How rattled is the US Federal Reserve?
Inflation rate sends stock markets into tailspin as S&P 500 falls over 2% and Nasdaq down over 3.5%....
Tag : inflation
Bank deposits are expected to shrink, first in 80 yrs
Industry experts forecast a decline in bank deposits in the coming weeks due to interest rate hikes by the Fed....
Why US investors are worried about a recession
US economy shrank in the first quarter of 2022, but the market correction offers some respite....
Apple to keep iPhone production target unchanged in 2022
Output plateaus at 220 mn due to supply chain disruptions....
US inflation rate slows to 8.3% in April
Core CPI rate of inflation preferred by the Fed rises by a higher than expected 0.6%....
Sri Lanka deploys soldiers at petrol pumps to enforce rationing
The country is going through a major economic crisis due to a foreign currency shortage....
The impact of rising energy bills on ordinary Europeans
This comes at a time when Europe and the UK as a whole are suffering from low reserves....
Bank Indonesia to reduce liquidity in 2022 and keep rates low until inflation rises
The bank forecast the economy to expand between 3.2% and 4%...