“International Monetary”: The US economy will not witness a recession thanks to the “Federal Reserve”
The International Monetary Fund revealed that the US economy is likely to slow in 2022 and 2023, but it will avoid entering a recession, as the Federal Reserve implements its plan to tighten interest rates to curb inflation. In a report reported by Bloomberg on Saturday, the Fund said that the priority of policy officials […]
Index – Economy – Inflation is easy to understand through haircuts
Economic developments at the Side Door Beauty Salon in Central Illinois are bad news for anyone worried about rising inflation. Haircuts are a service that no U.S. consumer can obtain from abroad. When haircut prices rise, economists say it is a sign that inflation is deeply embedded in the domestic economy. Although the example is […]
How does the rate hike affect me?
Low interest rates have been the trend in recent years. However, the European Central Bank (ECB) is going to vary its monetary policy to try to contain inflation, and that will change the direction of the price of money. The first increase in eleven years by the central bank will not take place until next […]
Inflation: How it affects your mortgage credit – El Sol de Puebla
For a few weeks, the financial institutions reported that at the international level there is a problem with inflation, since it is in increase, To deal with this situation, different tactics are being used. In this way, it is intended that the citizens’ pockets remain stable and without major losses. In the case of Bank […]
High inflation protects us against new euro crisis for the time being | NOW
In economic circles, there are fears here and there of a new euro crisis, just now that it has been decided that Greece no longer needs to be supervised by the EU. The southern euro countries could run into problems due to an interest rate hike by the European Central Bank (ECB). However, experts tell […]
How is it, Mr Erdogan? There’s Bad News from Turkey…
Jakarta, CNBC Indonesia – Consumer confidence index (consumer confidence index/CCI) Turkey recorded a decline in June 2022. This figure reached a record low due to a surge in inflation and the weakening of the Turkish lira. In May 2022, the inflation rate has reached 73.5% (year-on-year/yoy). Almost ten times higher than the inflation rate in […]
Index – Economy – Hungarian Suzuki would significantly increase car production
The global chip deficit and the many sea container shipping difficulties in the first half of the year did not benefit the Esztergom car plant: the volume of cars produced decreased by four percent compared to the plan. They were forced to stop several times, were taken back from two shifts, and by the end […]
FOMC “0.75% interest rate hike” drastically changes, interest rate rises investment stance to take in 2023 | Market Focus | Diamond Online
Photo:PIXTA The FOMC decided on June 15 to raise rates significantly by 0.75%, indicating that it is expected to raise hawkish rates and slow down economic growth in the future. The closerness of the FRB’s assumptions to economic reality has the effect of narrowing the room for market sentiment to be unnecessarily pessimistic and optimistic, […]
Thai stocks closed down -14.50 points, the market returned to worry about inflation again. Broker recommends following the Fed’s stance.
The SET closed down -14.50 points, the broker pointed out that the index collapsed in accordance with the overall regional outlook. From the momentum selling energy stocks Financial institutions and retail stocks Suggest to keep an eye on the attitude of the Fed chairman tonight. Assessing the investment framework of tomorrow may have a chance […]
US Federal Reserve chief expects “other surprises”
In a speech to Congress, Powell stressed that the US economy is strong enough and capable of facing these challenges. US President Joe Biden said, earlier, that a recession is not inevitable, and that he is confident that the United States will overcome inflation. The inflation rate in the United States rose in May by […]