18.1 C
Delhi
Friday, January 16, 2026

Tag: inflation

JPMorgan, Citi See Resilient US Consumer Despite High Rates

Top US banks report strong consumer spending and manageable credit stress, offering a contrasting view to retailer warnings about affordability pressures.

UK Minimum Wage Increases: £12.71 National Living Wage Announced

2.7 million workers to get pay rises as National Living Wage increases to £12.71 and younger workers get higher percentage increases starting April next year.

India Q2 GDP Growth Projected at 7-7.5%, Beats RBI Estimate

India's economy shows strong momentum with Q2 GDP growth expected between 7-7.5%, driven by rural consumption recovery and manufacturing boost.

RBI Report: Festive Demand, GST Reforms Boost Economic Growth

India's economy gains momentum with 8% private sector sales growth, historic low inflation, and simplified GST structure driving recovery.

UK Budget 2024: Economic Forecasts, Tax Plans and Market Impact

What Chancellor Rachel Reeves' Budget means for UK economy, businesses and consumers amid slowing growth and fiscal challenges.

Bank of Thailand Seeks Weaker Baht to Boost Struggling Economy

Thailand's central bank governor wants a weaker baht to support exports and growth, with potential interest rate cuts amid economic slowdown.

Trump Removes Tariffs on Beef and Coffee to Lower Consumer Prices

President Trump eliminates tariffs on essential groceries including beef, coffee and tropical fruits amid rising consumer price concerns and political pressure.

Trump Administration Readies Tariff Rollback to Lower Food Prices

White House plans tariff exemptions on food imports to address rising costs, marking a significant shift in trade policy ahead of elections.

Stocks Fall as December Fed Rate Cut Probability Drops Below 50%

Major US indices decline as divided Fed officials and missing economic data reduce chances of December interest rate reduction, creating market uncertainty.

Substantial Tariff Relief Coming for Coffee and Bananas

Treasury Secretary confirms upcoming tariff cuts on imported goods to quickly lower consumer prices for coffee, bananas and other fruits.

US Stocks Surge as Government Shutdown Nears End; Nasdaq Jumps 448 Points

Major indices rally on breakthrough in 40-day government shutdown standoff, with Nasdaq gaining 1.95% and S&P 500 up 1% as investors anticipate economic data resumption.

Trump Promises $2,000 Dividend to Americans, Claims Tariffs Generate Trillions

Former President Trump announces $2,000 dividend for most Americans while claiming tariff policies have made US the world's richest nation with record 401(k) values.