Displaying items by tag: FED

Federal Reserve (Fed) Chairman Jerome Powell said the U.S. would be prepared to increase the pace of interest rate hikes and send borrowing costs higher than previously thought if economic data warrants it.

The Índice General de Precios al Productor (IPP) for august 2022 was 127.83 and the monthly variation was 0.30%, compared to July of this year. The price increase was higher for information and telecommunications activities; artistic, entertainment, and recreational activities; and manufacturing industry.

Yesterday the Federal Reserve of the United States (FED), raised interest rates again by 0.75% in its fight against the clock to curb historic levels of inflation.