Inflation
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Dow Jones Holds Above 50,000 as Tech Rebounds, Key Economic Data Looms
U.S. stocks turned higher on Monday, with the Dow Jones Industrial Average holding above its 50,000 milestone, as investors navigated a tech sector rebound and awaited crucial jobs and inflation reports later in the week.
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RBA Hikes Rates, Ending Post-COVID Cutting Cycle
Australia’s Reserve Bank has delivered its first interest rate hike since 2023, reversing its cutting cycle amid persistent inflation concerns and becoming the first major central bank to do so post-pandemic.
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RBA Interest Rate Decision Nears Amid Renewed Hike Speculation
The Reserve Bank of Australia is set to announce its first interest rate decision of 2026, with financial markets and most economists anticipating a potential quarter percentage point hike as inflation remains above target.
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Singapore Prepares for PM Wong’s Budget 2026 Amid Cost Concerns
Prime Minister Lawrence Wong is set to deliver Singapore’s Budget 2026 on February 12, focusing on cost-of-living and employment issues following extensive public consultations.
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Powell Affirms Fed Policy ‘Appropriate’ Amid Rate Hold, Dollar Rebound
Federal Reserve Chair Jerome Powell stated Wednesday that the current monetary policy stance is ‘appropriate,’ even as inflation remains elevated and the FOMC held interest rates steady. The U.S. dollar rebounded following these remarks and a reaffirmation of strong dollar…
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CommBank App and NetBank Outage Hits Customers Amid Rate Hike Speculation
Commonwealth Bank of Australia (CommBank) faced a significant outage of its mobile app and NetBank services for some customers late Wednesday, January 28, 2026, coinciding with market speculation over an interest rate hike by the Reserve Bank of Australia.
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Gold Prices Breach $5,000 Mark Amid Escalating Global Uncertainty
Gold prices have reached an unprecedented $5,000 per ounce, driven by escalating geopolitical tensions, global debt concerns, and a flight to safe-haven assets as investors seek protection from market volatility.
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Armenia’s 2025 Growth Outlook: 5.5–6% Expansion, Inflation Near Target, and Debt Trajectory Aided by 2026 Targets
Armenia forecasts 2025 GDP growth at 5.5–6% based on Finance Minister’s January 21 remarks.
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Canada’s Inflation Outlook: Rate Cut Hopes Dim Amid Steady Core Data
Canada’s December headline inflation edged up to 2.4%, slightly above forecasts, prompting BMO Economics to declare insufficient evidence for Bank of Canada interest rate cuts. Despite mixed signals, core inflation measures showed meaningful improvement and convergence, aligning with the central…
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US Economy Sees Weakest Job Growth Since 2003 Amid Rising Unemployment
The U.S. labor market experienced its weakest non-recession job growth since 2003 in December 2025, adding only 50,000 jobs, a stark indicator of an economic slowdown fueling concerns for the Federal Reserve and American households.
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US Inflation Eases, Fed Holds Steady Amidst Powell Probe and Corporate Earnings
Amidst a backdrop of easing inflation, the US Federal Reserve is poised to maintain current interest rates. However, a criminal probe into Fed Chair Jerome Powell and mixed corporate earnings reports from giants like JPMorgan introduce layers of market uncertainty…
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Dow Jones Dips 400 Points as Inflation, JPMorgan Earnings, and Trump’s Policies Sway Markets
Major U.S. stock indexes, including the Dow Jones Industrial Average, closed lower after investors assessed December’s CPI data, JPMorgan’s earnings, and President Trump’s proposals on credit card interest rates and tariffs.
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Minimum Wage 2026: A Patchwork of State Hikes Amidst Federal Stagnation
As 2026 unfolds, the landscape of minimum wage across the United States presents a complex picture of varied state-level increases contrasting sharply with a long-stagnant federal rate. While some states have implemented automatic cost-of-living adjustments or legislative hikes, others, like…
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US 10-Year Treasury Yields Dip Amid Venezuelan Tensions and Fed Rate Cut Hopes
The US 10-year Treasury note yield edged down to 4.17% amidst escalating geopolitical tensions in Venezuela and anticipation of crucial US economic data, with markets pricing in potential Federal Reserve interest rate cuts in 2026.
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UVic Grad’s Baski App Revolutionizes Grocery Savings Amidst Canada’s Code of Conduct Rollout
A University of Victoria graduate, Yashar Samim, has launched Baski, an innovative app designed to help Canadians significantly cut down on grocery expenses by comparing deals from major retailers. The app’s release coincides with Canada’s new voluntary Grocery Code of…