UBP's Norman Villamin says sticky inflation and strong U.S. dollar could slip past Trump's control, and threaten global growth.

President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.

Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read more

Trump signed an executive order calling on federal agencies to deliver “emergency price relief” to tamp down inflation. The president vowed to bring prices down on the campaign trail, though was light on specifics on how exactly he would accomplish that.

The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.

Nigeria plans to rebase its gross domestic product (GDP) and inflation data by the end of the month to capture changes in certain sectors of the economy and reflect current growth and consumption patterns,

Vanguard issues its 2025 markets forecast. Analysts at Vanguard have been looking to 2025 and beyond to gauge the future. A recent study by the financial services company, one of

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.

President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence O’Donnell" Thursday night.

Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of January 15, 2025, the average 30-year fixed-rate mortgage stands at 7.01%, reflecting a slight increase from earlier this year — and from the rates we saw in late 2024.

Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.