The US dollar has overtaken the Euro for the second time in 20 years. The Euro exchange rate recorded its low value in September 2002. For the second time in 20 years, the Euro currency exchange rate has surged in value that is almost equivalent to the US dollar. On
Annual inflation rate exceeds the central bank’s prediction, rising to 7.3%. The price of constructing a new dwelling increases by 18% in a year. According to government data, the annual inflation reached a new 32-year high, increasing from 6.9% in the first quarter to 7.3%. Analysts predicted a 7.1% growth
The increase in food costs accelerated to 3.2% from November’s rate of 2.2%. France, Italy, and Spain this week registered new all-time highs in the inflation rates. Eurozone inflation climbed to a new level, consumer prices increased 8.6% from a year earlier in June, up from 8.1% in May, pushed
Central banks should not reverse government asset purchases. The crypto market has been in red this December. The US inflation rate just hit 6.8%, the highest in over 40 years, placing pressure on the country’s central banks. Everyone wants to know whether this inflation is transitory or permanent. Persistent problems
