Token Rice Amidst Skyrocketing Inflation
In what seems like a token gesture amidst a sea of economic woes, the Federal Government has proudly announced the ...
Tag: inflation
Peru’s Central Bank Expected to Maintain Interest Rate Amid Core Inflation
The Central Reserve Bank of Peru is expected to maintain its benchmark interest rate at 5.75% in its upcoming monetary ...
Egypt’s Inflation Cools for Fourth Month, But Bread Price Hike Looms
Egyptians might see some relief on their grocery bills as inflation is expected to decline for a fourth straight month ...
Powell: Fed Made Progress on Inflation
Federal Reserve Chair Jerome Powell acknowledged progress in reducing inflation but emphasized the need for sustained downward momentum before considering ...
Inflation Is Hitting Us Hard- ASUU Cries Out
The Academic Staff Union of Universities, University of Medical Sciences, Ondo State chapter, has urged the Federal Government to uphold ...
Nvidia Rebounds, Markets Rally Amid Inflation Concerns
The global financial markets experienced a significant rally on Wednesday, June 26, 2024, as Nvidia's stock price rebounded from a ...
UK Inflation Returns to 2% Target
The latest figures from the Office for National Statistics (ONS) reveal that the UK's inflation rate has decreased to 2%, ...
South Africa’s Inflation Remains Stubbornly High at 5.2%
South Africa's fight against inflation appears to be holding steady, with consumer prices rising at an annual rate of 5.2% ...
Nigeria’s Inflation Soars to Highest Level in Decades
Nigeria's inflation rate has skyrocketed to a staggering 33.95%, the highest level in 28 years, according to official data released ...
European Stocks Decline as Hawkish Fed Rate Path Offsets Inflation Optimism
European equities retreated from their previous gains as the Federal Reserve's hawkish interest rate projections overshadowed optimism sparked by softer ...
US Annual Inflation Rate Declines to 3.3% in May, Lowest Level in a Year
The US Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) report for May 2024, revealing a slight ...
Egypt’s Annual Inflation Rate Drops Below 30% for the First Time in 2024
Egyptians looking for a break finally got some good news on the economic front. The country's annual inflation rate for ...
Federal Reserve Maintains Hawkish Stance on Inflation, Signaling Potential Rate Hikes Ahead
The Federal Reserve has reaffirmed its commitment to combating persistently high inflation, indicating a possible continuation of interest rate hikes ...
UK Interest Rates Remain Steady Despite Inflation Decrease
London, UK - The Bank of England (BOE) has opted to maintain its key interest rate, despite the UK's inflation ...
Istanbul Retail Inflation Hits Highest Since December 2022
Istanbul, Turkey - Istanbul's annual retail inflation rate surged to its highest level since December 2022, reaching 82.2% in May, ...
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