FRANKFURT AM MAIN, GERMANY – President of the European Central Bank Christine Lagarde announced a … [+] 75bps rise in European interest rates to combat inflation (Photo by Ronald Wittek &#...
Tag: Inflation
ECB Hikes Interest Rate 75 Basis Points as Inflation Hits
As such, the ECB’s latest move demonstrates that global liquidity tightening is in full swing, which weakens the case for bullish revival in risk assets, including cryptocurrencies. Later this m...
Inflation fears spur shoppers to get early jump on year-end holidays
Inflation is a Scrooge. Although the holiday season is still months away, consumers are already concerned about how they will afford this year’s gifts as prices continue to rise, several studies...
Fed Chair Powell vows to raise rates to fight inflation ‘until the job is done’
Federal Reserve Chairman Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too used to higher prices and comes to expect them as th...
Commerzbank CEO says lenders are prepared for failing loans risk
The chief executive of one of Germany’s biggest banks, Commerzbank, sought to reassure investors Thursday about the prospect of non-performing loans this winter, saying banks are far better plac...
Watch Fed Chair Jerome Powell speak live in Q&A at the Cato Institute
[The stream is slated to start at 9:10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday morning in a question-and...
Michael ‘Big Short’ Burry: The Worst Is Yet to Come
No one can accuse the famed investor Michael Burry of inconsistency. The man immortalized by Michael Lewis’s book-turned-into-movie “The Big Short” has been bearish on stocks and other risk assets for...
Global Finance Market Might See Worst Case Scenario If Inflation is Not Controlled
The Consumer Price Index (CPIS) has revealed that the inflation rates have kind of cooled down as they have dropped from 9.1% to 8.5%. However, even then, the broader picture states that currently, th...
Fed on Path for Another 0.75-Point Interest-Rate Lift After Powell’s Inflation Pledge
Updated Sept. 7, 2022 10:29 am ET Listen to article (2 minutes) The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman ...
Fed Vice Chair Brainard vows ‘we are in this for as long as it takes’ to stop inflation
Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most. That will mean more interest rate increases and ...
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’ – Economics Bitcoin News
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropp...
Market bracing for another three-quarter point hike from the Fed this month
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. Mandel Ngan | AFP | Getty Images Traders are now seeing a near-certainty that the Fede...
Analyst warns ‘shared hell’ for investors is coming if inflation is not fixed
As a result of rising inflation, expectations for global economic growth are being revised downward, and it would seem that the global economy is now in the midst of a significant growth slowdown. The...
AdirizeDAO Aims To Be The New Hedge Against Inflation, as BTC, SOL Experience Severe Pullbacks
Advertisement     With its core feature as a currency without a central authority, Bitcoin (BTC) has been acclaimed as a hedge against inflation over the years. When m...
Unilever is not seeing signs of ‘peak inflation’ in the U.S.
Consumer prices hinted at “peak inflation” as they eased to 8.5% in July (read more). Still, Alan Jope – the Chief Executive of Unilever plc (LON: ULVR) has a different outlook. Highlights from CEO Jo...
Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation
“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionair...
The “Inflation Gap” Is Your Biggest Threat Now. Here’s How To Beat It
Inflation in newspapers getty Whether you own a Treasury or the typical dividend stock these days, you’re still losing money after inflation. I know what you’re thinking: tell me something I don’t kno...
When Is The September CPI Report, And What Should You Expect From It?
WASHINGTON, DC – FEBRUARY 16: U.S. Sen. Todd Young (R-ID) references a chart on rising costs during … [+] a press conference on inflation, at the Russell Senate Office Building on February...
Turkey’s Inflation Exceeds 80% in Worst Price Blowout Since 1998
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Turkish inflation exceeded 80% for the first time since Se...
Where Does Inflation Come From? A Not So Brief History Of Inflationary Markets
Inflationary periods offer investors a very different set of circumstances in which they can profit. Getty Images The causes of inflation, as well as the severity with which inflation influences consu...
How much cash you need in an emergency fund at every career stage
Nirunya Juntoomma | Istock | Getty Images If you’re feeling unsteady amid stock market volatility, high inflation and rising interest rates, you may wonder how much cash you really need to have ...
Will Europe’s ‘Third World’ Economic Crisis Lead To Global Recession?
Netherlands leadership says Europeans need to get used to being poorer. Bad policy decisions leading … [+] to one crisis after the next as layoffs begin in one of the most important economic reg...
What does the Fed’s fight against inflation mean for crypto? Macro analyst explains
The Federal Reserve’s efforts to battle inflation by rising interest rates and killing demand may have limited results as long as the supply side of the inflation problem won’t be fixed, accordi...
France says imposing a price cap on Russian oil will be difficult
France’s Finance Minister Bruno Le Maire speaks on July 25, 2022 at the Finance ministry in Berlin, Germany. David Gannon | Afp | Getty Images French Finance Minister Bruno Le Maire said on Satu...
Gasoline Prices Should Keep Falling Unless This Happens
Gasoline prices are expected to continue their downward trend during Labor Day weekend as consumers are still receiving a reprieve. Crude oil prices declined on Sept. 2 to $86.97 a barrel on ongoing f...
Investing in Gold-Backed Cryptos When Inflation Explodes
Advertisement     When it comes to cryptocurrencies, there are various factors that investors consider when making decisions. One such factor is inflation, which can s...
The Fed Isn’t Moving the Stock Market, or the Price of Credit
In a meeting with pollster Brett Lloyd last week, he indicated that a number of U.S. Senate seats increasingly lean Democratic. After which, House seats are far more in play than is normally the case ...
Global Energy Markets Enter Winter Of Discontent
LONDON, ENGLAND – AUGUST 26: Protesters hold placards during a demonstration against rising energy … [+] prices outside Ofgem’s headquarters in Canary Wharf on August 26, 2022 in Lon...
Texas Sees Historic 26% Surge in Tax Revenue as Inflation Soars
(Bloomberg) — Texas’s tax revenue is rising by historic amounts, in part as economic growth and soaring inflation drive up the price of goods. Most Read from Bloomberg The Lone Star state collec...
Drought’s Toll On Farmers, Food At Cop27, And Why Direct-To-Consumer Is Nowhere Near Over
Drought wears on you mentally. Nebraska organic farmer Kevin Fulton told me that earlier this week, as I asked him about his 28 years in the business for my latest feature, out this morning. What he s...