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U.S. Labor Productivity Falls at The Fastest Rate in 74 Years

The number of new applications for unemployment benefits in the United States increased by 19,000 over the past week to a total of 200,000. The...

Stagflation in the European Union will happen if people become scared...

Inflation in the European Union is accelerating every month. While in February the price level in the EU-27 rose by 6.2 per cent on...

The euro falls to its weakest level in five years against...

The US dollar is the strongest against the euro since mid-2017. The euro could be bought for less than 1.06 US dollars on the foreign...

Inflation in the EU is soaring. Where does it grow the fastest?

The price level growth in the European Union moved a little higher again in March. The eight percent threshold is in sight, with huge differences...

Asia started the new week in the red. Shares fell mainly in...

Stock markets in China and Hong Kong entered the new trading week with a relatively significant decline. A growing number of newly confirmed cases of...

European Central Bank president expects the inflation growth to stop

Christine Lagarde remains confident that food and energy prices will stop rising, which should help the euro area avoid a combination of economic stagnation...

Inflation in Switzerland is set to double this year. 

The rate of price level growth is expected to reach 2.1 percent in Switzerland this year. While this is significantly lower than the inflation experienced...

The Bank of England follows the Fed and raises interest rates. Britain...

Inflation in the UK could even climb to eight per cent in April. The Bank of England therefore raised its base interest rate on Thursday...

The Fed has spoken. US central bank raises interest rates and...

The Federal Open Market Committee (FOMC), which decides on the monetary policy parameters within the US Federal Reserve, raised interest rates. And he did so...

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...

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