The Federal Reserve Chairman Jerome Powell told the congressional lawmakers yesterday that the central...
Food and energy price hikes push UK inflation to fresh 40-year high of 9.1% in May
Inflation in the UK reached a record 40-year high of 9.1% in May, as...
BoE Agrees for 5th Rate Hikes by 25bp to Tame Inflation Projected to Hit 11% in October
The Bank of England on Thursday agreed to implement its fifth consecutive interest rate...
Fed Hikes Rate by 75bp and Expects 50-75bp Raise in July Meeting
The Federal Reserve on Wednesday raised its benchmark interest rates by 75 basis point,...
Germany Reports 3rd Straight Record High of Inflation in May amid Rising Energy and Food Prices
Germany reported a growth of 7.9% for its annual inflation rate in May 2022,...
Brokers Now Expect 75bp Hike in June from Fed to Slow Down Inflation, Goldman Sees 4% in 2023
The higher-than-expected U.S. inflation in May had caused the fluctuation for the risk assets...