Tag: Inflation

US Federal Reserve Chair Jerome Powell departs after speaking at a news conference on interest rates, the economy and monetary policy actions, at the Federal Reserve Building in Washington, DC, June 15, 2022. – The Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points on June 15 as it battles against surging inflation. The Fed’s policy-setting Federal Open Market Committee reaffirmed that it remains “strongly committed to returning inflation to its 2 percent objective” and expects to continue to raise the key rate. (Photo by Olivier DOULIERY / AFP)

Is recession the only way out of US inflation scourge?

by AFP

June 16, 2022

US Federal Reserve Chair Jerome Powell departs after speaking at a news conference on interest rates, the economy and monetary ...

ECB chief Christine Lagarde delivers a speech during the IUCN World Conservation Congress on September 3, 2021, in Marseille, southern France. – The IUCN World Congress will drive action on nature-based recovery, climate change and biodiversity. (Photo by Ludovic MARIN / AFP)

Lagarde bats back ECB staff’s inflation wage ask

by AFP

May 9, 2022

ECB chief Christine Lagarde delivers a speech during the IUCN World Conservation Congress on September 3, 2021, in Marseille, southern ...

The spectre of inflation has been identified as one of the factors affecting Africa’s economic recovery. /Getty Images

Insecurity, inflation, low vaccination threaten Nigeria’s outlook, IMF warns

by Abraham

April 29, 2022

Credit/Maduforo Precious/Afriupdate news Insists FX reform is necessary route to achieving stability ‘Africa faces new shock, lack sufficient space for ...

After months of relief, soaring energy prices raise inflation fears

by Abraham

March 14, 2022

PHOTO: StarTribune • As countries ban food, raw materials export • At over N700 per litre, diesel becoming scarce, firms ...

A Pakistani money dealer counts US dollar notes at a currency exchange in Islamabad on March 12, 2014. Pakistan's finance minister Ishaq Dar on March 12 said he was optimistic about an economic recovery after the rupee breached the psychologically important 100 to the dollar mark. The currency had been losing its value against the greenback since Sharif's PML-N government came to power in June last year, sliding from 97 rupees to the dollar to a low of 108 in December. AFP PHOTO/Aamir QURESHI

Economists, stock market wait on monetary tools as MPC meets

by Abraham

January 24, 2022

A Pakistani money dealer counts US dollar notes at a currency exchange in Islamabad on March 12, 2014. Pakistan's finance ...

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