Browsing Tag
inflation
108 posts
BlackRock CEO: US Inflation at Unprecedented Levels in 30 Years
The U.S. recession has been the subject of numerous speculations. Various economists, financial institutions, and policymakers have been…
Inflation War is ‘Pretty Much Won’ Says Economist Paul Krugman
Although the rate in the US has risen by 3.7% compared to last year, economist Paul Krugman has…
UK Economy Shrinks 0.5%, Biggest Dip Since December 2022
The UK economy has shrunk more than expected for the month of July. As per the Office for…
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…