Worldwide

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

Gasoline prices climbed 21.2 percent in March, marking record increase since 1967

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

The Commerce Department reported a step down from the prior 0.7 percent growth figure for the quarter

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Country implemented fuel rationing and 35 percent price hike to preserve foreign reserves

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

Fed officials forecast slower progress toward 2 percent inflation goal amid energy volatility

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

Unemployment falls to 4.3 percent as 396K drop out of labor force

World food prices hit highest since September, FAO says

Wheat up 4.3 percent from U.S. crop fears and Australian planting cuts 

Trump name to be given to Palm Beach International Airport as Florida governor signs new legislation

FAA approval needed Before Palm Beach Airport officially becomes Trump Airport

Bank of Japan updates natural rate estimate as era of ultra low rates ends

Neutral interest rate range stands between -0.9 percent and +0.5 percent

OECD cuts Eurozone growth forecast to 0.8 percent, lifts inflation outlook to 2.6 percent amid rising energy costs

Organization says higher energy prices will reduce demand offset investment technology, lower effective rates

U.S. approves emergency summer higher-ethanol gasoline sales to curb soaring fuel prices

Agriculture Secretary hails move as step toward American Energy Dominance supporting domestic biofuel demand

Japan initiates largest-ever strategic oil release as gasoline prices hit record 190.80 yen

State reserves drawdown equals 30 days of demand roughly 8.5 million kiloliters scheduled through April end

Japan’s Prime Minister meets with IEA’s Birol to request further coordinated release of oil reserves

Birol noted the IEA is actively consulting with governments across Europe and Asia regarding release of additional stockpiles 

ECB President Lagarde signals potential rate hikes to counter energy shock

Lagarde stated that a moderate overshoot of the inflation target could justify measured tightening 

EU awards $3.1 billion to 54 net-zero projects to avoid 210 million tonnes of COâ‚‚

Projects span 17 countries and 17 sectors reflecting diverse pipeline of scalable clean technologies

China implements first fuel price control since 2013 to mitigate global oil volatility 

New price caps save chinese drivers hundreds of dollars per tonne

EU and Australia reach trade deal to eliminate up to 99 percent of tariffs, secure critical mineral supplies

Deal grants EU enhanced access to Australian critical minerals like lithium manganese and aluminum

Reserve Bank of Australia lifts interest rates to 10-month high on rising inflation risks

The central bank lifted its benchmark rate to 4.1 percent, marking its second hike this year following a similar move in February

U.S. trade deficit plummets to $54.5 billion as exports surge in January

Trade gap fell from a revised $72.9 billion in December 

South Korea to inject $350 billion into U.S. AI, quantum computing, semiconductors

Legislation completes major portion of trade agreement intended to mitigate U.S. tariff strains on Korean goodsÂ