The Shocking Truth: Real US Inflation Rate is 18% According to Forbes

The Shocking Truth: Real US Inflation Rate is 18% According to Forbes

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

In response to inflation rates, Wall Street opens red – 2024-04-01 09:08:41

In response to inflation rates, Wall Street opens red
 – 2024-04-01 09:08:41

Wall Street opened this Wednesday in red and the Dow Jones Industrialsits main indicator, fell 0.12%, while investors await comments from the Reserva Federal (Fed) at the end of its monetary policy meeting. Ten minutes after the trading floor opened, the Dow Jones stood at 39,064 points, and the selective S&P 500 fell 0.06% to … Read more

Türkiye raises interest rates to 50% – 2024-04-01 04:28:13

Türkiye raises interest rates to 50%
 – 2024-04-01 04:28:13

FILE – In this Jan. 28, 2016, file photo, Turkish President Recep Tayyip Erdogan speaks to supporters in Ankara, Turkey. (Yasin Bulbul, Presidential Press Office, Pool via AP) He Banco Central of Türkiye raised interest rates from 45 to 50% in an effort to control higher-than-expected inflation, which in February reached 67% year-on-year. The issuing … Read more

Wall Street opens this Tuesday on mixed ground – 2024-03-28 21:13:41

Wall Street opens this Tuesday on mixed ground
 – 2024-03-28 21:13:41

Several exchange and stock brokers work on the trading floor in New York, United States, today, August 24, 2015. Wall Street collapsed today at the opening of the day and, in the first minutes of trading, the Dow Jones lost more than 1,000 points, although half an hour later the falls in its three indicators … Read more

Inflation Challenges Ahead for US Economy and President Biden: Impact on Interest Rates and Growth Expectations

Inflation Challenges Ahead for US Economy and President Biden: Impact on Interest Rates and Growth Expectations

In light of the slight and sudden increase in the inflation rate in the United States during the month of February, new challenges emerge before the US economy and President Joe Biden, at a time when increasing inflation is considered a possible indicator of a delay in lowering interest rates, which may negatively affect growth … Read more

US Inflation Continues to Rise, Outpacing Forecasts for a Second Month

US Inflation Continues to Rise, Outpacing Forecasts for a Second Month

US inflation tops forecasts for a second month Rising gasoline costs kept inflation elevated in February, underscoring that the road to more modest consumer price increases following a pandemic-induced spike may continue to be bumpy. The Numbers Rising gasoline costs and rent have kept inflation elevated in February, according to the Labor Department’s consumer price … Read more

Inflation: At 2.9% in February – Appreciations on the shelf – 2024-03-11 19:39:53

Inflation: At 2.9% in February – Appreciations on the shelf
 – 2024-03-11 19:39:53

Inflation stood at 2.9% in February compared to 3.1% in January, adding to the government’s concern about the new dynamics of price appreciation that is developing, as reported by ot.gr. Consumers in Greece are feeling even more financially stressed as despite the small deceleration in inflation compared to January is estimated, food prices remain high. … Read more

The methodology for calculating core inflation has been changed in Belarus | Society

The methodology for calculating core inflation has been changed in Belarus |  Society

The methodology for calculating core inflation has changed in Belarus. This follows from resolutions Belstat, published on the National Legal Portal. In particular, the list of goods and services for which core inflation is calculated has been supplemented with a number of items. They added marshmallows, instant cocoa drink, containers and jars for storing food, … Read more

Surprising Jump in Compulsory Insurance Prices for Passenger Cars in February 2024 – What You Need to Know

Surprising Jump in Compulsory Insurance Prices for Passenger Cars in February 2024 – What You Need to Know

Compulsory insurance has gone up in price, that’s the news you read every year, but what happened this year? According to the server top-pojištění.cz, only in February 2024 the price of compulsory insurance for passenger cars increased by leaps and bounds compared to last February. Specifically by 15%, when last February’s average for a passenger … Read more