With the CME FedWatch Tool showing a likelihood of over 99% of a 25-bps hike in the first meeting of the year, the FOMC delivered exactly as expected, raising the federal funds rate to 4.50% – 4.75%. ...
Tag: Transitory
Solana [SOL] ranks second by NFT volume, but this might be transitory
Solana’s NFT market dominance was challenged by declining transactions and migrations. The ecosystem also saw a decline in users’ interest; however, the SOL token did not suffer. Solana was performing...
Transitory inflation talk is back. But economists say higher prices here to stay
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Global markets have taken heart in recent weeks from data indicating that in...
Entrenched Inflation Vs. Transitory Inflation
| Getty Images Key Takeaways Transitory inflation tends to be short-lived and circumstantial, while entrenched inflation tends to stick around even after the immediate problems that spurred it on have...
“Transitory” U.S. inflation hits 7.5% in January, 40 year high
The U.S. inflation rate year-over-year, or the Consumer Price Index for All Urban Consumers (CPI-U) to be precise, increased 0.6% in January on a seasonally adjusted basis, the U.S. Bureau of Labor St...
Sweden’s inflation rate at a 29 year high, “transitory”
Inflation is on the rise in many parts of the world. On Wednesday, The U.S. Federal Reserve reported a CPI inflation of 7.0% for December. Following this trend, the inflation rate of the Swedish krona...