inflation

Fed Expects 6.5 Pct Drop In GDP This Year

Fed Expects 6.5 Pct Drop In GDP This Year
Fed Expects 6.5 Pct Drop In GDP This Year
June 10, 2020  |  Economy

The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic...

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NY Fed: Negative Interest Rates ‘Not The Right Tool’ For Recovery
NY Fed: Negative Interest Rates ‘Not The Right Tool’ For Recovery
May 21, 2020  |  Economy

New York Federal Reserve Bank President John Williams said economic data is likely to be worse as the impact of COVID-19 becomes clearer, Reuters reported....

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As Consumers Buy Online Inflation Follows, Index Shows
As Consumers Buy Online Inflation Follows, Index Shows
May 12, 2020  |  eCommerce

Online grocery sales saw a 110 percent increase in activity in April, according to Adobe’s Digital Economy Index (DEI), numbers spurred by the coronavirus‘s push...

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Bitcoin Daily: Bitcoin Exchange Balances Drop Prior To Halving; Price Of Physical Gold Jumps As ‘Digital Gold’ Falls
Bitcoin Daily: Bitcoin Exchange Balances Drop Prior To Halving; Price Of Physical Gold Jumps As...
April 15, 2020  |  Bitcoin

Investors might be keeping their bitcoins prior to halving in May, at which point rewards for each block mined will be reduced, CoinDesk reported. Get...

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Consumer Inflation Lessens In China Following Record High In February
Consumer Inflation Lessens In China Following Record High In February
April 10, 2020  |  International

After reaching its highest level in eight years in February, consumer inflation in China lessened last month. The country’s consumer price index increased 4.3 percent...

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Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
September 30, 2019  |  International

Zimbabwe, in an attempt to control the spiraling inflation problem with its currency, is restricting mobile money and tightening controls for foreign exchange outfits. It is...

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Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
July 01, 2019  |  International

The government in Zimbabwe has said it will allow citizens of the country to withdraw amounts up to $1,000 from foreign currency accounts, in a...

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Lower-Income Households More Confident In Economy
Lower-Income Households More Confident In Economy
March 31, 2019  |  Economy

Consumer sentiment improved in March as Americans felt better about the economy and the potential to earn money. Get the Full Story Complete the form...

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Experian: Bank Card Default Rates Rise 3.48 Pct In Feb
Experian: Bank Card Default Rates Rise 3.48 Pct In Feb
March 20, 2019  |  Consumer Finance

New data has revealed that bank card default rates rose six basis points to 3.48 percent. Get the Full Story Complete the form to unlock...

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