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 official made these statements in the framework of an…
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inflation
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…
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…
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…
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…
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…
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…
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,…
Bank of England raises rates a quarter point
The Monetary Policy Committee of the Bank of England decided to increase, for the third consecutive time, the reference interest rate for operations by 25 basis points, going to 0.75 %. The decision was approved with votes in favor against…
Inflation in Brazil registers advance of 0.54 %
The National Consumer Price Index of Brazil registered an advance of 0.54 % in January, the greatest variation for this month since 2016 and more than double the data registered at the same month of 2021, as published by the Brazilian…
The US created 467 thousand new job vacancies in January
The US Department of Labor published a report reporting that the country opened some 467,000 new job vacancies during the month of January, greatly increasing the projections made by economists, who estimated some 150,000 jobs.
In a survey…