Browsing Tag

inflation

United States IPC stopped in April

The consumption price index (CPI) of the United States stopped its ascending path in April at 8.3 % at an interannual rate, two tenths less than in the previous month, when it had registered its greatest reading since December 1981, according to the Office of Labor Statistics of the US Department of…

Chile reaches double-digit inflation

The Chilean Consumer Price Index climbed again in April to stand at an interannual rate of 10.5%, according to data released by the National Institute of Statistics (INE). The new increase in the price of products and services was caused…

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GDP decreases and inflation increases in Germany

The German Economy and Climate Minister, Robert Habeck, admitted that the war between Russia and Ukraine is impacting the German economy and pointed out that the new growth projections for the end of 2022 highlight that the GDP will grow…

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Energy prices impact European inflation

Christine Lagarde, president of the European Central Bank (ECB) stressed that an increase in interest rates will not impact the reduction in energy prices, which are responsible for 50 % of the increase in inflation on the continent. The…

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IMF asks central banks to deal with inflation

The managing director of the International Monetary Fund (IMF) asked the central banks to adopt "decisive actions" for the benefit of the economies of their countries in the current inflationary context, aggravated by the war situation in…

Cryptocurrencies

Cryptocurrency prices drop 4 % in a volatile market

The most popular digital currencies in the global market, such as Bitcoin and Ethereum, registered a drop in their prices of around 4 %, within the framework of a fairly volatile market environment exacerbated by the war between Russia and…

Cryptocurrencies

Colombians show more interest towards cryptocurrencies

The interest of Colombians in cryptocurrencies has increased significantly in 2022. This is demonstrated by the most recent study carried out by the marketing agency Sherolck Communications, which shows that 22.3 % of citizens expect to buy…

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The Fed will reduce its balance sheet by 95,000 million dollars

The United States Federal Reserve (Fed) opened the door, in its last monetary policy meeting, to a reduction in its balance of assets worth 95,000 million dollars, (equivalent to 87,188 million euros) per month as of summer, according to…

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Venezuelan Gross Domestic Product will grow 20 % in 2022

Credit Suisse, a financial services firm, pointed out that they estimate a growth of the real Venezuelan Gross Domestic Product (GDP) in the order of 20 % for this year, when the previous projection was 4.5 %, as a consequence of the…

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Deutsche Bank expects ECB reaction to inflation

The president of Deutsche Bank and the Association of German Banks (BdB), Christian Sewing, stated that he expects a prompt reaction from the European Central Bank (ECB) in the face of the new increase in inflation. “In the midst of all…

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UK announces measures to ease inflation

The UK Finance Minister, Rishi Sunak, announced before Parliament some fiscal measures, including a reduction in social contributions and fuel taxes, to alleviate the effect of rising prices on British consumers. Sunak indicated that the…

Argentina regulates prices of 580 market products

The Government of Argentina announced that the country's supermarkets must lower the prices of 580 products to the value they had on March 10 due to "unjustifiable increases." The decision was adopted by the Ministry of Internal Trade,…

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