Consumer prices rose at 3.7% annual rate in September as gas costs skyrocket
September brought little respite from the escalating cost of living across the United States, as new data revealed a persistent upward trend in consumer prices, maintaining the inflation rate significantly…
Philippine Central Bank Prepares for "Godzilla" El Niño and Protracted Oil Shock to Combat Stubborn Inflation
BANGKOK — The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, is proactively charting its monetary policy course through a landscape increasingly fraught with severe climatic events and persistent…
Global Leaders Sound Alarm on AI’s ‘Slow-Moving Tsunami,’ Urge Permanent Support for Disrupted Labor Markets
BANGKOK – As the global economy grapples with unprecedented technological shifts, top policymakers convened at the International Monetary Fund (IMF) Annual Meetings in Singapore in October 2026, delivering urgent warnings…
India’s retail inflation jumps to 5.54% in September, above estimates
India’s headline inflation, as measured by the Consumer Price Index (CPI), escalated to 5.54% in September 2026, marking a significant rise from 4.82% recorded in August. This latest surge, slightly…
Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
Stockholm, Sweden – In a pivotal announcement that reverberated through the global economic community, U.S. economists Robert E. Hall and Michael Woodford were jointly awarded the 2026 Sveriges Riksbank Prize…
Moody’s Warns: Global Aging Demographics Pose Significant Economic Drag, AI Alone Cannot Offset Mounting Fiscal Strain
The global economy faces an unprecedented demographic challenge, with aging populations set to exert profound pressure on public finances, economic growth, and societal structures worldwide. Credit rating agency Moody’s has…
Private sector jobs rose by 90,000 in September, better than expected, ADP reports.
The U.S. private sector experienced a notable acceleration in job creation during September, adding 90,000 positions, according to a report released Wednesday by ADP, the national payrolls processing firm. This…
Australia’s Central Bank Elevates Key Interest Rate to 15-Year High Amid Escalating Inflationary Pressures
The Reserve Bank of Australia (RBA) announced a significant monetary policy shift on Tuesday, raising its official cash rate by 25 basis points to 4.6%. This decision marks the highest…
Federal Reserve’s Preferred Inflation Gauge Shows Milder August Increase, Dampening Immediate Rate Hike Expectations
Washington D.C. – The Federal Reserve’s primary inflation gauge, the personal consumption expenditures (PCE) price index, registered a smaller-than-expected increase in August, according to a report released by the Commerce…
US Labor Market Under Scrutiny as September Nonfarm Payrolls Anticipated Amidst Shifting Fed Stance and Persistent Inflation Concerns
The economic spotlight intensified on Friday as the Bureau of Labor Statistics (BLS) prepared to unveil its closely watched nonfarm payrolls count for September, a report poised to offer critical…















