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Keywords: Inflation
In a historic move aimed at cementing his legacy on climate action, President Joe Biden has announced an ambitious goal to reduce U.S. greenhouse gas emissions by more than 60% by 2035. This new target, unveiled just weeks before Biden’s departure from office, underscores his administration’s......
The Federal Reserve is poised to announce a quarter-point reduction in its benchmark interest rate, lowering it from approximately 4.6% to around 4.3%. While this marks a continuation of recent cuts, the pace of rate reductions is expected to slow in 2025, signaling a shift in the central bank's......
In a recent interview, United States President-elect Donald Trump reiterated several policy proposals and claims about the economy, immigration, and crime. While his statements reflect his ongoing political agenda, several of his claims have been found to be inaccurate or misleading. Trump discussed......
The International Monetary Fund (IMF) has approved the second review of Sri Lanka's $2.9 billion bailout package, marking a crucial step for the island nation’s recovery. Despite signs of stabilization, the global lender cautioned that Sri Lanka’s economic outlook remains fragile and......
In an effort to address rising competition and attract cost-conscious diners, McDonald’s is set to expand its U.S. value menu early next year. This move aims to appeal to customers affected by inflation and shifting dining habits. Starting January 7, McDonald’s will introduce a new......
Bitcoin has reached a groundbreaking milestone, soaring to an all-time high of $94,787. This achievement underscores its transformative role in global finance, reflecting growing institutional adoption, investor confidence, and heightened interest amid economic uncertainty. Institutional Power Fuels......
Three Democratic senators have expressed their concerns regarding recent price hikes at McDonald's, claiming that these increases exceed reasonable inflation adjustments. In a letter addressed to McDonald’s President and CEO Chris Kempczinski, Senators Elizabeth Warren, Bob Casey, and Ron Wyden......
Morocco's economy is set for a calculated upswing, with the International Monetary Fund (IMF) forecasting growth rates of 2.8% in 2024 and 3.6% in 2025, signaling a gradual but promising recovery for the North African nation. The latest "World Economic Outlook" report presents an encouraging......
Morocco's consumer prices held steady in September 2024, while core inflation continued its upward trajectory, according to the latest report from the High Commissioner of Planning (HCP). The data reveals a complex economic landscape marked by regional variations and sector-specific price fluctuations. Price......
