Jakarta, CNBC Indonesia – The Central Bank of the United States (US) or The Fed gave the latest signal regarding the increase in interest rates. This is done considering the country’s inflation is still growing. In a treatise quoted CNBC International, the Fed reportedly sees the need to raise its benchmark interest rate by 50 … Read more
Imagine having to pay two or three times the price of a product just because you’re in a New York City airport. That was standard practice until now, as the Port Authority of New York and New Jersey, which manages LaGuardia Airport, John F. Kennedy Airport and Newark Liberty Airport, this week announced a series … Read more
The New York Comptroller revealed Friday that consumer prices grew 6.1% in the New York City metro area in March 2022 compared to the same month a year ago, driven by double-digit increases in energy and transportation costs, according to an analysis by the United States Bureau of Labor Statistics (BLS). Despite lagging inflation nationally … Read more
Jakarta, CNBC Indonesia – Inflation in the United States (US) has the potential to soar again in the March 2022 period. Global investors are currently anxiously awaiting the release of the data. On Tuesday morning US time or Wednesday evening Indonesian time, the US Department of Labor will release inflation data for the period March … Read more
Jakarta, CNBC Indonesia – The ‘ghost’ of inflation continues to haunt the United States (US). This condition was also responded by Federal Reserve Governor Jerome Powell who promised to take strict action because it jeopardizes the ongoing economic recovery. “The labor market is very strong, and inflation is too high,” the head of the central … Read more
Jakarta – The United States (US) is currently experiencing the highest inflation in the last 40 years. The inflation rate for the 2021 period was recorded to have risen to 7%. Director of the Center of Economics and Law Studies (CELIOS) Bhima Yudhistira Adhinegara revealed that the inflation transition in the US and developed countries … Read more