In a dramatic escalation of Middle East tensions, the United States launched an attack on Iranian nuclear sites on Saturday,
Asian markets opened on a mixed note today after Japan released its latest inflation figures — and the numbers have raised concerns across the region.
The global financial markets saw a mix of policy decisions and economic data releases today, which have collectively shaped investor sentiment across Asia and Europe.
The term stagflation is resurfacing in financial circles as concerns grow about the direction of the US economy in 2025.
On June 19, 2025, Norway’s central bank, Norges Bank, delivered a surprise 25 bps cut to its key policy rate, bringing it down to 4.25%—the first such move since the COVID‑19 era.
This is critical because while inflation in the US has eased from pandemic-era highs, it remains above the Fed’s 2% target. A restrictive policy stance affects global liquidity, foreign capital flows, and emerging markets like India.
India's wholesale inflation, measured by the Wholesale Price Index (WPI), eased to 0.39% in May 2025, down from 0.85% in April, marking its lowest level in 14 months, according to government data released on Monday.
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