Weak US Dollar Helps Europe Manage Oil Price Surge Amid Middle East Tensions
US Dollar Decline Softens Oil Shock for Europe As Middle East tensions push oil prices higher, a weakening US dollar is offering unexpected relief to Europe’s oil-importing economies. Traditionally, when oil prices rise during times of strong dollar performance, the financial burden on
India’s Services Sector Booms in February, Driven by Strong Demand and Hiring
India’s Economy Sees Strong Growth India’s services sector witnessed remarkable growth in February, driven by high demand and a positive business outlook. A recent survey revealed a significant rise in hiring and foreign orders, marking a strong recovery from January’s slowdown. GDP Expansion
Jerome Powell’s Leadership: Navigating Inflation and New Economic Challenges
Federal Reserve Chair Jerome Powell has skillfully navigated the U.S. economy through crises like the pandemic and record-high inflation. While inflation has dropped near the Fed’s 2% target, challenges loom large, with President-elect Donald Trump’s policies threatening to push prices back up. Inflation