food prices
President Trump and NYC Mayor-Elect Mamdani Find Common Ground Despite Political Differences
Nov 22, 2025 08:00 am CST
President Donald Trump and New York City mayor-elect Zohran Mamdani held a productive meeting at the Oval Office, finding common ground on critical issues like housing development and rising food costs despite their political differences. Trump displayed surprising tolerance toward Mamdani's past criticisms, emphasizing their shared love for New York City and mutual interest in addressing affordability challenges facing New Yorkers.
US Eliminates Tariffs on Food Imports from Four Latin American Nations to Lower Consumer Prices
Nov 14, 2025 10:37 am CST
The United States has announced the removal of tariffs on select food imports from Argentina, Ecuador, Guatemala, and El Salvador through new framework agreements. These deals aim to reduce prices on products like coffee and bananas while expanding market access for American businesses. The Trump administration expects retailers to pass savings to consumers as part of a broader initiative to address cost-of-living concerns. Similar negotiations with other Latin American countries may yield additional agreements before year-end.
India's Retail Inflation Hits 8-Year Low of 1.54% in September 2025: Impact on Monetary Policy
Oct 14, 2025 01:28 pm CST
India's retail inflation has dropped to an 8-year low of 1.54% in September 2025, falling below the RBI's comfort zone for the second time this year. This significant decline is primarily attributed to reduced prices of vegetables, fruits, and pulses, alongside GST rationalization effects. Economists project continued moderate inflation and anticipate a possible 25 basis point rate cut by December 2025, as the RBI revises its inflation outlook downward to 2.6% for 2025-26.
