Since last year, the US Federal Reserve has raised the interest rate 10 times, to between 5 and 5.25%, the highest level since August 2007, which has led to a drop in
Markets await U.S. consumer price inflation figures for April, due on Wednesday pending any indication of the next interest rate decision. The Federal Reserve raised interest rates last week by 25 basis
On Monday, the “UGT” union and the “CEOE” and “SIBMI” employers’ organizations ratified the “Collective Negotiation and Employment Agreement”, according to what the organizations announced on their websites. The other major trade
On Friday, the Department of Labor released an employment report with the latest figures on unemployment and labor market dynamics in April. The document notes that the unemployment rate has fallen to
In the United States, the rift between supporters of the Democratic and Republican parties is escalating, raising concerns of an impending civil war, as discussed by economist Mikhail Khazin on Solovyov Live.
An analysis recently prepared by the British newspaper “Financial Times”, based on figures and forecasts published by Consensus Economics (a global macroeconomic research company), reveals that: Even by the end of next
In his second statements on inflation this year, Davutoglu said Turkey’s central bank had maintained its inflation forecast at 22.3% for 2023, adding that stable credit conditions and the exchange rate would
Most expectations are that the Fed will raise interest rates by a quarter of a percentage point, so that rates exceed 5%, with the pressure that this puts on growth rates. Recent
Inflation also rose for the first time in six months in April, giving the European Central Bank more justification for raising interest rates at its meeting on Thursday. The European Union’s statistics
WASHINGTON — Major U.S. price and wage growth remained strong in March, leading the Federal Reserve (Fed) to likely raise its key rate for the 10th time since March of last year
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