interest rates
A significant decline in the price of gold today in Egypt with the beginning of trading
09:43 AM Friday March 18 2022 I wrote – Shaima Hefzy: The price of gold fell today, Friday, in Egypt, at the beginning of trading, compared to yesterday’s prices, and the price of a gram fell 7 pounds at once. The price of a gram of gold jumped by 11 pounds yesterday, but with the … Read more
The ECB and interest rates
In just under two weeks, the invasion of Ukraine and the sanctions against Russia tons of frozen water have been dumped on Europe. To the already high inflation -5.8% in the EU and 7.4% in Spain-, now it will be necessary to add another extra inflation for the new and sharp increase in the price … Read more
Official: The European Central Bank needs to consider its policy to avoid curbing growth
Rehn’s comments echo those of European Central Bank President Christine Lagarde, who this week warned that an accelerated tightening of monetary policy would damage the eurozone’s economic recovery from the pandemic. Read also: Lagarde pledges ‘gradual’ adjustment in ECB policy Policymakers in particular see a change in official sentiment soon over the next month, when … Read more
US Fed official supports raising interest rates by 1% until early July
‘alarming’ report Bullard said the inflation report made clear “the persistence of inflationary pressures in the US is a matter of concern to me and the Federal Reserve.” “Inflation is at its highest rate in 40 years and I think we have to be smarter and more reactive to the data,” he added. The 10-year … Read more