Inflation

Malaysia Aims for Lower Inflation in 2025 as Subsidy Reform Takes Shape

Malaysia expects inflation to moderate towards the lower end of its target range in 2025, driven by a phased rollback of fuel subsidies, according to Economy Minister Rafizi Ramli, as reported by the Wall Street Journal. Ramli outlined a "surgical approach" to removing fuel subsidies, focusing on higher-income

Singapore's MAS May Hold Off on Easing Despite Low Inflation

Singapore's Monetary Authority of Singapore (MAS) may hold off on easing monetary policy at its January review, despite slowing inflation, as the central bank seeks to assess the impact of incoming U.S. President Donald Trump's policies, analysts told Reuters. This comes as data next week,

Fed Cuts Rates, But Mortgage Costs Climb Higher

Despite the Federal Reserve's efforts to lower interest rates and potentially make homes more affordable, mortgage costs continue to rise, reports the Wall Street Journal. This unexpected outcome is driven by several factors, including rising long-term Treasury yields and stubborn inflation. Average 30-year mortgage rates have climbed to

Japan's Inflation Accelerates, Keeping Rate Hike Prospects Alive

Japan's core inflation accelerated in November, rising to 2.7% year-on-year, according to government data released Friday, reports Reuters. This increase, slightly exceeding analysts' forecasts, keeps pressure on the Bank of Japan (BOJ) to consider further interest rate hikes. The BOJ, which opted to keep rates steady

Nigerian Inflation Hits 28-Year High as Transport Costs Surge

Nigeria's inflation rate has climbed to a more than 28-year high, exceeding expectations and prompting forecasts that the central bank will extend its tightening monetary policy into next year, reports Bloomberg. Consumer prices surged to 34.6% in November, surpassing the previous month's 33.9%, according

Hungary's New Central Bank Chief Vows Independence, Sticks to Inflation Target

Hungary's incoming central bank governor, Finance Minister Mihaly Varga, has pledged to maintain the institution's independence and uphold the current inflation target of 3%, according to a parliamentary confirmation hearing on Monday, reports Bloomberg. This comes as investors closely watch for potential government influence on monetary

ECB's Lagarde Declares Victory Over Inflation's "Darkest Days"

European Central Bank President Christine Lagarde has declared that the worst of the Eurozone's inflation battle is behind it, signaling a shift in the central bank's stance, reports the Financial Times. "The darkest days of winter look to be behind us," Lagarde stated in

US Inflation Shows Signs of Stalling, Raising Concerns for Fed

US inflation likely saw another month of firm price increases in November, suggesting that progress toward the Federal Reserve's target is slowing, reports Bloomberg. Economists polled by Bloomberg project a 0.3% rise in the core consumer price index (CPI), excluding food and energy, for the fourth consecutive

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