Deena Zaidi

Data & financial journalist covering global economics and policy

All posts by Deena Zaidi

The Fed keeps interest rates unchanged as inflation “remains somewhat elevated”

Posted on Author Deena ZaidiPosted in Banking News, Inflation, United States of America, World Economy

The Federal Reserve keeps its interest rate unchanged, maintaining its target range at 4.25% to 4.5%. When the Fed sets a target for interest rate, it commits itself to adjusting the money supply. To lower the Fed Funds rate, the Fed’s bond trades buy government bonds, increasing the money supply which in turn lowers the…

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Canada’s retaliatory tariffs set to take effect as Trump stands firm on trade policy

Posted on Author Deena ZaidiPosted in Markets, United States of America, World Economy, World economy, World trade

Canada hits back with tariffs as Trump moves forward with 25% tariff on two of its largest trading partners-Canada and Mexico.

US-EU: Trade War Looms as Trump threatens 25% Tariff on Imports from EU

Posted on Author Deena ZaidiPosted in Europe, Inflation, United States of America, World Economy, World trade

The European Union (EU), America’s third-largest trading partner, retaliates after Trump unveils a 25% tariff on EU imports, a move that could drive inflation and escalate global trade tensions.

U.S.—China tariffs could reshape global coal trade in 2025

Posted on Author Deena ZaidiPosted in China, Climate change, India, Markets, Politics & Policy, United States of America, World Economy, World economy, World trade

As China retaliates with a 15% tariff on U.S. coal, India remains the top buyer, highlighting shifting global trade dynamics amid ongoing U.S.-China tensions.