Federal Reserve maintains interest rates
The US Federal Reserve on Wednesday July 30, 2025, decided to maintain the target range for the federal funds rate…
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US economy
EU, US seal landmark trade deal with 15% tariff cap
The European Union and the United States have struck a sweeping trade agreement stabilising tariffs at a single 15…
US reaches “massive deal” with Japan
The United States has reached a “massive deal” with Japan, under which Japan will invest $550 billion into the…
Fed trims US GDP growth outlook
The Federal Reserve lowered its 2025 growth outlook. It indicated only gradual interest rate cuts in the coming…
US Fed holds rates steady
The US Federal Reserve (Fed) left interest rates unchanged on Wednesday
US CPI-U rises 0.1% in May
US consumer prices (CPI-U) rose 0.1 per cent in May on a seasonally adjusted basis, after rising 0.2 percent in…
OECD warns of global growth slowdown
The OECD forecasts global economic growth to slow to 2.9 per cent in 2025 and 2026, down from 3.3 per cent last…
US economy contracts in Q1 ’25
The US economy shrank by 0.3 per cent annually in the first quarter of 2025, marking a reversal from the 2.4 per…
Fitch sees US growth slowing to a crawl in late 2025
The United States is headed for a sharp economic slowdown, with Fitch Ratings forecasting GDP growth of just 0.4…
Scope places US AA credit rating under review for downgrade
Scope Ratings has on Tuesday placed the United States’ AA long-term credit ratings under review for a possible…