Deena Zaidi

Data & financial journalist covering global economics and policy

All posts tagged Interest Rate

Why 2% inflation became the global target for central banks

Why 2% inflation became the global target for central banks

Posted on Author Deena ZaidiPosted in Banking and Finance, Europe, Graphs, Inflation, Japan, United States of America, World Economy, World economy

The curious case of the 2% inflation target and why most central banks won’t let it go.

The Fed cuts interest rate for second time in 2025

The Fed cuts interest rate for second time in 2025

Posted on Author Deena ZaidiPosted in Graphs, Graphs, Inflation, Markets, Politics & Policy, Trade and tariffs, United States of America, World Economy, World economy

Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.

U.S. inflation drops to 2.4% as egg prices peaked at $6.23 per doz. in March

U.S. inflation drops to 2.4% as egg prices peaked at $6.23 per doz. in March

Posted on Author Deena ZaidiPosted in World Economy

U.S. inflation dropped to 2.4% in March as consumer prices fell slightly, easing from 2.8% in February. The dip comes amid new tariffs from President Trump and ongoing Fed caution on interest rate cuts. Food prices, however, continued to rise—egg prices surged 60.4% year-over-year.

UPDATED: Federal Reserve’s first interest rate cut since 2020

UPDATED: Federal Reserve’s first interest rate cut since 2020

Posted on Author Deena ZaidiPosted in Banking and Finance, Banking News, Politics & Policy, United States of America, World Economy

The Federal Reserve lowered interest rates for the first time since 2020.