Cryptocurrencies like Bitcoin and Ethereum saw a boost recently. This happened as Asian markets reacted to Japan's interest rate hike. The Bank of Japan raised rates to the highest level in 30 years. This move was expected. It did not scare investors. Instead, it led to gains in Asian stocks and cry
The recent US inflation report has sparked debates. The Bureau of Labor Statistics (BLS) had to fill in missing data for October and November. They used old numbers and estimates to complete the picture. The BLS admitted they didn't collect new data for October. They also had trouble gathering all
In July, the cost of goods at the wholesale level in the U. S. shot up more than expected. This jump, the biggest in over three years, is partly due to the new taxes on imported goods. These taxes, put in place by the current administration, are making it more expensive for businesses to buy product
Crypto markets saw a boost on Tuesday after the latest U. S. inflation numbers came in lower than expected. The Consumer Price Index (CPI), which measures the cost of everyday goods and services, rose by 2. 7% over the past year. This was a bit less than economists were predicting, showing that infl
The latest inflation report from the US shows a confusing mix of numbers. On one hand, the cost of goods is going up. On the other hand, people are spending less on travel. This is a big deal because it shows how the trade war is affecting the economy. The report looks at how much businesses pay fo
Prices in the US are going up. In June, the cost of living rose by 0. 3%, making the yearly increase hit 2. 7%. This is the highest it's been in four months. Experts expected this rise, especially because gas prices went up. But it's not just gas. Other goods are getting more expensive too, thanks t
The latest numbers on inflation in the US show that prices are still going up, but not as fast as some people thought. The Personal Consumption Expenditures (PCE) Price Index, which is a big deal for the Federal Reserve, went up by 2. 3% in May. That's a tiny bit higher than the month before, but it
The price hikes that many expected due to recent tariffs have not yet materialized in a big way. This is good news for shoppers and the overall economy. The Consumer Price Index, a key measure of inflation, showed a modest increase in May. It rose by 2. 4 percent compared to the same month last year
In April, the U. S. saw a slight dip in inflation rates. This is a brief calm before the storm. Why? Because trade tensions are about to heat up. The government and the Federal Reserve have been working hard to keep inflation at a steady 2 percent since the pandemic. They finally saw some relief in
The US economy is facing some significant shifts, and it's all thanks to recent trade policies. Before diving into the details, it's important to understand that the Producer Price Index (PPI) is a key indicator of inflation. It measures the average change in prices received by producers of goods an
