Getty Images TL;DR Data shows that the economy is doing better than many have expected President Biden has officially forgiven some student debt Inflation remains high and is likely to continue to be ...
Tag: Inflation
Historian Niall Ferguson has a warning for investors
Top historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse. Speaking to CNBC at the Ambrosetti Forum in Ita...
Here’s The What Financial Markets Will Be Watching Out For This September
NEW YORK, NY – FEBRUARY 2: (Photo by Drew Angerer/Getty Images) Getty Images Historically, September has seen the worst monthly stock market returns in recent history. That together, with the fa...
Eurozone Inflation Hits 9.1% Historic-High! Crypto Market Trades Flat
Cryptocurrency again witnesses a hard hit. Eurozone Hits 9.1% tumbling the cryptocurrency market. Analysts are setting up a meeting soon on September 8th, Euro area is expected to be...
What’s inflation and the case of 9% in Italy
Italy reports 9% inflation for the month, while Europe is not doing much better at 9.1%. BREAKING: ?? Eurozone inflation reaches 9.1%, the highest ever recorded. — Watcher.Guru (@WatcherGuru) August 3...
Eurozone hits record inflation of 9.1% amid gas and energy crisis
August marks the ninth consecutive month of rising inflation for the Eurozone at 9.1%. In July, the official inflation numbers landed at 8.9%. The Eurozone consists of 19 countries, including Germany,...
New Job, Career Paths From Inflation Reduction Act, CHIPS Act And Infrastructure Bill
Woman in energy industry, from Power Magazine, … [+] https://www.powermag.com/women-are-essential-to-a-thriving-power-generation-sector/ Power magazine The hundreds of billions of dollars recent...
How to preserve capital during inflation using cryptocurrencies?
Just when the global economy largely recovered from the crippling effects of the COVID-19 pandemic, geopolitical tensions and the resultant supply chain pressures have once again roiled financial mark...
Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies – Coinotizia
The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspe...
Euro-Zone Inflation Rate Hits All Time High, Will Crypto Market Suffer More?
The Euro-zone is facing a series of financial challenges, as the effects of the Russian war escalate further. Amidst the downfall of the global financial scene, the Euro is underperforming. In a recen...
Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies – Economics Bitcoin News
The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspe...
Ever-Highest Inflation Rates Were Observed in Italy
Consumer prices have increased by 0.8 percent every month, speeding up from the 0.4 percent rise in July Bitstamp, Crypto.com, and Coinbase have received approval for their services in Italy. Accordin...
Buterin makes the case for alternative stablecoin technology in high inflation environment
Vitalik Buterin said the cryptocurrency industry would benefit from developing new forms of stability away from dollar-pegged stablecoins. Responding to Coinbase CEO Brian Armstrong, who asked if ther...
How Educators Plan To Manage, Outsmart Inflation This Back-To-School Season
Two boys and a girl put their hands up in class in the 1950’s. (Photo by FPG/Getty Images) Getty Images By now, it’s a safe bet to assume that most of us have at least heard the murmurs and whis...
Fed’s Mester sees benchmark rate above 4% and no cuts at least through 2023
Loretta Mester at Jackson Hole, Wyoming David A. Grogan | CNBC Cleveland Federal Reserve President Loretta Mester said Wednesday she sees interest rates rising considerably higher before the central b...
Euro-Zone Inflation Hits Record as ECB Hawks Push Jumbo Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Euro-area inflation accelerated to another all-time high, ...
Euro Area Inflation Hits 9.1% – Trustnodes
Inflation in the euro zone has risen to 9.1% according to a flash estimate by Eurostat for August. “Euro area annual inflation is expected to be 9.1% in August 2022, up from 8.9% in July,” it said. En...
Cryptocurrency markets trade flat as Eurozone inflation hits record 9.1%
Eurozone consumer inflation rose to its highest-ever level at 9.1%, putting additional pressure on the European Central Bank (ECB) to hike rates. Cryptocurrency markets continued to trade flat as the ...
Fed’s Moves To Fight Inflation Are Bad For BTC Traders In Short-Term
The raging inflation and the Federal Reserve’s approach to fighting it have seemingly affected the crypto market negatively. The first sell-off trend started when the Feds announced an interest rate h...
IMF Expects US Economy To Experience High Inflation
Inflation will be high for at least a year or two Furman Says Fed Should Raise Inflation Goal Many central banks, including the Fed, have adopted a 2% inflation target in recent decades The Internatio...
Tether fights back against insolvency claims, EU struggles to curb inflation
The biggest news in the cryptoverse for Aug. 30 includes the FBI’s warning against using DeFi protocols, liquidation of $20 million in Bitcoin longs, and Tether’s fightback against WSJ insolvency clai...
Dow Falls 300 Points, Bond Yields Surge As Investors Bet On More Rate Hikes
Topline Stocks fell for a third day in a row on Tuesday as the recent summer market rally continues to fizzle out, with investors growing nervous about more big interest rate hikes from the Federal Re...
Fed’s Williams pushes back on expectations of a rate cut next year
John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Federal Reserve President John Willia...
The Inflation Reduction Act Gives A Boost To Nuclear Fusion
Technicians work on the bioshield inside the Tokamak Building of the International Thermonuclear … [+] Experimental Reactor in southeastern France. AFP via Getty Images As most people know by no...
First Solar’s Investment Thanks To Inflation Reduction Act. Can China Derail It?
First Solar, America’s premier solar manufacturer, said it will invest over a billion dollars thanks … [+] to the Inflation Reductio Act. (Photo by Robert Laberge/Getty Images for NASCAR) ...
Central bankers worry that a new era of high inflation is beginning
Jerome Powell, chair of the Federal Reserve walks in Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., ...
Powell’s Inflation-Fighting Speech Sets Up Larger 75bps September Hike
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking at the … [+] Jackson Hole Economic Policy Symposium on the floor of the New York Stock Exchange (NYSE)...
UK inflation could top 22% as energy prices soar, Goldman Sachs warns
Goldman Sachs has said that the U.K. is likely to fall into recession in the fourth quarter 2023. Richard Baker | In Pictures | Getty Images LONDON — U.K. inflation could soar above 22% next year if e...