Economics

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 

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

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 

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 goods 

U.S. stock futures slip following 0.3 percent rise in February Consumer Price Index

CPI rose 2.4 percent annually while investors assessed the Fed outlook 

Eurozone inflation drops to 1.7 percent in January 2026, lowest level in 12 months

France recorded 0.4 percent annual inflation; Romania registered the highest rate at 8.5 percent

Germany and India sign strategic AI Pact at New Delhi Summit to drive economic growth

The pact fosters joint initiatives in industry energy healthcare and agriculture to integrate AI economically

U.S. and Taiwan finalize trade deal with 15 percent tariff, $500 billion in semiconductor and AI investments

Agreement exempts more than 2,000 export items from reciprocal tariffs, cutting average duty to 12.33 percent 

Pakistan pledges $1 billion investment in Artificial Intelligence to modernize digital economy by 2030

AI funding will modernize sectors like agriculture, industry, and trade enhancing national productivity 

Bank of England holds interest rates at 3.75 percent as inflation relief signals spring pivot

The decision to hold rates comes after a narrow 5-4 vote among the MPC members 

Australia RBA interest rate hike hits households as cash rate reaches 3.85 percent in first tightening since 2023

The December Consumer Price Index showed inflation rising to 3.8 percent, alarming financial markets 

U.S. trade deficit widens 94.6 percent, marking largest jump since 1992 as imports surpass records

The import surge, driven by technology needs, indicates a strong demand unmatched by domestic production 

U.S. hits South Korea with 25 percent tariff hike over trade deal delays

New levies target South Korean automobiles and pharmaceuticals