Reported 7 days ago
US inflation rates remain stubbornly high despite a drop over the past two years, presenting a challenge for the Federal Reserve as consumer spending shows resilience. While inflationary pressures persist, the European Commission predicts improving growth in the euro area and highlights China's increasing trade surplus, reflecting its reliance on exports amid weak domestic demand. Across various regions, economic indicators suggest cautious optimism, albeit with challenges ahead.
Source: YAHOO