy

TONGREN, CHINA – MARCH 13, 2025 – Prosecutors explain to consumers how to buy qualified products at a supermarket in Pingxi street of Yuping Dong Autonomous County in Tongren, southwest China’s Guizhou province on March 13, 2025. Cfoto | Future Publishing | Getty Images China announced a “Special Action Plan to Boost Consumption” on Sunday […]

Read More
Goldman Sachs offers its newest option for downside protection in volatile markets
World

Goldman Sachs offers its newest option for downside protection in volatile markets

Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil. Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF. “I’m an investor. You’re an investor. The folks watching are investors, and there’s an incredible amount […]

Read More
Consumer sentiment drops in March to 57.9, according to University of Michigan survey, worse than expected
World

Consumer sentiment drops in March to 57.9, according to University of Michigan survey, worse than expected

Consumer sentiment took another hit in March as worries intensified over inflation and a slumping stock market, according to the University of Michigan’s latest sentiment survey released Friday. The survey posted a mid-month reading of 57.9, which represents a 10.5% decline from February and was below the Dow Jones consensus estimate for 63.2. The reading […]

Read More
Here’s the inflation breakdown for February 2025 — in one chart
Finance

Here’s the inflation breakdown for February 2025 — in one chart

Key Points The consumer price index rose 2.8% in February from 12 months earlier, a deceleration from January. Steel and aluminum tariffs took effect Wednesday. Economists fear that an escalating trade war could stall or reverse progress on inflation. Eggs saw by far the highest inflation rate among other categories in February. Source

Read More
Inflation rate hits 2.8% in February, less than expected
World

Inflation rate hits 2.8% in February, less than expected

Prices for goods and services moved up less than expected in February, providing some relief as consumers and businesses worry about the looming impact tariffs might have on inflation, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a wide-ranging measure of costs across the U.S. economy, ticked up a seasonally adjusted 0.2% […]

Read More