Displaying items by tag: FED

The U.S. Federal Reserve should be open to raising interest rates by half a percentage point in july if it opts not to make credit adjustments at this month's meeting, said former Treasury Secretary Lawrence Summers.

Published in Finances
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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.

Published in Finances
Friday, 23 September 2022 00:44

Producer price index as of august 2022 was 127.83

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.

Published in Economy

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.

Published in Finances