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Keywords: Inflation


EU pledges strong response to US tariffs on steel and aluminum

The European Union has vowed to take firm action in response to the new US tariffs on steel and aluminum. Ursula von der Leyen, President of the European Commission, declared on Tuesday that these measures "will not go unanswered," emphasizing that the 27-member bloc will implement robust countermeasures......

Morocco’s economy expected to grow by 3.9% in 2025

Morocco's economic growth is projected to reach 3.9% in 2025, following an estimated 3.2% expansion in 2024, according to the International Monetary Fund (IMF). This outlook was presented by Roberto Cardarelli, head of the IMF mission to Morocco, during recent consultations conducted from January......

UK's low-income shoppers pose challenge to economic growth

In Southampton, England, Deb Taylor, a 63-year-old cleaner, left a discount fashion store empty-handed, lamenting that even low-cost items are no longer affordable. Antonia Alden, a stay-at-home mother, also expressed frustration during a rare shopping trip, revealing that she no longer visits stores......

The impact of the US-China trade war on Europe: ECB's perspective

The European Central Bank (ECB) may further lower interest rates as inflation continues to moderate, according to board member Piero Cipollone. He also warned that escalating trade tensions between the United States and China could negatively affect the 20-member eurozone economy. Since June, the ECB......

Trade tensions escalate between North American allies as Trump imposes tariffs

US President Donald Trump's decision to implement hefty tariffs on imports from Mexico, Canada, and China has ignited a trade war among North American allies, with swift retaliatory measures from both countries. Trump cited the need to protect American citizens and curb the illicit fentanyl trade,......

U.S. economic growth slows but consumer spending remains strong

The U.S. economy experienced a slowdown in growth during the fourth quarter, though strong domestic demand is expected to keep the Federal Reserve cautious in its approach to interest rate cuts. According to the Commerce Department’s Bureau of Economic Analysis, the gross domestic product (GDP)......

Fact-checking Trump's inaugural speech claims

On January 20, President Donald Trump took the oath for his second term as the 47th president of the United States, revealing an agenda that mirrored his campaign promises. Addressing the public from the US Capitol Rotunda due to freezing temperatures, Trump stated, “The golden age of America begins......

Moroccan households face savings challenges amid economic strain, report finds

A recent study by Morocco’s High Commission for Planning (HCP) reveals that only 11.1% of households are optimistic about their ability to save in the upcoming year. The overwhelming majority, 88.9%, indicate they cannot set aside any money, highlighting the persistent financial difficulties faced......

Moderate global growth predicted for 2025-2026 amid economic challenges

According to a report released on Thursday by the World Bank, global economic growth is projected to be moderate in 2025 and 2026, with an expected growth rate of 2.7%. This aligns with the anticipated growth for 2024. Additionally, emerging economies are expected to experience a 4% growth rate during......

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