The dollar exchange rate began rising this Thursday, April 11, and was around S/3.7158, according to preliminary data from the Bloomberg international currency exchange portal. The day before, the greenback had started its career above S/3.7050 and then climbed to S/3.7180 at the official closing of the BCRP, following the confirmed inflation in the United […]
Tag: inflation in the US
US inflation in March could affect interest rate decision
A new rise in inflation in March in the United States could definitively remove the prospect of an interest rate cut by the Federal Reservethe US central bank, at its June meeting. Long awaited by the markets, the reduction in interest rates would be a relief for many companies dependent on credit for their development, […]
Inflation in the US slows but remains high; prices are reduced very gradually
Annual inflation in the United States fell last month but remained high, in the latest sign that pandemic-driven price increases are being brought under control, albeit gradually and unevenly. The report released Tuesday by the Labor Department showed that the consumer price index rose 0.3% from December to January, an increase from the previous month’s […]
Yellen: inflation in the US is falling “significantly”; here is your prediction
The Secretary of the Treasury of the United States, Janet Yellensaid Tuesday that he believes the inflation is coming down “significantly”, and that with inflation expectations under control it should not be particularly difficult to finish the job of easing price pressures. “I see no reason, on the path we are currently on, why inflation […]
More rate increases are needed to guarantee “timely” control of inflation
The Federal Reserve “You must raise interest rates further to control inflation.”in a timely manner“said the governor of the entity, Michelle Bowman, on Friday in statements in which she outlined a hard-line argument based on a possible increase in energy prices and the possibility that the battle against inflation will take years to resolve. be […]
Financial quake now clouds Fed inflation debate
Officials at the US Federal Reserve will meet again next week amid persistent inflation, though now they will face the first sharp fallout from aggressive interest rate hikes the central bank approved last year. The sudden failure of Silicon Valley Bank last week is not expected to stop the fed keep raising rates at their […]
Wall Street draws plans for different inflation scenarios
Whether the peace can last will depend a lot on Tuesday’s consumer price index. Consensus is growing that a softer reading is likely to reinvigorate the new year’s rally in stocks, while something stronger could extend last week’s selloff in risky assets. Stocks and bonds have risen sharply since October, when inflation reversed a two-year […]
Inflation in the US is increasingly broad-based, warns Williams of New York Fed
Updated on 11/18/2021 03:59 pm Inflation in the United States is becoming broader and expectations of future price increases are rising, a trend that monetary authorities will be watching closely, said New York Federal Reserve (Fed) Chairman John Williams. While some of the price increases seen today are related to the pandemic and imbalances between […]
Biden places reducing inflation among his “top priorities”
Updated on 11/10/2021 01:32 pm US President Joe Biden said that reducing inflation is one of his “top priorities”, After knowing that the interannual rate has shot up to 6.2% in October, the highest in three decades in this country. In a statement released by the White House, Biden acknowledged that inflation “hurts the pockets […]
Patience diminishes in the face of high inflation in the US, says George of the Fed
Updated on 11/05/2021 01:32 pm With strong demand and tight supplies driving inflation more widely across the economy, the Federal Reserve may have a limited time before raising interest rates in response, a US central bank official suggested Friday. . “As supply chains improve and demand subsides, there is reason to expect inflation to eventually […]