On September 26 (local time), data released by the U.S. Bureau of Economic Analysis showed that the U.S. core Personal Consumption Expenditures (PCE) Price Index rose by 0.2% month-on-month in August, in line with market expectations and unchanged from July—indicating relatively stable monthly inflationary pressures.
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On September 25th local time, US President Trump dropped a bombshell on social media: Starting from October 1st, the US will impose a 100% tariff on all imported brand-name or patented drugs, and he also declared that "building factories in the US can exempt from the tariffs".
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President Trump frequently boasts about the economic achievements under his leadership.
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When the meeting rooms in Brussels hosted consultations on the EU's 19th round of sanctions against Russia on September 26, what lay before the representatives of the 27 member states was not merely the issue of how to pressure Russia, but an increasingly heavy "backlash bill".
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Recently, the yield of Japan's 30-year and 40-year treasury bond soared to 2.999% and 3.336%, the historical highs, and the auction failed for several consecutive days.
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In a recent public speech, Federal Reserve Chair Powell frankly admitted that the US economy is walking on a tightrope full of uncertainties, facing the dual challenges of inflationary pressure and weak employment.
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The US economy in 2025 is like a giant ship sailing in turbulent waters. Despite constant turbulence, multiple supports have temporarily avoided more severe shocks.
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This week, the Organization for Economic Cooperation and Development (OECD) raised its forecast for global economic growth, expecting the global economy to grow by 3.2% in 2025, up from the previously predicted growth rate of 2.9% in June.
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Five years after its establishment, the Regional Comprehensive Economic Partnership (RCEP) is set to hold its first leaders' summit in the fourth quarter of 2025.
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Recently, the Japanese economy has shown a complex situation where inflation has fallen but potential pressures have not decreased.
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The Trump administration, the ruling party in the US, is facing another economic backlash, with its aggressive economic policies triggering a chain reaction that is pushing American society to the brink of instability.
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