The inflation, one of the endemic problems of the Argentine economy, regained strong momentum in September, thus breaking its downward trend registered in the previous five months. According to data released this Thursday by the National Institute of Statistics and Censuses (Indec), the consumer price index advanced 3.5% in September compared to last August and […]
Tag: Inflation
Fed, close to reducing asset purchases, remains divided on inflation
Despite a widely shared view that the U.S. labor market has recovered enough to allow the Federal Reserve (Fed) start reducing your monthly bond purchases starting next month, central bank officials remain divided on inflation and what they should do about it. The US government reported Thursday that producer prices climbed 8.6% in the 12 […]
Central Bank of Chile applies an interest rate hike to 2.75% due to the rise in inflation
The Central Bank of Chile announced this Wednesday, October 13, the increase in its benchmark interest rate from 1.50% to 2.75%, the biggest rise in 20 years, in a context of inflationary pressures. The issuing entity made the decision to raise the so-called monetary policy rate (MPR) unanimously by the members of its Board, when […]
IMF and G20 concerned about product shortages and inflation
Leaders of industrialized countries pledged in Washington to address logistics problems caused by the pandemic, which are driving up prices and slowing global growth. Global supply chain bottlenecks are a central theme at the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB), as well as in the appointments of the […]
IMF predicts prolonged global inflation if vaccination is not accelerated
The International Monetary Fund (IMF) continues to consider that global inflation will be “transitory” but admits that it could be prolonged if global access to vaccines is not accelerated, said its managing director. Kristalina Georgieva. At the start of the annual meeting of the IMF and the World Bank (WB)Georgieva commented on growing concern about […]
Inflation in the United States rises to 5.4% in September, according to the Government
According to the Bureau of Labor Statistics (BLS) in the United States, annual inflation reached its highest level in 13 years in September: it stood at 5.4%. After moderating for two months, the consumer price index (IPC) climbed again in the ninth month of 2021, 0.4% compared to August, when it had marked a decrease […]
IMF: Peru, among the strongest economies by 2022
The International Monetary Fund (IMF) yesterday modified its economic expectations in our country, to the point that they now foresee a growth in the PBI 10% for this year (8.5% projected last April). While for 2022 they foresee that the economy will reach 4.6% (before it was 5.2%); However, despite the 0.6 percentage point decline, […]
New decline in the value of the dollar, which will tend to stabilize
The dollar depreciated at the beginning of the week, for the second time in a row, after the ministerial changes. Yesterday it closed at S / 4.0730. In this way, the US currency lost 0.51% compared to Thursday, October 7 (S / 4.0940); and -1.09% from Wednesday 6th, when Guido Bellido he left the PCM […]