Sunday, July 14, 2024

Finance News

ECB Freezes Key Rate Again After 15 Months

The European Central Bank (ECB) has stopped raising its key interest rate for the first time in 15 months and freezes interest rates. This is interpreted as a result of reflecting the somewhat eased inflation and signs of recession in...

Eurozone HICP Revision is Up 0.5% from July

The August consumer price index (HICP revision), which shows the economic sentiment of 20 eurozone countries, rose 5.2% year-on-year, the European Union's Statistical Office said on the 19th. According to MarketWatch and AFP, the EU Statistics Office said that the...

OEDC: Interest Rates Should Be Kept High

The Organization for Economic Cooperation and Development (OECD) insisted on the 19th (local time) that central banks in each country should keep interest rates at their current high levels or raise them further to beat inflation. According to the Financial...

U.S. CPI Rose as Oil Prices Soared

With international oil prices hitting a yearly high day after day, the U.S. Consumer Price Index (CPI) growth rate exceeded market forecasts, raising concerns over a rebound in inflation. The prolonged U.S. Federal Reserve (Fed) tightening is also gaining momentum....

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