Browsing Tag
inflation
105 posts
74% Americans ‘Stressed’ About Personal Finances: U.S. Dollar to Drop?
A recent CNBC survey pointed out that nearly 74% of Americans are ‘stressed’ about their personal finances. The…
No Escaping Inflation Without Recession: JPMorgan Strategist
According to JPMorgan Asset Management strategist Karen Ward, Western economies won’t escape inflation without a recession. According to…
Average 30-Year Fixed Mortgage Rate Increases to 7.4%
US mortgage rates continued their upward trajectory this week, with the average 30-year fixed rate increasing to 7.4%,…
Euro Zone’s Core Inflation Focus Might Be Misguided
The Euro Zone’s headline inflation has halved in the previous nine months. The figure for the month of…
Netherlands Enters Recession, Shrinks 0.3% in Q2 2023
As per the data shared by Statistics Netherlands, the Dutch economy has entered a recession, shrinking by 0.3%…
UK Headline Inflation Drops to 6.8%, But CPI Remains Unchanged
The UK’s headline inflation fell sharply in July to 6.8%, which is in line with a Reuters poll…
BlackRock Says Inflation is Still a Concern
Speaking to Bloomberg, BlackRock’s Marilyn Watson said that inflation is still a concern for the market. Specifically, the…
UK’s Bank of England Hikes Interest Rates by Another 0.25%
UK’s Bank of England (BOE) has raised interest rates by 25 basis points, following a similar move by…
European Central Bank Raises Interest Rate by 0.25%
The European Central Bank (ECB) has increased interest rates by 0.25%. This is the ninth consecutive rate hike…
UK Inflation Falls to 7.9% in June: Drops 0.8% From May
In June, UK’s inflation rate decreased to 7.9%, as reported by the Office for National Statistics. This figure…
