The government is focusing on measures that will bring the industry closer to the market in the immediate future, as noted by the Minister of Development Kostas Skrekas speaking at the 9th Delphi Economic Forum. The minister referred to the necessity of training and education programs related to necessary skills and underlined that emphasis is … Read more
Inflation was 3.2% in March, from 2.9% in February, according to ELSTAT. At the same time, food inflation “ran” at a rate of 5.3% from 6.7% in the previous month. However, on a monthly basis, food inflation recorded a slight drop of 1.1% from February to March. Based on the fact that March was the … Read more
At the 9th Delphi Economic Forum, the Minister of Economy and Finance Kostis Hatzidakis, guest of Mr. Dimitrelis, director of capital.gr, spoke, stressing that “We will continue our serious and responsible fiscal policy”. Mr. Hatzidakis announced a total of 870 million euros in tax reliefs and reductions in 2025, which will result as follows: The … Read more
Annual inflation rose in March and underlying price pressures remained strong, raising questions about how much the US Federal Reserve will be able to cut interest rates this year. The Wall Street Journal Edition writesthat the consumer price index – a measure of prices for goods and services – rose 3.5% in March compared with … Read more
The New York Stock Exchange is moving in a mixed order on Tuesday, shortly after opening in the green, reluctant to take a clear direction before the publication of a crucial inflation indicator (CPI) on Wednesday. Around 2:00 p.m. GMT, the Dow Jones lost 0.15%, the Nasdaq index gained 0.33% and the broader S&P 500 … Read more
Major U.S. stock indexes opened higher on Monday (8th) as most large-cap stocks rose. However, rising bets that the U.S. central bank may delay an interest rate cut this year and rising U.S. bond yields limited gains in major stock indexes. before deadline,Dow Jones Industrial Averagerose more than 100 points or nearly 0.3%,Nasdaq Composite Indexrose … Read more
Credit Agricole Bank Polska assessed that the lower-than-expected CPI consumer inflation reading in March lowers the indicator’s forecasts for the rest of the year to 3.3%. y/y this year (compared to 3.5% before the revision) and up to 3.6%. in 2025 (compared to 4% before the revision). According to the bank’s economists, the price dynamics … Read more
At the time of writing, the bitcoin price is around $69,000. It seems that the bulls will have every difficulty in keeping the price permanently above $69,000, the all-time high of 2021. An important reason for this seems to lie in the current macroeconomic situation. In January and February, US inflation turned out to be … Read more
Washington. Federal Reserve Chairman Jerome Powell reiterated this Wednesday that the US central bank has time to deliberate on its first interest rate cut given the strength of the economy and recent inflation readings. “Recent data on job growth and inflation have been stronger than expected,” Powell said in remarks prepared for a meeting at … Read more
The real inflation rate in the US is 18%. This data is provided by the authoritative business magazine Forbes. The publication notes that back in 1983, Americans’ expenses on payments on loans of all types were excluded from the formula for calculating the consumer price index in the United States. In all likelihood, it was … Read more