Shocks & cycles
Iran War Threatens to Halt UK's Rapid Economic Growth
The UK economy is experiencing a rebound, but the ongoing Iran war and high energy prices pose significant risks to its growth prospects.
#Shocks & cycles
Every Global Economy story tagged Shocks & cycles.
Shocks & cycles
US Inflation Rate Holds Steady at 3.4% in July
The latest consumer price index report shows a moderate increase in prices, potentially reducing the likelihood of an imminent interest rate hike
Shocks & cycles
July CPI Report: Inflation Remains Above Target, But Shows Signs of Easing
The July consumer price index report shows inflation rising 0.1% for the month, with an annual rate of 3.4%, and core readings of 0.2% and 2.5%
Shocks & cycles
Trump Criticizes Fed Interest Rate Policy, Citing High US Rates Compared to Global Competitors
US President Donald Trump expressed frustration with the Federal Reserve's interest rate policy, arguing that the US should be paying lower rates compared to other countries.
Shocks & cycles
AI Phobia Becomes Consensus in America
A growing number of Americans are expressing concerns about the potential risks and consequences of artificial intelligence, leading to a shift in public opinion.
Shocks & cycles
Wholesale Prices Remain Flat in July, Below Expectations
The Bureau of Labor Statistics reported that wholesale costs for goods and services were unchanged in July, contrary to forecasts of a 0.2% increase.
Shocks & cycles
US Tech Stock Correction Warned by ECB Economists
ECB economists warn of a potential correction in US tech stocks, citing concerns over valuations and growth prospects.