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#economicgrowth

3 posts3 participants1 post today
Yonhap Infomax News

Donald Trump's proposed 30% tariff on EU goods could push the bloc's economic growth into negative territory, with analysts and European leaders warning of severe impacts across key industries and urging swift countermeasures.
#YonhapInfomax #TrumpTariff #EuropeanUnion #EconomicGrowth #INGBank #30PercentTariff #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV

Yonhap Infomax · 'Trump's 30% Tariff Threat Could Push EU Into Negative Growth'
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ABC Feeds

RBA expects Trump's tariffs to have 'profound' effect, but markets 'shrug and move on'
By Gareth Hutchens and Michael Janda

RBA deputy governor Andrew Hauser says Australia needs a new "Golden Age" of economic thinking to solve the acute problems hitting our economy.

abc.net.au/news/2025-07-09/rba

ABC News · RBA expects Trump's tariffs to have 'profound' effect, but markets 'shrug and move on'By Gareth Hutchens
#EconomicGlobalisation#BusinessEconomicsandFinance#EconomicGrowth
WYM Mod

Lim Hui Jie reports a surprising decision from the Reserve Bank of Australia (RBA), which has maintained its policy rate at 3.85%, defying economists' expectations for a cut to 3.6%. The RBA seeks more data to confirm inflation's trajectory towards a sustainable 2.5%, as June's CPI hints at slight overall strength. Australia faces growth slowdowns, with GDP growth at 1.3%. Read more about this pivotal moment [here](cnbc.com/2025/07/08/rba-holds-). #RBA #Australia #Inflation #Economy #InterestRates #EconomicGrowth #CPI

CNBCAustralia unexpectedly holds policy rate as it awaits more inflation dataThe RBA said it was waiting for "a little more information to confirm that inflation remains on track to reach 2.5 per cent on a sustainable basis."
ABC Feeds

Breaking: RBA defies expectations of interest rate cut, keeping rates on hold
By Stephanie Chalmers

The Reserve Bank had been expected to cut the cash rate at 3.6 per cent, to its lowest since April 2023, but instead left it on hold at its July meeting.

abc.net.au/news/2025-07-08/res

ABC News · Reserve Bank defies expectations of interest rate cut, keeping cash rate on hold at 3.85pc in JulyBy Stephanie Chalmers
#InterestRates#ReserveBankOfAustralia#MonetaryPolicy
WYM Mod

Lim Hui Jie highlights Japan's economic struggle as rising inflation erodes the benefits of increased nominal wages, which have seen their largest surge since 1991. Despite the wage growth, real wages dropped by 2.9% over the last year, with the Bank of Japan caught between raising interest rates to combat 3.5% inflation and fostering growth amid external tariff pressures. Read more on these challenges and insights from the BOJ. cnbc.com/2025/07/08/tariffs-wa #JapanEconomy #Inflation #BankofJapan #Wages #Tariffs #EconomicGrowth #Currency

CNBCTariffs, declining real wages, slowing growth: Japan's central bank has its work cut outLatest wage data highlights that inflation could be taking a substantial bite out of incomes in Japan, despite incomes in the country rising.
News Image

An #AI generated text and image from yesterday's news:

President Trump has signed the One Big Beautiful Bill Act into law, marking a key step in the U.S. budget. The legislation aims to fund initiatives for economic growth, infrastructure, and public services, with supporters anticipating job creation and improved community resources. This reflects the government's commitment to enhancing citizens' lives.

#TrumpBudgetBill#EconomicGrowth#InfrastructureDevelopment
Headlines Africa

Africa: Record-Breaking U.S.-Africa Business Summit Yields $2.5 Billion in Deals and Commitments - Fact Sheet: [State Department] From June 22-25, more than 2,700 U.S. and African public and private sector leaders gathered for the 17th U.S.-Africa Business Summit, hosted by the Corporate Council on Africa and the President of Angola. This year's Summit marked a record turnout, including 12… newsfeed.facilit8.network/TLgX #Africa #USAfricaSummit #BusinessDeals #EconomicGrowth #InvestmentOpportunities

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