The unexpected rise of US unemployment rate to a nearly three-year high has shaken the market and split economists.
Petrol will cost up to 15 percent more from Friday.
Households have cut back discretionary spending as they set aside money to pay debt, slowing growth.
Experts say lack of jobs for university graduates driving unrest in the South Asian country.
Plans to hike tariffs, tighten immigration and cut taxes are likely to crimp growth and fuel inflation, experts say.
Cutting interest rates ‘too late or too little could unduly weaken economic activity and employment’, Powell said.
Record 71 million people are expected to travel on upcoming long weekend, a growth trajectory similar to pre-pandemic.
The cost of living is a key issue in an election expected to end 14 years of Conservative Party governance.
Joseph E Stiglitz and other Nobel laureates say former president threatens US’s standing in the world.
Increased attention to home prices comes as the housing crunch becomes an increasing issue in upcoming elections.
A newly built residential complex is Dhaka’s most expensive building, highlighting the country’s economic disparity.
Unemployment and inflation among the biggest challenges facing Modi’s reduced coalition, analysts say.
After keeping rates at a more than two-decade high of 5%, BoC said indicators for underlying inflation improved.
Why are the residents of Pakistan-administered Kashmir out on the streets and what are their demands?
![Clashes took place between police and protesters in Muzaffarabad, capital of the Pakistan-administered Kashmir on Saturday. [Amiruddin Mughal/EPA]](/https/www.aljazeera.com/wp-content/uploads/2024/05/12216813-1715594690.jpg?resize=770%2C513&quality=80)