Browsing Tag

cpi

JPMorgan has large amounts of cash accumulated

The CEO of JPMorgan Chase, Jamie Dimon indicated that the institution is accumulating large amounts of cash to prepare for a possible rise in inflation. The main objective of the largest bank in the United States is to be able to benefit…

US CPI stood at 1.7% during February

The consumer price index (CPI) of the United States stood at 1.7 % last February, three tenths above the year-on-year inflation rate registered the previous month. It represents the highest price increase in the country since February 2020,…