The US Federal Reserve decided to raise interest rates to the 3.75 %-4 % range in a scenario characterized by high inflation.
This is the Fed's first rate hike since July 2013 and one of the most controversial decisions by the new chairman of the agency, Kevin Warsh.
The rate increase could…
Read More...
Browsing Tag
rising inflation
Venezuela records inflation escalation to 13.6 % in August
The National Consumer Price Index (INPC) of Venezuela climbed to 13.6 % monthly in the month of August from 7.2 % registered in the previous month, although it has experienced a drop of 17 percentage points in year-on-year terms, to stand…
Impact of Brexit on UK inflation
The Brexit balances the financial scenario of the United Kingdom once again due to its effects, according to the Bank of England, in the accelerated increase in inflation.
According to recent estimates by Swati Dhingra, a member of the…