Varadkar: Banks cannot simultaneously demand rate hikes and expect benefits

Varadkar: Banks cannot simultaneously demand rate hikes and expect benefits

Leo Varadkar, the former Taoiseach of Ireland, has recently spoken out against Irish banks and their recent rate increases. Varadkar argues that the banks cannot have it both ways, that they cannot expect to be bailed out by taxpayers in times of need, while also increasing the cost of borrowing for those same taxpayers. In … Read more

All Spanish Mortgage Holders Can Rejoice as Esteemed Economist Reveals Positive Development

All Spanish Mortgage Holders Can Rejoice as Esteemed Economist Reveals Positive Development

After months of bad news for those who have variable mortgages in Spain due to the continued rise in interest rates and the Euribor, an index that most experts placed at 4% throughout 2023, the shock in the markets caused by the intervention of the American Silicon Valley Bank last Friday could change the forecasts. … Read more

Banking Crisis Fears Ease in New York: A Report by France 24

Banking Crisis Fears Ease in New York: A Report by France 24

First modification: 14/03/2023 – 20:47 02:01 The US president, Joe Biden, welcomed the slowdown in inflation, although he warned that the path to stability will not be without “setbacks”. The Central Bank is facing a lot of scrutiny for its measures to curb inflation, especially now after the Silicon Valley Bank debacle and fears of … Read more

He sells a roll a third cheaper and says: Chains have high margins – Seznam Správy

He sells a roll a third cheaper and says: Chains have high margins – Seznam Správy

The shop of the small network Pays off in Radotín is exaggeratedly reminiscent of a reading club. There are not many customers here in the morning, they are mostly seniors and they usually have one thing in common – they study etiquette honestly. They are trying to find out when butter, salami, cheese or other … Read more

Do the US labor market data support the Federal Reserve’s decision to raise interest rates strongly?

Do the US labor market data support the Federal Reserve’s decision to raise interest rates strongly?

The expected scenario for the US labor market data The currency markets will follow with great interest the issuance of the US labor market data during last February, which will have a very strong impact on the US dollar trading against other currencies, in addition to its expected strong impact on the stock and metal … Read more

“Inflationary pressures remain widespread”, underlines the Fed

“Inflationary pressures remain widespread”, underlines the Fed

UNITED STATES : “inflationary pressures remain widespread“, emphasizes the Fed Prices continue to climb in the United States and “inflationary pressures remain widespread“, indicated the American central bank (Fed) in its Beige Book released Wednesday, March 8. >> The Fed slows the pace of rate hikes but wants to continue them >> New jump in … Read more

Fed still undecided on rate hike in March: Powell

Fed still undecided on rate hike in March: Powell

[ニューヨーク 8日 ロイター] – Federal Reserve Chairman Jerome Powell will testify before the House Financial Services Committee on Wednesday, and a decision is almost certain at the Federal Open Market Committee (FOMC) on March 21-22. Officials have yet to make a decision on the size of the proposed rate hike, he said. “We haven’t made … Read more

Breakthrough year for workers: real wages fell by more than 7 percent due to inflation

Breakthrough year for workers: real wages fell by more than 7 percent due to inflation

The average wage in the Czech Republic increased by 7.9 percent year-on-year to 43,412 crowns in the fourth quarter of last year. However, after accounting for inflation, which reached 15.7 percent in the same period, wages decreased by 6.7 percent in real terms. It thus fell for the fifth quarter in a row, by 7.5 … Read more

Parasitic pricing raises food prices

Parasitic pricing raises food prices

A difference between wholesale and retail prices is nothing new. In addition to incorrect practices, there is also a fragmented supply. This became clear from the comments made to bTV by Vladimir Ivanov, chairman of the Commodity Exchanges and Markets Commission. As a solution to the problem he gave Spain. There, producers’ associations unite and … Read more