Browsing Tag
inflation
105 posts
European Central Bank Raises Interest Rates by 75 Basis Points
The European Central Bank follows suit after a series of interest rate hikes by global central banks. The…
Eurozone inflation reaches new ATH of 9.1% in August
Inflation in the Eurozone has been on the rise. As reported earlier this month, the number reached a…
Federal Reserve may bring in Recession: Sen. Elizabeth Warren
Senator Elizabeth Warren (D-Mass), spoke on CNN’s “State of the Union” on Sunday. While speaking with anchor Dana…
Will the Federal Reserve Increase Interest Rates a Fifth Time?
Federal Reserve Chairman Jerome Powell gave his annual policy speech on Friday, where he discussed the Fed’s ongoing…
Fed. Chairman: “Some Pain” is Coming as Economy fights Inflation
Fed Chairman Jerome Powell has said that “some pain” for the US Economy is ahead, as the Fed…
How will Bitcoin react to Jerome Powell’s speech today?
It’s been an extremely uncertain week for Bitcoin. After dropping ~11.5% during the 3rd week of August, BTC’s…
Sony increases PS5 prices due to high inflation
Over the last couple of weeks, the CPI numbers of a host of nations were revealed. For starters,…
‘Something Worse’ Than a Recession Could Be On Its Way, Says JPMorgan CEO Jamie Dimon
Banking giant JPMorgan’s CEO, Jamie Dimon, stated on a client call that something worse than a recession could…
Eurozone Inflation Numbers Reach 25-Year High at 8.9%
Eurozone inflation hit record numbers for July at 8.9%. This is the highest rate in the last 25…
United Kingdom (UK) Inflation Reaches 10.1%, Highest in 40 Years
The United Kingdom (UK) reached record inflation numbers for the month of July. According to the Office for…