Thu, March 28

Search Results for: inflation

U.S Inflation Falls to 6.4% in January as per Recent Release

Near the conclusion of last year, inflation in the United States began to moderate. As the CPI data has been refined over the previous several months, this tendency has been confirmed once again. The 7.1% inflation rate recorded in November was below market forecasts. This trend continued in December when

February 14, 2023 2 mins read

ISG Survey: Inflation and Recession Will Accelerate Digital Transformation in the European Insurance Industry

Respondents look to new customer acquisition, cost optimization and outsourcing to contend with economic pressures Sustainability enters European insurers’ top-five priority list FRANKFURT, Germany–(BUSINESS WIRE)–$III #ClimateChange–Three-quarters of European insurance industry leaders say geopolitical tensions, persistently high inflation and the threat of recession will drive their companies to accelerate their digital

January 11, 2023 3 mins read

ECB Raises Interest Rates by 0.5 Basis Points to Curb Inflation

The European Central Bank (ECB) joined the U.S. Federal Reserve and other central banks around the globe in taking action against inflation on Thursday by lowering the pace at which it is increasing interest rates. In an effort to combat the high costs that are weighing on consumers, the central

December 16, 2022 2 mins read

Crypto Market Rallies as U.S Inflation Drops to 7.1% For November

The publication of the November statistics for the Consumer Price Index (CPI) by the U.S. Bureau of Labor Statistics caused a sharp increase in the value of cryptocurrencies including Bitcoin (BTC). The US consumer price index drops from October’s 7.7% to November’s 7.1%. CPI for November was predicted to come

December 13, 2022 1 min read

Indian Finance Minister Step-up to Low Inflation & Boost Economy

Central bank officials strive to stabilize Asia’s third-largest economy in the midst of challenging global conditions. While India’s Finance Minister Nirmala Sitharaman stated in the Reuters NEXT conference on Wednesday that she expects strong growth and lower inflation in the upcoming year. In addition, Nirmala Sitharaman specified Growth, health, and

December 1, 2022 1 min read

Inflation in Germany Records 3-Decade High of 10% in September

It’s worth noting that inflation has been over 7% for the last seven months. The country in question had the biggest positive flows of crypto, totaling $2.9 million. Rising inflation has eroded the purchasing power of the average person throughout the globe, creating a cost-of-living issue. Inflation rates throughout the

October 13, 2022 1 min read

Ever-Highest Inflation Rates Were Observed in Italy 

Consumer prices have increased by 0.8 percent every month, speeding up from the 0.4 percent rise in July Bitstamp, Crypto.com, and Coinbase have received approval for their services in Italy. According to current trend happens, there has been widespread inflation all around the world. The recent data, Italy has had

August 31, 2022 2 mins read

Bitcoin Drops Subsequent To Powell’s Inflation Remarks 

In the previous day, the price of Bitcoin fell by 6.3%. The majority of cryptocurrencies also lost value after Powell’s remarks. Bitcoin and other cryptocurrencies fell on Friday as traders reacted to hawkish remarks made by Federal Reserve Chairman Jerome Powell during a major address at the Jackson Hole economic

August 27, 2022 1 min read

Inflation in Eurozone Surges To 25-Year High of 8.9% in July

On July 21st, the European Central Bank (ECB) stated that it will raise interest rates. The Bank of England has already raised interest rates six times in a row. Inflation in the Eurozone reached an incredible high of 8.9% in July. The last time it was this high was 25

August 18, 2022 2 mins read

Crypto Market Reacts Positively Amid Reduced U.S Inflation Rate

Compared to June, the annual rate of inflation reduced marginally to 8.5%. Bitcoin is trading at $24,003 with a 4% increase in the last 24 hours. After a long period of stagnation, U.S inflation has fallen for the first time since April. Compared to June, the annual rate of inflation

August 10, 2022 2 mins read