ANP extension ANNOUNCEMENTS•today, 08:26 Andre Meinema Economics journalist Andre Meinema Economics journalist The past year has been quite disastrous financially, a year of losses and high prices. It was unprecedentedly turbulent and uncertain, and we went from one crisis to another. The news ranged from war to the energy crisis, from skyrocketing inflation to the … Read more
ANP extension ANNOUNCEMENTS•today, 15:24•Edited today, 15:42 Inflation and the energy crisis have made oliebollen more expensive, but we haven’t stopped eating the delicacy. The Dutch are buying as many oliebollen this year as last year, Arend Kisteman of the Dutch Bread and Pastry Bakers Entrepreneurs Association (NBOV) argues against the ANP news agency. Has a … Read more
need Turkish Central Bank Banks and commercial lenders are expected to refrain from making large dollar purchases on behalf of their corporate customers until Monday, according to people familiar with the matter. The people, who asked not to be identified because the information was confidential, said on Wednesday that regulators were trying to ease pressure … Read more
Technology stocks fell in US stock prices while Treasury yields increased as the market absorbed growth opportunities andinflation This will result from China lifting its isolation measures related to the fight against the virus Covid. The ‘Standard & Poor’s 500’ index fell amid weak trading conditions, which saw trading volume drop nearly 20% from its … Read more
NEW YORK – U.S. vacation sales have increased this year, a sign that consumer spending remains strong despite rising prices on everything from food to rent, according to one indicator. Holiday sales were up 7.6% from 8.5% last year as people started spending what they saved during the early part of the pandemic, according to … Read more
With the central bank now signaling a higher final interest rate than many market participants expected, “reaching consensus” on next steps “certainly wouldn’t be easier,” Schnabel said. The German official said the European Central Bank had downplayed the importance of continued inflation previously and “didn’t initially take signs of rising inflation seriously enough” because it … Read more
ANP extension Just before Christmas, while energy prices are unprecedented, the president of De Nederlandsche Bank (DNB) Klaas Knot, calls on employers: raise wages by 5 to 7%. This, together with the government’s energy cap, should be enough to bear the pain of rising prices. It comes as a result of a Catshuis meeting last … Read more
Schufa’s proposal to use account data to specifically support people in financial difficulty with interest-free loans has drawn criticism from the parties. “I am skeptical that borrowing through the proposed loan will provide the necessary support and security in the current crisis,” said Martin Rosemann, social policy spokesman for the SPD parliamentary group, on Thursday. … Read more
The Turkish central bank keeps its key interest rate at 9%. With this, the central bank is responding to the Turkish president’s desire to bring interest rates below 10 percent by the end of the year. This while Turkey is struggling with sky-high inflation of over 84% year-on-year. Price hikes in the country are fueled … Read more
19 dec 2022 om 12:00Update: 42 minuten geleden Higher wages pose no threat to the Dutch economy. The average wage increase will be 5% next year and more is in the works, predicts De Nederlandsche Bank (DNB). DNB is pleased with the discovery. “We think this development is positive. There are sectors where a higher … Read more