inflation
Trump Signals Potential Republican Losses in 2026 Despite Claims of Historic Economic Success
Dec 15, 2025 03:01 am CST
President Donald Trump has suggested Republicans may lose the 2026 midterm elections despite his claims of creating "the greatest economy in history." While touting economic achievements, Trump faces declining approval ratings, with only 31% of Americans supporting his economic policies according to recent polls. Inflation, which initially slowed after Trump's return to office, has been rising since April, complicating his narrative of economic success.
Trump's Tariff Policies Cost Average American Households Nearly $1,200, Economic Report Reveals
Dec 11, 2025 11:36 pm CST
A new analysis by the Joint Economic Committee shows that sweeping import taxes under the Trump administration have resulted in approximately $1,200 in additional costs for the average American household. The report highlights the significant economic impact of tariff policies on consumer prices at a time when many families are already struggling with the high cost of living.
Federal Reserve Implements Third Rate Cut of the Year Amid Labor Market Concerns and Persistent Inflation
Dec 11, 2025 03:13 am CST
The US Federal Reserve has cut interest rates for the third consecutive time this year to a range between 3.50% and 3.75%, citing labor market concerns despite elevated inflation. The decision revealed deepening divisions among Fed officials, with three members voting against the reduction while the central bank projected at least one more rate cut next year and revised its 2026 GDP growth forecast upward to 2.3%.
RBI Cuts Repo Rate to 5.25%: Impact on Loans, Inflation and Economic Growth in India
Dec 05, 2025 01:25 pm CST
The Reserve Bank of India has reduced its repo rate by 25 basis points to 5.25%, as announced by Governor Sanjay Malhotra. This unanimous decision aims to stimulate economic growth while managing low inflation. The RBI has upgraded its GDP forecast to 7.3% and projected inflation at 2% for FY2025-26. Additional measures include forex swaps and bond purchases worth Rs 1 lakh crore to ensure adequate liquidity in the market.
Finance Ministry Confirms No Plans to Merge Dearness Allowance with Basic Pay for Central Government Employees
Dec 02, 2025 12:21 am CST
The Finance Ministry has officially stated that there are no current plans to merge dearness allowance with basic pay for central government employees, despite speculation around the 8th Central Pay Commission. Minister of State for Finance Pankaj Chaudhary confirmed this in Parliament, addressing concerns from employee unions about inflation and compensation adjustments.
India Achieves 8.2% GDP Growth in Q2 FY25-26: Maintains Status as World's Fastest Growing Major Economy
Nov 29, 2025 12:23 am CST
India's economy grew at 8.2% in July-September 2025, outpacing expectations and retaining its position as the world's fastest-growing major economy. This robust performance was driven by pre-GST rate cut production, strong manufacturing output, and steady consumption, despite global headwinds. Experts project India's economy to cross the $4 trillion threshold this fiscal year, with full-year growth expected to exceed 7%.
Trump's Second Term Challenges: Affordability Concerns and Epstein Files Test Presidential Authority
Nov 18, 2025 12:23 pm CST
President Donald Trump faces significant challenges to his political dominance as he struggles with addressing affordability concerns and containing Republican pressure to release Jeffrey Epstein case files. Recent Democratic electoral victories and Trump's status as a constitutionally term-limited president further complicate his ability to maintain control over his party and policy agenda ahead of critical midterm elections.
Mamdani Signals Willingness to Work with Trump Administration on Cost of Living Issues Facing New Yorkers
Nov 06, 2025 05:02 pm CST
New York mayor-elect Zohran Mamdani has expressed openness to collaborating with President Donald Trump on addressing inflation and cost of living challenges, despite their political differences. The Democratic socialist, who defeated former governor Andrew Cuomo, emphasized that merely identifying economic crises isn't enough—leaders must deliver solutions. Mamdani's transition team includes former Biden administration official Lina Khan and Maria Torres-Springer, who resigned from the Adams administration.
Trump Tariffs Driving Up Living Costs for Majority of Americans, Survey Reveals Impact on US-India Trade
Nov 05, 2025 11:55 am CST
A new ABC News/Washington Post/Ipsos survey reveals that most Americans are experiencing higher living costs due to President Trump's tariff policies, with 70% reporting increased grocery expenses. The impact extends to US-India trade relations, where India's exports to the US have fallen by 37.5% between May and September 2025 following the implementation of 50% tariffs. The economic consequences are being felt across political affiliations and various consumer sectors.
Economic Concerns Dominate 2025 Elections as Democrats Gain Ground Despite Trump Presidency
Nov 05, 2025 11:23 am CST
The 2025 off-year elections have delivered unexpected victories for Democrats, with economic concerns trumping immigration and cultural issues among voters. Former CIA officer Abigail Spanberger's moderate approach secured Virginia's governorship, while similar strategies proved effective in New Jersey. Despite President Trump's economic promises, voters across multiple states cited persistent inflation and cost-of-living issues as their primary concerns, potentially signaling challenges for Republicans in the upcoming midterm elections.