INFLATION

Fed Holds Rates Steady, Signals Two Cuts In 2025 Amid Uncertain Economic Outlook

20 Mar 2025

The Federal Reserve left its key interest rate steady on Wednesday and reaffirmed that it now sees two rate cuts this year. Officials did, however, accept rising economic uncertainty as inflation rises and growth eases. In its quarterly economic forecasts, the Fed lowered this year's growth forecast and that of...

Nestlé India Considers Marginal Price Hike to Counter Rising Costs

24 Feb 2025

Managing Director Suresh Narayanan said on Monday that Nestlé India is considering a small price rise to balance steady sales with increasing costs of coffee, cocoa, and edible oil. In major cities, and in rising commodity costs, consumer cutbacks brought on by inflation have depressed profits across corporate India. Many...

Trump’s Plan to Tackle Inflation: Experts Highlight Key Focus Areas

24 Jan 2025

On his first day in office, President Donald Trump issued a memorandum directing federal agencies to explore solutions for one of the country's biggest financial concerns: inflation. This effort aligns with his promise during the inaugural speech to use the power of his cabinet to address record inflation and bring...

Federal Cuts Interest Rates Again Third Time Signals Caution For 2025 Amid Inflation Concerns

19 Dec 2024

The Federal Reserve said it trimmed its benchmark interest rate Wednesday, Dec 18, marking the third consecutive rate cut by a quarter percentage point. But the central bank was cautious about further cuts in rates, adjusting projections for 2025 toward slower pace of rate reduction. Federal Reserve Cuts Interest...

Swiggy Order Note ‘Bhaiyya Pls Send Round Onions Bhaiyya Pls’ Goes Viral

28 Nov 2024

Onion prices have reached a whopping Rs 70-Rs 80 per kilogram in Delhi NCR. One resident took matters into his hands to procure the kitchen staple. In a viral Reddit post, a man can be seen making a plea for some extra onions while ordering through Swiggy, pointing out that...

India’s Energy Security at Risk Amid West Asia Conflict

02 Oct 2024

The Israel-Hamas conflict, which escalated in October 2023, has significantly impacted India's economy, especially in terms of oil prices, trade disruptions, and diplomatic challenges. The conflict has caused oil prices to surge by over 6%, adding pressure to India, which imports about 85% of its crude oil. Approximately 44% of...

OECD Predicts UK Economy: Growth Forecast Amid Inflation Concerns

25 Sep 2024

UK Economic Recovery The Organisation for Economic Cooperation and Development (OECD) has announced that the global economy is "turning a corner," raising the UK's growth forecast for 2024 to a rate surpassing that of Japan, Italy, and Germany. This marks a significant shift, as the UK had previously been predicted...

Gold Prices Soar to Record High: Yellow Metal Rates Across Major Indian Cities

25 Sep 2024

Gold futures for October at the MCX have surged to an unprecedented high of Rs 76,000 per 10 kilograms, reflecting an increase of 0.24 percent or Rs 177. This comes after the prices reached Rs 75,049 on Tuesday. Since the US Federal Reserve cut interest rates by 50 basis points...

Trump Targets Harris Over Inflation, Criticizes Her Intelligence

16 Aug 2024

In an 80-minute press conference at his New Jersey golf club on Thursday, Republican US presidential candidate Donald Trump launched a broadside against his Democratic opponent, Vice President Kamala Harris, aiming to tie her to the Biden administration's economic challenges. Surrounded by tables stacked with grocery items, Trump placed the...

Education Costs Skyrocket: LKG Fees Rise Up to Rs 3.7 Lakh, Outpacing Other Inflation Rates

15 Aug 2024

A Bengaluru-based investor has highlighted the dramatic rise in lower kindergarten (LKG) fees in Hyderabad, claiming that real inflation is occurring in education rather than real estate. According to Aviral Bhatnagar, LKG fees have surged to ₹3.7 lakh per annum from ₹2.3 lakh. He did not specify the school but...

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