Browsing Tag
inflation
105 posts
Reserve Bank of Australia announces 25 BPS rate hike
Central banks around the world continue to maintain a hawkish stance. Over the past few months, governments of…
Eurozone inflation reaches new ATH of 9.9%
The past few months have been characterized by high inflation number reports and headlines suggestive of continued macroeconomic…
Germany Announces a €200 Billion Relief Plan To Cope With Inflation
Germany is announcing a plan to aid its citizens to help combat soaring inflation, according to AP. Nations…
US Recession Is Very Much a Possibility, Says Citadel CEO Ken Griffin
A recession is every nation’s worst fear. The rise in inflation and soaring interest rates are all indications…
Fed Chair Jerome Powell Stresses a “Real Need” for Crypto Regulation
The Fed recently announced an interest rate hike of 75 bps during the FOMC meeting. This is in…
Costco Has No Plans to Hike $1.50 Hot Dog-and-Soda Combo Price
Costco Wholesale Business is a global corporation based in the United States that manages a chain of membership-only…
Bank of England Raises Interest Rate by 50 bps to 2.25%
Just a day back, the US Fed announced an interest rate hike of 75 basis points. With respect…
Fed Hikes the Interest Rate by 75BPS During the FOMC Meeting
The data for the Consumer Price Index for August 2022 was out last week. The US inflation rate…
US CPI Numbers are Due Tomorrow: Here’s What to Expect
The U.S. Bureau of Labor Statistics is set to release the inflation data for the month of August…
US Household Wealth Suffers Record Fall in Second Quarter
US Household wealth has fallen by a record amount in Q2 2022, according to Reuters. Household wealth fell…