Tag: Inflation
African Leaders Warn of Oil Price Shock From Middle East War
African policymakers warn that oil price increases linked to the war involving Iran could fuel inflation and disrupt economic recovery across the continent.
March 14, 2026
U.S. Ranchers Face Mounting Strain as Beef Prices Hit Record Highs
All cattle and calves on feed in the U.S. totaled 86.2 million head, marking a 75-year low. On Feb. 13, the U.S. Bureau of Labor Statistics released data showing that U.S. beef prices have climbed to record highs as the country’s cattle herd shrinks to its lowest level in decades, underscoring mounting pressure across the […]
February 18, 2026
U.S. Consumers Bear Bulk of New Tariffs in 2025
As much as 94% of new tariffs in the first eight months of 2025 was absorbed by importers and consumers. On Thursday, the Federal Reserve Bank of New York released a study showing that tariffs imposed on imported goods by the Trump administration in 2025 fell mostly on U.S. importers and consumers rather than overseas […]
February 13, 2026
Argentine Groups Host Christmas Dinner for 5,000
Social movements in Argentina organized large-scale Christmas meals for vulnerable families as inflation, falling consumption and rising housing costs deepen social hardship.
December 25, 2025
U.S. Inflation Forces to Less Extravagant Thanksgiving Dinners
Families scale back menus despite Trump’s claims that food costs are falling. On Thursday, American families will gather to celebrate Thanksgiving, although many are being forced to prepare a more modest dinner because of rising prices for some ingredients — something President Donald Trump denies. RELATED: Trump To Define Muslim Brotherhood Branches as Terrorists Turkey […]
November 26, 2025
Easter Without Eggs: The Human Cost of Selective Inflation
With eggs 53% more expensive, vulnerable communities are reinventing Easter celebrations in the mids uncertainty from labor restrictions and rising costs. Related: U.S. Federal Reserve Cuts Interest Rates Despite Rising Inflation The price of eggs in the U.S. saw a 53% year-over-year increase in January 2025, reaching $4.95 per dozen, according to the Bureau of […]
April 17, 2025
Türkiye Edges Closer to Year-End Inflation Target After Challenging Year
The central bank’s inflation forecast for 2025 is 21 percent, with further rate cuts anticipated in the coming months. After several years of runaway inflation, Türkiye has managed to close in on its year-end target for 2024 after a challenging year marked by disinflation policies. RELATED: Türkiye: At Least 12 Deads After Explosion in Ammunition […]
January 3, 2025
U.S. Federal Reserve Cuts Interest Rates Despite Rising Inflation
It’s still uncertain how Donald Trump’s additional tariffs would impact inflation, Powell said. On Wednesday, the U.S. Federal Reserve cut interest rates a quarter point in a widely-anticipated move. However, the central bank indicated there would be fewer cuts next year, as it braces for uncertainty stemming from the incoming Donald Trump administration’s policies. RELATED: […]
December 19, 2024
Argentina Reaches One Year Under Milei’s Rule
Currently, 87% of families face food insecurity in low-income areas across 16 Argentine provinces. Tuesday, December 10, marks one year since Javier Milei assumed the Argentine presidency, a period during which he has implemented an economic plan focused on reducing the size of the State as a means of achieving macroeconomic balance and controlling inflation. […]
December 10, 2024
South Africa Records Decline in Inflation Rate, the Lowest Since 2021
In South Africa, the inflation rate fell from 4.4% in August to 3.8% in September, marking the lowest figures since early 2021, according to the released by the Department of Statistics of the country (STATSSA). Related: Lula’s Candidate for Brazil’s Central Bank Pledges to Fight Inflation “Annual consumer inflation cooled for a fourth consecutive month, […]