Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

Esta semana, the Statistics Bureau of Japan unveiled the latest core consumer price index (IPC) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Al mismo tiempo, the cycle with the highest hikes may soon be over, the officials indicated. End of

Ron Paul on the Fall of the US Dollar as Reserve Currency: ‘It’s Always Longer Than Some Predictions’

Ron Paul, a former U.S. representative and member of the Libertarian Party, has addressed recent events directed to undermine the influence of the U.S. dollar as a reserve currency in international markets. Paul believes that even if this does happen, eso…

Billionaire ‘Bond King’ Jeffrey Gundlach Expects Fed to Raise Rates Next Week — ‘That Would Be the Last Increase’

Billionaire Jeffrey Gundlach, aka theBond King,” expects the Federal Reserve to raise interest rates at its March meeting next week, cual “would be the last increase,” él dijo. Además, Gundlach cautioned: “The inflationary policy is back in play with

Banco Central de Argentina emitirá nuevos 2,000 Billete de peso mientras la inflación sigue aumentando

El Banco Central de Argentina anunció la emisión de un nuevo 2,000 peso bill, destinado a aliviar la carga del uso de efectivo para pagos en el país. La factura, which will have a value of a little more than $5

Informe del Banco Mundial pronostica sombrías perspectivas económicas mundiales, Citando “acontecimientos adversos” y una “desaceleración duradera”

es enero. 10, 2023, el Banco Mundial publicó su informe Perspectivas Económicas Globales, afirmando que las perspectivas para la economía global y las condiciones económicas futuras son sombrías. Según el informe, 2023 Las previsiones de crecimiento se han recortado en todos los ámbitos., con…

‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in a recessionby any definition.Michael Burry’s

Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars

The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. Los Estados Unidos. dollar reached a value of 356 pesos on December 28, losing

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (FMI)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

en noviembre. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 puntos básicos (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority