inflation Archives - Page 17 of 22

ECB’s unhelpful ambiguity

By Craig Erlam European stocks edged higher Thursday ahead of the long bank holiday weekend; ending the week not far from where they started as investors mull the latest policy decisions, inflation

15th April 2022

Markets/World

Hawks fill the skies

By Jeffrey Halley The procession of central banks hiking rates in an attempt to see off inflation has continued over the last 24 hours. The Bank of Canada hiked by 0.50% overnight,

14th April 2022

Markets/World

Cost of living squeeze the new normal

Inflation is the rate of increase in prices, meaning that you need more money to buy the same product or service. By extent, if your salary remains the same, your purchasing power

13th April 2022

Business/Comment

Inflation biggest threat to recovery

Finance Minister Constantinos Petrides fears the current energy crunch fuelled by the war in Ukraine will be difficult to tame, comparing it to the oil crisis in the 1970s. Addressing the 12th

12th April 2022

Cyprus/Economy

Bitcoin to hit $75,000 by year-end, says crypto bull

Bitcoin will recover from the current crypto crash to hit a fresh all-time high of $75,000 by the end of 2022, according to bullish predictions by the CEO of a leading financial

12th April 2022

Markets/World

Inflation hits record high 7.1% in March

Increases in petrol prices, electricity and other utility bills, fruit and vegetables have driven inflation up in March to a record 7.1%, according to the Cyprus Statistical Service. Inflation continued its upward

8th April 2022

Cyprus

Cautiously higher after strong US jobs report

By Craig Erlam Equity markets nudged higher at the end of the week after suffering losses on Thursday earlier, as the consolidation phase continues. This continues to be a very headline-driven market

2nd April 2022

Markets/World

Cost of labour rises amid inflation hike

In the last quarter of 2021, the average hourly labour cost in Cyprus was estimated to have edged up by 1.6%, compared with the same quarter of the previous year, according to

25th March 2022

Cyprus/Economy

Hawkish Powell roils markets, oil rallies

By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks traded higher Tuesday morning, while European shares rose after Fed Chair Jerome Powell struck a more hawkish tone on monetary policy. In

22nd March 2022

Markets/World

Fed set to raise interest rates to rein in inflation

By Heather Scott US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to cap rising inflation before it surges out of control.

16th March 2022

Markets/World