inflation concerns News

March Sees Unexpected Drop in US Consumer Confidence Amid Economic Uncertainties

US consumer confidence unexpectedly dropped in March, with the Consumer Confidence Index falling to 57 from February's 64.7. The decline reflects widespread concerns across all dem...

Wall Street Tumbles as Trump's Tariff Announcement Sparks Market Anxiety

US stock indexes closed lower after President Trump announced new tariffs on imports from Canada, Mexico, and China, sparking concerns over inflation and economic growth. The Dow J...

US Stock Markets Show Resilience Amid Federal Reserve's Inflation Concerns

US stock markets ended mostly higher despite Federal Reserve's inflation concerns highlighted in the December FOMC report. The Dow Jones Industrial Average rose, while the Nasdaq 1...

December Sees Continued Contraction in US Manufacturing Sector

The US manufacturing sector continued to contract in December, with a PMI of 49.4, down from November's 49.7. New orders and production fell, while delivery times increased. Firms ...