Interest Rates and Wealth Management
Impact on Inflation and Employment
Interest Rates and Wealth Management
Inflation in the Euro Zone drops to 2.4%, Below Forecasts
According to flash data released on Thursday, annual inflation in the euro zone fell to 2.4% in November from 2.9% in October.
A reading of 2.7% was anticipated by Reuters polling economists.
The European Central Bank's closely watched core inflation rate,...
Interest Rates and Wealth Management
US Wholesale Price Inflation Increased by 0.5% in September, More than expected
More than expected, US wholesale price inflation increased by 0.5% in September. Unexpectedly, high wholesale price growth in September was a sign of brewing inflationary pressures for the American economy.
The Labor Department reported on Wednesday that the producer price...
Interest Rates and Wealth Management
The Fed’s favorite inflation gauge rose less than expected in August
An economic indicator that the Federal Reserve uses as a measure of inflation rose less than expected in August, showing that the central bank's fight against rising prices is making progress.
The personal consumption expenditures price index, which excludes food...
Interest Rates and Wealth Management
G20 welcomes the African Union as a permanent member at the Delhi Summit
The African Union has become the second regional group to be admitted to full membership of the Group of 20 leading industrialized and developing countries, Indian Prime Minister Narendra Modi announced on Saturday at the start of the two-day...
Interest Rates and Wealth Management
G20 Countries Reach Consensus on New Delhi Joint Declaration
The Group of 20 countries on Saturday overcame differences over references to the war in Ukraine and agreed on a joint declaration that paves the way for debt repayment frameworks and country-based climate finance solutions, among other pledges to...
Interest Rates and Wealth Management
Federal Reserve to Launch Digital Payment System in July
The Federal Reserve of the USA is all set to launch a digital payments system in July this year. Federal Reserve promises that the digital payment system will help accelerate the way money moves around the globe.
Richmond Fed President...
Interest Rates and Wealth Management
Rate Hikes Are Slowed By Federal Reserve, Ecb, And Boe
Three of the world’s highly influential central banks reduced their pace of increase in interest-rate hikes. These banks acknowledged that somewhat price pressures are easing but also stressed that inflation is still far from over.
The Federal Reserve, Bank of...
Interest Rates and Wealth Management
Federal Reserve Officials Anticipate Higher Interest Rates For Some Time Ahead
Federal Reserve authorities are determined to fight inflation and are expecting higher interest rates for some time ahead until the inflation is within the target range of Federal Reserve, as discussed in the Fed’s December meeting.
Federal Reserve policymakers at...
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Key Fed inflation increased by 0.4% in January, up 2.8% from a year ago
Inflation increased in January as expected, according to a key indicator the Federal Reserve uses when deciding whether to...
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