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Posted 09/09/2022

China’s CPI Slows in August as Covid Curbs, Energy Crunch Weigh on Economy

Consumer inflation in China was 2.5% in August, slower than expected due to an...

Posted 09/09/2022

ECB Raises Key Policy Rate by 75 Basis Points to Tackle 40-Year High Inflation

The European Central Bank (ECB) raised its three official interest rates by 75 basis...

Posted 08/09/2022

Liz Truss Announces Price Cap on Energy Bills as Part of Stimulus Package

The new British Prime Minister Liz Truss announced her first relief package to help...

Posted 08/09/2022

European Central Bank Considers Another Big Rate Hikes as Inflation Intensifies

The European Central Bank is poised to raise interest rates again on Thursday, potentially...

Posted 08/09/2022

Goldman Sachs Expects 75/50/25 Rate Hike by Year’s End with Upcycle to Extend Beyond 2022

Goldman Sachs stated that the firm had raised the Fed forecast to include a...

Posted 08/09/2022

Sterling Drops to Near 40-Year Low amid Concerns of Truss’ Plan to Bail Energy Crisis

Sterling on Wednesday plummeted to its lowest level against the U.S. dollar in nearly...

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