In the second half of 2023, international factors supported economic growth, with exports boosting GDP despite a strong dollar. US petroleum exports hit record highs, making the U.S. a net exporter, but trade with China […]
Data Journalist
Category: World Economy
Interest rate trajectory with changing inflation
The Federal Reserve uses interest rates as one of the many monetary policy tools to keep inflation at 2% and ensure full employment. Here’s how the terms in this relationship typically work: The relationship between […]
Inflation comparison: U.S., G20 and European Union
G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. and the U.S., as well as the European Union, represented by […]
U.K. has the highest inflation rate across G-7 Countries
Inflation is a key economic indicator that impacts consumers, businesses, and policymakers. Understanding inflation trends in G-7 countries provides a snapshot of the complex and interconnected global economic landscape. The G-7 consists of some of […]