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INFLATION IMPACT OF IMMIGRATION POLICIES
Trump administration asks US Supreme Court to endorse immigration detention policyThe Trump administration is urging the Supreme Court to allow indefinite detention of immigrants without bond, even those living in the U.S...- What is behind South Africa's anti-immigrant protests?South Africa faces escalating anti-immigrant sentiment, with protesters demanding undocumented foreigners leave. Despite claims of being ov...
- US Stock Market: Fed's Goolsbee sees early signs of relief in services inflation, says core price pressures remain elevatedChicago Fed President Austan Goolsbee said the latest US inflation data shows some improvement in services inflation, but underlying price ...
- Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
- US Supreme Court sides with Trump in asylum-processing caseThe court, in a 6-3 ruling powered by its conservative justices, overturned a lower court's finding that the policy violated federal law. T...
- Weak monsoon raises food inflation concerns, but rate hike seen unlikelyEconomists are split on how a weak monsoon will affect food prices, with some believing falling oil prices will offset any hikes. Others wa...
- RBI in wait-and-watch mode, no certainty on rate hike: Governor Sanjay MalhotraReserve Bank of India Governor Sanjay Malhotra stated that an interest rate hike is premature, as inflation hasn't broadly impacted consume...
- RBI remains watchful of global, monsoon situation says Sanjay MalhotraThe Reserve Bank of India is adopting a cautious "wait and watch" approach regarding global geopolitical shifts and monsoon progress. Gover...
- RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch modeReserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approac...
- Federal appeals court allows the Trump administration to resume expanded use of speedy deportationsA federal appeals court has permitted the Trump administration to resume swift deportations of undocumented migrants nationwide, overturnin...
- US judge vacates Trump immigration courthouse arrest policiesA federal judge has reinstated stricter limits on immigration courthouse arrests and short-term detentions, striking down Trump-era policie...
- Global Market: BOJ policymakers push for faster rate hikes as inflation risks mountThe Bank of Japan is growing more concerned about persistent inflation, with some policymakers advocating faster interest rate hikes after ...
- A tax-law argument could make or break Trump's H-1B $100,000 planA US court blocked a $100,000 H-1B visa fee, deeming it an unconstitutional tax imposed by presidential authority without congressional app...
- RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tighten...
- There are little signs of economy overheating: Saugata BhattacharyaFalling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disrup...
- US Stock Market: Warsh reshapes Fed playbook with leaner messaging and reform agendaUS Federal Reserve Chair Kevin Warsh signalled a major shift in central bank communication by adopting shorter policy statements and focusi...
- Trump asks Americans to vote for rebranding "ICE" to "NICE" in efforts to cool down critics over stance on illegal immigrationFormer President Donald Trump is proposing to rename Immigration and Customs Enforcement (ICE) to "NICE" as part of a public poll. He belie...
- Japan to increase visa fees for foreign visitors from July 1Japan is set to significantly hike visa fees for foreigners starting July 1, the first change in 48 years. Single-entry visas will jump fro...
- RBI MPC minutes: Policy misstep fears drove rate pause amid West Asia uncertaintyThe Reserve Bank of India's Monetary Policy Committee has opted for a cautious "wait and watch" stance, holding the repo rate steady due to...
- UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
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