inflation
UK inflation exceeds 10% as bread and milk prices soar
World
August 21, 2022
UK inflation exceeds 10% as bread and milk prices soar
(CNN Business) – Inflation in the United Kingdom hit a new 40-year high last month, rising above 10% for the…
CBE decision to fix interest rate contradicts expectations: expert
Business
August 19, 2022
CBE decision to fix interest rate contradicts expectations: expert
The decision of the Monetary Policy Committee of the Central Bank came in contravention of the expectations of most international…
Argentina hikes interest rates to 69.5% as inflation hits 20-year high
World
August 13, 2022
Argentina hikes interest rates to 69.5% as inflation hits 20-year high
Buenos Aires – Argentina’s central bank raised its benchmark interest rate by 950 basis points on Thursday as the country…
Rail strikes and labor shortages are hurting UK economy
World
June 21, 2022
Rail strikes and labor shortages are hurting UK economy
London (CNN Business)The United Kingdom has a jobs problem. There just aren’t enough workers to keep its economy moving forward, and many employees…
World has to work together to tackle inflation, energy crisis – Biden
World
June 19, 2022
World has to work together to tackle inflation, energy crisis – Biden
US President Joe Biden said Friday the whole world must work together to tackle inflation and mitigate the fallout of…
US Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years
Business
June 19, 2022
US Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years
The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive…
Pakistanis told to drink less tea as nation grapples with economic crisis
World
June 15, 2022
Pakistanis told to drink less tea as nation grapples with economic crisis
(CNN)Pakistanis have been urged to drink less tea to keep the economy afloat, as the world’s largest tea importer grapples…
Russian Central Bank cuts interest rates from 14% to 11%, citing lower inflation
World
May 26, 2022
Russian Central Bank cuts interest rates from 14% to 11%, citing lower inflation
Russia slashed interest rates on Thursday as a resurgent ruble — buoyed by robust oil and gas revenues — takes…
Inflation has become for first time in decades a clear and present danger to many countries of the world: PM
Business
May 13, 2022
Inflation has become for first time in decades a clear and present danger to many countries of the world: PM
Inflation has become, for the first time in many decades, a clear and present danger for many countries around the…
Egypt expected to raise interest rates as well soon: expert
Business
May 5, 2022
Egypt expected to raise interest rates as well soon: expert
The US Federal Reserve’s decision to raise interest rates was expected, Mohamed Kamal, an expert in the financial sector, said,…