Economic Indicators

Iraq has recently seen a gradual rise in inflation, with the cost of goods and services climbing due to a combination of domestic and global factors. The inflation uptick has particularly affected food prices, transportation, and other daily necessities, placing additional strains on households across the country. Observers point to rising global costs, currency fluctuations,…

**U.S. Economy Stays Strong Despite Tariff and Inflation Concerns** Major U.S. banks report that the American economy continues to show resilience, even in the face of persistent concerns about tariffs and rising inflation. Third-quarter earnings from several banks indicate solid consumer spending and loan growth, which have helped support economic expansion. However, executives warn that…

Former President Donald Trump recently claimed that inflation had been “defeated” and argued the Federal Reserve should lower interest rates. However, inflation remains higher than the Fed’s longstanding 2% target, and while rates have been stable in recent months, prices for many goods and services are still elevated compared to before the pandemic. The Fed…

**Bureau of Labor Statistics Recalls Workers to Prepare Key Inflation Data** The Bureau of Labor Statistics (BLS) has requested that some employees return to work, despite ongoing government funding uncertainties, in order to finish gathering and analyzing data for the upcoming September inflation report. This crucial inflation data is watched closely by policymakers and economists,…