Tag: Inflation

Inflation is a process of price increase over time in the economy. This topic is getting ever more important these days, which is a reason why we inform on it regularly.
World Bank chief economist talks about global recession

World Bank chief economist talks about global recession

World Bank (WB) Chief Economist Carmen Reinhart doubts that the US and global economies will be able to avoid a recession.
EUR/USD drops after highest inflation reading ever

EUR/USD drops after highest inflation reading ever

Today, the euro has been under pressure in a downtrend channel, as the market awaits the release of the ISM manufacturing PMI for June.
Hungarian central bank unexpectedly raised the base rate

Hungarian central bank unexpectedly raised the base rate

Hungary's central bank shocked financial markets today by raising its key interest rate sharply. It increased by 1.85% to 7.75%.
Weekly macro report – recession fears ahead

Weekly macro report – recession fears ahead

The Macro Report reveals what caused market's movement in the previous week. Also includes thoughts on recession fears and inflation peaking.
GBP/USD erases post-CPI losses, climbs to daily highs

GBP/USD erases post-CPI losses, climbs to daily highs

It looks like the GBP has quickly erased today's post-CPI losses as traders are selling the greenback heading into Powell's testimony.
The US housing market is going through tough times

The US housing market is going through tough times

Mortgage rates in the US rose by more than 0.5% this week, an increase not seen in decades. This may be a problem for many Americans.
What can happen if BTC holds USD 20k?

What can happen if BTC holds USD 20k?

20k is ATH from the previous cycle. This level can hold for a while, but what happens after that?
GBP/USD jumps to 1.23 amid USD weakness

GBP/USD jumps to 1.23 amid USD weakness

The Bank of England has decided to raise the Bank Rate by 25 basis points to 1.25%. The central bank declared that inflation is set to peak at an alarming 11 percent by the end of the year.
Fed fights inflation and raises interest rates by 0.75%

Fed fights inflation and raises interest rates by 0.75%

The US Federal Reserve raised the base interest rate by 0.75%. It continues to tighten monetary policy in an attempt to tame high inflation.
USD/CHF fails at parity again, awaits FOMC verdict

USD/CHF fails at parity again, awaits FOMC verdict

Today's FOMC verdict will surely bring massive volatility to the FX market, influencing the USDCHF pair.