Economy

IMF to Update Global Economic Forecast Amid Trade Tensions

IMF plans economic forecast update, noting improved conditions but ongoing trade tensions affecting stability.

#IMF, #globalgrowth, #trade, #economy, #inflation

IMF Plans to Revise Global Economic Forecast Amid Trade Tensions

IMF to update global economic outlook, highlighting improved conditions yet cautioning trade tensions persist.

#imf, #globalforecast, #tradetensions, #economy

Xi Jinping Warns of Economic Risks from AI and EV Overinvestment

President Xi warns against unchecked AI and EV investments, stressing sustainable growth over GDP-centric policies in China.

#china, #economy, #ai, #ev, #overinvestment

U.S. Retail Sales Rebound in June 2025, Surpassing Expectations

U.S. retail sales rose 0.6% in June 2025, surpassing forecasts, amid economic uncertainties and inflation pressures.

#economy, #retail, #consumerspending, #tariffs

U.S. Beef Prices Soar Amid Supply Chain Challenges and Economic Implications

U.S. beef prices hit record highs due to supply chain issues, affecting consumer habits and economic conditions nationwide.

#beefprices, #usda, #economy, #supplychain, #consumergoods

Federal Reserve Governor Advocates for Rate Cut Amid Economic Concerns

Fed's Christopher Waller urges a rate cut, citing economic slowdown and labor market risks, contrasting with Chair Powell's cautious approach.

#federalreserve, #interestrates, #economy, #christopherwaller, #jeromepowell

Trump to Sign Executive Order Allowing Cryptocurrencies in 401(k) Plans

President Trump to allow 401(k) plans to include alternative investments like crypto, posing new opportunities and risks for retirement savers.

#trump, #401k, #cryptocurrency, #investment, #retirement

Tariffs Drive U.S. Inflation Surge, Impacting Consumers and Economy

June CPI hits 2.7% as tariffs affect prices. Fed holds rates; consumers face higher costs on goods like cars and technology.

#tariffs, #inflation, #economy, #consumerprices, #federalreserve

China's Economic Resilience Amid Second Quarter Growth

China's GDP grows 5.2% in Q2 2025, exceeding expectations. Growth driven by high-tech industries amid trade tensions and property sector challenges.

#china, #economy, #gdp, #trade, #hightech

Bank of England Governor Stresses Need for Global Financial Cooperation

Andrew Bailey calls for international collaboration to maintain financial stability amid uncertainties.

#bankofengland, #financialstability, #internationalcooperation, #climaterisks

UK Chancellor Reveals Ambitious Financial Reforms in Landmark Speech

Chancellor Reeves announces major financial reforms to boost UK's economy and financial sector competitiveness, addressing post-Brexit challenges.

#uk, #financialreforms, #economy, #brexit

Shanghai SASAC Meeting Hints at Possible Policy Shift on Cryptocurrency

Shanghai SASAC deliberates strategic responses to stablecoins, signaling potential policy shift in China's cryptocurrency stance.

#china, #cryptocurrency, #stablecoins, #policyshift, #digitalcurrency

Bank of England's Report Highlights Ongoing Risks Amid Global Tensions

BoE highlights financial stability risks despite resilient UK banks; eases mortgage rules to support homebuyers.

#bankofengland, #financialstability, #mortgagerules, #geopoliticaltensions

Former UN Economist Urges Fed to Rethink Monetary Policies Amid Rising Loan Delinquencies

Michael G. Mimicopoulos calls for Fed policy shift as loan delinquencies rise, impacting economic stability.

#economy, #federalreserve, #loandelinquencies, #monetarypolicy

Federal Reserve Navigates Trade-Induced Economic Challenges Amid Stagflation Fears

Fed faces tough choices as tariffs fuel inflation and slow growth, risking stagflation.

#federalreserve, #inflation, #economy, #interestrates