Tag Archives: inflation

On Thursday, March 23, at 08:30 GMT, the Swiss National Bank (SNB) is scheduled to declare its Monetary Policy Decision. As the release time draws near, below are the predictions made by the economists and researchers of 5 major banks on the impending central bank’s Interest Rate Decision. Notwithstanding the …

British inflation unexpectedly rose to 10.4% in February, pushed up by higher food prices and pricier drinks in pubs and restaurants, official data showed on Wednesday, a day before the Bank of England announces its latest interest rate decision. Economists polled by Reuters had forecast that the annual CPI rate …

According to Statistics Canada statistics released on Tuesday, Canada’s annual inflation rate decreased more than anticipated in February as lower gas prices and slower housing cost growth helped down the consumer price index to its lowest point since January 2022. Inflation fell from 5.9% in January to 5.2% in February, …

On Tuesday, S&P analysts think it is doubtful that the failure of several US banks will prevent authorities from continuing their efforts to control inflation.The global rating agency also mentioned that the decision to write off Credit Suisse’s AT1 bonds may contribute to a higher cost of capital for banks.On …

As US inflation is still high and as the banking sector encounters difficulties, and as both facts necessitate and demand opposite responses, the Fed is widely seen as stuck between a rock and a hard place ahead of FOMC meeting. Fed Chair Jerome Powell is still required to continue the …

Wall Street finished lower on Friday, capping off a turbulent week marked by an evolving banking crisis and the gathering storm clouds of a possible recession. All three indexes finished the session in the red, with financial stocks falling the most of the S&P 500’s major sectors. All three indexes …

The ECB hiked rates by 50 bps. Economists also believe that the ECB is still worried about the inflation picture and will continue hiking in the upcoming meetings.The ECB hiked rates by 50 bps despite ongoing market turbulence. The uncertain market situation led to the ECB not giving any signals …

The European Central Bank (ECB) is set to announce its decision on monetary policy on Thursday, March 16 at 13:15 GMT and as we get closer to the release time, here are the expectations as forecast by the economists and researchers of 5 major banks. ECB is likely to hike …

The Turkish Finance Ministry said on Wednesday that the Turkish government’s budget recorded a deficit of 170.56 billion liras ($8.99 billion) in February, showing the impact of the violent earthquakes that hit the southeast of the country last month. The ministry added that the core budget, which does not include …

The collapse of Signature Bank and SVB has economists divided on whether it would affect the Fed’s decision to hike interest rates later this month. Policymakers are now dealing with financial panic and persistent inflation.The debate started late Sunday with anticipations that the Fed won’t raise rates at the conclusion …