INFLATION

British pound hits record low after tax cut plans

Published on: September 26, 2022
16:25

By: Pavel López Lazo

London, Sep 26 (Prensa Latina) The Bank of England sought to reassure financial markets after the British pound touched an all-time low against the U.S. dollar Monday, but its entreaty drop flat for investors concerned about a sweeping package of tax cuts that further jolted a faltering economy that the government’s plan was meant to prop up.

Fed raises interest rates by 0.75 point to fight off inflation

Published on: September 21, 2022
19:27

By: Pavel López Lazo

Washington, Sep 22 (Prensa Latina) In its eagerness to control the highest inflation in nearly 15 years and with no signs of letting up, the Federal Reserve (Fed) on Wednesday has pushed its interest rates by another 0.75 percentage point, lifting the target range to 3% to 3.25%.

Fed to analyze new interest rate hike

Published on: September 20, 2022
17:36

By: Pavel López Lazo

Washington, Sep 20 (Prensa Latina) U.S. Federal Reserve Open Market Committee (Fed) on Tuesday held a meeting to define new actions as part of the country´s monetary policy to control inflation.

Germany supports ECB for largest-ever interest rate hikes

Published on: September 11, 2022
11:54

By: Pavel López Lazo

Berlin, Sep 11 (Prensa Latina) German banking authorities on Sunday declared the European Central Bank (ECB) will keep its aggressive financial policy to control inflation, despite what it implies for regional economic growth.

Chile to close year with high inflation rate

Published on: September 8, 2022
00:30

By: Ana Luisa Brown

Santiago, Chile, Sep 8 (Prensa Latina) Inflation in Chile is will close at 12 percent this year, nearly 2 percent higher than June's estimates, the Central Bank informed recently.

Inflation rate in Haiti surpassed 30 percent in July

Published on: September 7, 2022
00:15

By: Ileana Ferrer Fonte

Port-au-Prince, Sep 7 (Prensa Latina) The inflation rate in Haiti stood at 30.5 percent in July, with a significant variation compared to previous months, according to a report from the Institute of Statistics.

Vietnam maintains macroeconomic stability and inflation control

Published on: September 6, 2022
10:44

By: Ileana Ferrer Fonte

Hanoi, Sep 6 (Prensa Latina) Vietnam's Prime Minister Pham Minh Chinh on Tuesday stated that the country maintains macroeconomic stability and inflation control, despite facing countless difficulties and challenges.

Democrats peg domestic inflation to corporate greed on campaign trail

Published on: August 29, 2022
18:51

By: Pavel López Lazo

Washington, Aug 29 (Prensa Latina) Democrats are currently vowing to crack down on corporate greed and price gouging on the campaigns trail as the party aims to quell voters´ concerns over decades-high inflation ahead of November's mid-term elections, The Hill newspaper reported.

Panamanian legislature accused of inflating the staff

Published on: August 23, 2022
09:24

By: Alina Ramos Martin

Panama City, Aug 23 (Prensa Latina) Media and independent deputies questioned the increase in staff and associated expenses in the National Assembly (Parliament) of Panama.

Euro ramps up after wholesale price inflation in U.S.

Published on: August 11, 2022
17:31

By: Pavel López Lazo

Berlin, Aug 11 (Prensa Latina) The euro rose on Thursday and reached .0350, following wholesale price inflation data in the United States.

NEWS