“The goals for 2047 have been set for international trade and till 2027, the commerce department will work towards laying a strong foundation to achieve these goals,” said an official. The plan is to increase the share of exports in the gross domestic product to 25%.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.