Brazilski predsednik Lula bo deloval kot povezovalec BRICS za pomoč Argentini, Razpravlja o kreditni liniji v brazilskih realih

Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules

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

Ta teden, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) 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. Ob istem času, the cycle with the highest hikes may soon be over, the officials indicated. End of

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. Glede na poročilo, 2023 growth forecasts have been cut across the board, z…

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

According to the International Monetary Fund (IMF)’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%

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

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

ZDA. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) avtor 75 bazične točke (bps). The American central bank said on Wednesday that the hike aims to curb inflation and

Bitcoin, Tehnična analiza Ethereuma: BTC spodaj $19,000 Po zapisniku FOMC

Bitcoin was trading below $19,000 v četrtek, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, while also acknowledging a level of surprise at the rate at which

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 trilijon

A recently published forecast stemming from the Federal Reserve Bank of Clevelands Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day Americas gross national debt

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Danes’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…