Tag: Economy
Record job search rates also behind US inflation
The rate of consumer price inflation in the US reached 7.5 per cent in January, the highest in forty years. However, in addition to...
Contradictory statements by ECB board members sent the euro down. The...
While some members of the European Central Bank's Governing Council are already talking about possible interest rate hikes, ECB President Christine Lagarde is speaking...
US inflation has surpassed another historic goal. It is the highest since...
Growth in the prices of goods and services in the United States accelerated again in December. The last time inflation in the US was this...
Global economy awaits significant growth slowdown, World Bank predicts
The economies of the United States, the eurozone and China will grow more slowly this year than originally forecast, which will also sign off...
The dollar strengthened slightly against the euro. Easing fears over omicron...
The U.S. dollar has wiped off losses it suffered after news of the appearance of the omicron variant, which is spreading faster than the previous variant of the SARS-COV-2 delta virus. Indeed, it seems that omicron will not be as much of a danger to economic recovery as originally assumed.
The world economy will grow by six percent. Asia has worse...
In its current forecast, the International Monetary Fund expects the global gross domestic product to grow by six percent. It predicts the same economic growth as in April this year. However, the region of Southeast Asia will face a slight deterioration.
The head of the investment company BlackRock wants to strengthen finances...
Larry Fink, CEO of BlackRock Investment Company, believes that governments should prepare a stronger long-term financial plan to transform the economy into a low-carbon...
German inflation accelerated well above the European Central Bank’s target
The price level in Germany in May rose by 2.5 percent year on year. Compared with April, inflation accelerated by 0.4 percentage points. This follows from preliminary data from the Federal Statistical Office.
Yellen: Interest rates should rise slightly. The dollar responded by strengthening
The US economy is said to be in danger of overheating and so it would be desirable for a slight increase in interest rates. Current US Treasury Secretary and former US central bank chief Janet Yellen think so.
The euro area economy contracted year on year and quarter on...
The economies of the euro-paying countries fell by 1.8 percent year on year between January and March. The performance of the European Union's economy has fallen to almost the same extent. Portugal saw the biggest drop.























