Economy News

The Producer Price Index (PPI) for final demand remained stable in February, with no change reported, following increases of 0.6% in January and 0.5% in December. Over the past 12 months, the index has risen by 3.2%.

Bridgewater’s Ray Dalio has expressed grave concerns over the U.S. debt situation, warning that an unsustainable imbalance between debt supply and demand could have severe global repercussions.

The Consumer Price Index (CPI) for February 2025 showed a modest increase of 0.2% compared to January, following a 0.5% rise the previous month. Over the past year, the overall CPI has risen by 2.8%.

The U.S. is set to impose a 25% tariff on steel and aluminum imports from Canada and several other nations, with the policy taking effect at midnight on March 12.

Institutional analysts believe the Federal Reserve is unlikely to reduce interest rates during its upcoming meeting, but if concerns about a recession grow, the central bank might initiate a series of quick rate cuts by June.

These past few days, fears of a looming U.S. recession triggered sharp selloffs in both tech and crypto stocks.

Timothy Peterson, a prominent analyst, has warned that the cryptocurrency market might soon face a downturn.