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Inflation

Roubini Launches New ETF to Hedge Against Trump's Inflationary Policies

Economist Nouriel Roubini, known for his accurate prediction of the 2008 financial crisis, has launched a new exchange-traded fund (ETF) designed to protect investors from the potential inflationary consequences of Donald Trump's economic policies, reports Bloomberg. Roubini argues that Trump's planned tax cuts and tariffs threaten

US Retail Sales Rise in October, Signaling Continued Consumer Strength

Americans increased their spending at retail stores in October, indicating sustained consumer demand and driving steady economic growth, reports The Associated Press. Retail sales rose 0.4% from September to October, according to the Commerce Department's Friday report. While this represents a moderation from September's robust

Egypt's Inflation Inches Up to 26.5% in October

Egypt's headline inflation edged up slightly in October, reaching 26.5% compared to 26.4% in September, according to data released by the statistics agency CAPMAS on Sunday. The increase, while modest, marks the third consecutive month of rising inflation. The median forecast of 17 analysts had predicted

US Disinflation Stalls, Highlighting Tough Road Ahead

US inflation likely remained stagnant in October, highlighting the uneven pace of easing price pressures as the Federal Reserve aims to return inflation to its target, reports Bloomberg. The core consumer price index (CPI), which excludes food and energy, is projected to have risen at the same pace on both

Trump and Bond Yields

Donald Trump's decisive victory in the presidential race, dubbed by some as the "Super Bowl of Global Politics," triggered mixed reactions across financial markets. While stock indices hit record highs, the US dollar surged, and Bitcoin soared, the bond market responded with a resounding sell-off. This
Trump and Bond Yields

Turkey Raises Inflation Forecasts, Aligning With Market Expectations

Turkey's central bank has revised its inflation forecasts for 2024 and 2025 upwards, bringing them closer to market expectations, reports Bloomberg. This move follows two consecutive months of price gains exceeding initial estimates. Officials now project inflation to reach 44% at the end of this year and 21%

Japan's Wage Growth Strengthens Case for BOJ Rate Hike

Japanese workers' base salaries saw their largest increase in over three decades in September, bolstering the Bank of Japan's (BOJ) view that the economy is on a recovery path and supporting the case for a rate hike in the coming months, reports Bloomberg. The pace of gains

Bank of England Cuts Rates, But Sees Higher Inflation After Budget

The Bank of England (BoE) cut interest rates on Thursday for only the second time since 2020, but signaled that future reductions would be gradual, citing the impact of the new government's first budget, reports Reuters. The Monetary Policy Committee voted 8-1 to lower rates to 4.75%

Trump Win Could Fuel Inflation and Higher Interest Rates

The re-election of Donald Trump to the US presidency could lead to a surge in inflation both domestically and globally, as his proposed economic policies, including tax cuts, immigration restrictions, and tariffs, are likely to stimulate demand and increase costs, reports CNN. Trump's victory, which was projected by

ECB Policymakers Shift Focus to Inflation Undershoot Risk

In a noticeable shift in tone, European Central Bank (ECB) policymakers are increasingly expressing concern over the risk of inflation falling below their 2% target, reports Reuters. This comes after years of grappling with excessively high inflation. While eurozone inflation dipped to 1.7% last month and is projected to