Wall Street suffered a broad selloff on Friday as investors grappled with weak economic data and persistent inflation concerns, prompting a flight to safer assets.

Risks and opportunities in global markets

Stubborn inflation and trade policies under US President Donald Trump are reigniting fears of stagflation- a toxic mix of slow growth and persistent inflation last seen in the 1970s.

Stagflation: When the economy stalls but costs keep climbing

Japan’s inflation is gaining momentum, with January’s consumer price index expected to rise to 4 percent, up from 3.6 percent in December. This positions Japan as the fastest-inflating economy among g-7 nations. A key driver of inflation is food prices, particularly fresh produce.

BOJ under pressure as Japan leads G-7 inflation

We track the state of the U.S. economy by breaking down the numbers in retail sales data from January. The decline in retail sales suggests a cooling consumer sector, a critical component of economic growth. While December's retail data was revised higher, the sharp pullback in January indicates caution among consumers. Watch in for more details!

US consumer spending takes a hit

U.S. inflation has been trending up in recent months but within the tolerance levels. The January report, though, presented a clear red alert to the Federal Reserve. U.S. inflation is suddenly an issue again after a surprise pop in January following a slow grind in recent months.

US inflation rises by the most since August 2023

World| The consumer price index (CPI) edged up to 3.0 per cent in January from a year ago, rising slightly from 2.9 per cent a month earlier, the Labour Department said in a statement.

US consumer inflation rises unexpectedly, Trump points finger at Biden

The Reserve Bank of India is widely expected to cut interest rates for the first time in nearly five years. This is according to a Reuters survey of economists and analysts. Inflation in India has declined; however, it still remains above the RBI's medium-term target of four percent. Still, the expected rate cut is to revive the flagging economy, which has seen growth hit a four-year low.

India's RBI to cut rates  for the first time since 2020

The U.S. Consumer price inflation for December rose by less than expected. This positive development halted a steep decline in bond prices and rekindled hopes that the fed may lower rates sooner than expected.

US Inflation In December Comes In Cooler Than Expected | World Business Watch | WION

Strong U.S. Job growth shakes up fed expectations, pushing rate cuts further into 2025. With U.S. Inflation data on deck, all eyes are on whether the economy keeps its momentum—or stirs fresh concerns. Globally, key data from China, the UK, and Australia will set the tone for commodities, currencies, and investor sentiment this week. Take a look at this report for more...

Cues To Watch: US Inflation, Retail Sales In Spotlight | World Business Watch | WION

The Kenyan shilling's outstanding performance this year was somewhat offset by rising food and transport expenses, leading to a second consecutive month of increases in the annual inflation rate in December.

Kenya Faces Inflation Cost Of Living Crisis | Inflation Rises To 3%

Russian President Vladimir Putin has praised his country’s economic performance, forecasting a GDP growth of up to 4 percent by the end of 2024. Speaking at his annual end-of-year press conference, Putin claimed analysts rank Russia’s economy first in Europe and fourth globally in terms of growth.

Putin Predicts 4% Growth for Russia, Admits Inflation Concerns

Russian President Vladimir Putin has praised his country’s economic performance, forecasting a GDP growth of up to 4 percent by the end of 2024. Speaking at his annual end-of-year press conference, Putin claimed analysts rank Russia’s economy first in Europe and fourth globally in terms of growth.  

Concerns over a worldwide shortage of coffee have contributed to its meteoric rise in price this year. The commodity reached a new all-time high in new york on tuesday. Take a look at this next for what this means to your daily dose of coffee...

Is Your Already Costly Coffee Going To Get More Expensive? | WION Business Watch | World News

Shaktikanta Das, governor of India's central bank, is under increasing pressure due to one of the country's biggest GDP growth misses in recent memory. He has not received an extension despite his tenure ending next week.

Indian central bank governor Shaktikanta Das's future under scanner after GDP miss

The price of arabica coffee has surged to its highest level since 1977. this marks a new milestone in the ongoing rally, surpassing a nearly 30-year high earlier this week. the record for arabica was set in 1977. The primary driver is Brazil’s record-breaking drought, which has significantly impacted its coffee crop—the world’s largest.

Brazil's Drought Drives Arabica To Highest Price Since 1977 | WION Business Watch | World News

JPMorgan's annual outlook warns that emerging markets face a turbulent 2025, with significant uncertainty stemming from policy shifts in the United States and ongoing challenges in China. the bank predicts that growth across emerging markets will slow to 3.4% in 2025, down from 4.1% this year.

JPMorgan Warns Of Tough Year Ahead For Emerging Markets In 2025 | World Business Watch | WION

Big changes are coming to Hungary’s minimum wage. the government has announced plans to raise the minimum wage by 40% by 2027... a move designed to boost the economy. but with inflation already a concern...critics warn this could make the situation worse.

Hungary Faces Tough Economic Choices As Elections Approach | World Business Watch | World News

Russia’s inflation has taken a toll on essentials, with food prices soaring as the country’s economy continues to feel the weight of war. Butter has seen prices rise by 30% since last december, and essentials like sunflower oil and vegetables have spiked alongside it.

Russia's Cost Of War Hits Homes: Bread & 'Butter' At Stake

In other global news, food inflation in Canada is outpacing wage growth and workers are feeling the strain. From grocery bills to housing costs, many Canadians are struggling to make ends meet, fueling a wave of labour unrest across key industries.

Food Inflation & Wage Gap Spark Strikes In Canada

The biggest economic questions for the coming year. Is inflation merely lagging the surveys or should we be far more worried take a look at this next report. Watch in for more details!

The Dilemma For Central Banks: Is Inflation Simply Lagging Data?

Millions of Americans are having trouble paying their bills and saving money, even if they are not living in extreme poverty. This is according to a research study published by the Urban Institute.

Millions of Americans Struggling to Pay Bills | GRAVITAS

Japan unveils a $140 billion plan aimed at combating inflation and stimulating growth in key sectors of its economy.

Japan Rolls Out $140 Billion Plan To Tackle Inflation and Boost Key Sectors

Millions of Americans are having trouble paying their bills and saving money, even if they are not living in extreme poverty. This is according to a research study urban published by the urban institute.

US Inflation Accelerated In 2022 To The Highest In Four Decades, But Why?

India's retail inflation surged to a 14-month high of 6.21% in October 2024, up from 5.49% in September. This sharp rise in inflation is largely driven by food prices, which saw a steep jump. The latest data comes as a stark reminder of the financial pressure many are facing, especially amidst growing concerns over rising costs and a sluggish economy. Watch in for more details!

Tracking India's Retail Inflation: CPI For October Spikes To 6.21%

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