Tag: Consumer prices
The press conference with Christine Lagarde in the Newsblog
Another question about TPI. It is clear that there is still a need for clarification. TPI be on additional Instrument, affirms Lagarde – and repeats the wording that she already…
Price inflation in the US rises to 8.6 percent in May
Fed Chair Jerome Powell watched by traders on the US stock exchange The US Federal Reserve must fight inflation without stalling the economy. (Photo: Reuters) New York, Frankfurt After the…
Erdogan wants to lower interest rates further – lira gives way
Turkey Inflation in Turkey is 73.5 percent. (Photo: imago images/NurPhoto) Istanbul Turkish President Recep Tayyip Erdogan announces further interest rate cuts by the central bank despite inflation exceeding 70 percent.…
The number of over-indebted private households will increase
Berlin The chairman of the Advisory Council for Consumer Questions in the Federal Ministry for Consumer Protection, Peter Kenning, raises the alarm in view of the cost increases for consumers.…
Inflation in Germany rises to almost 8 percent
Berlin, Frankfort The inflation rate in Germany continued to rise in May. Consumer prices increased by 7.9 percent compared to the same month last year, as the Federal Statistical Office…
Inflation in Germany increases in May
Shopping mile in Dusseldorf Consumer prices in Germany have increased significantly in recent months. (Photo: NurPhoto/Getty Images) Frankfurt The inflation rate in Germany continued to rise in May. Consumer prices…
British central banker enrages Johnson’s Tories
Bank of England BoE chief Andrew Bailey faces the House of Commons Finance Committee in London. (Photo: Bloomberg) London In December of last year, the Bank of England (BoE) raised…
Inflation in the US at 8.3 percent
Federal Reserve in Washington The US Federal Reserve wants to fight inflation with rising interest rates while ensuring that the country does not slide into a recession. (Photo: dpa) Dusseldorf…
Weaponizing Energy – Morning Briefing Plus
A few weeks ago I argued in an editorial that Germany – despite all the devastating consequences for the economy – may have to prepare for a boycott of Russian…
This is how Christine Lagarde explains the decisions of the ECB
Anyone wanting more clarity on the timing of a first rate hike hoped for will probably be disappointed today. According to the ECB’s orientation, interest rates should “just after” the…
This is how Christine Lagarde explains the decisions of the ECB
Anyone wanting more clarity on the timing of a first rate hike hoped for will probably be disappointed today. According to the ECB’s orientation, interest rates should “just after” the…
Inflation in the US rises to 8.5 percent in March
Dusseldorf, Frankfurt, New York Worse than expected and still better than feared – this is how the eagerly awaited latest inflation data from the USA can be summarized. In March,…
Inflation in the US rises to 8.5 percent in March
Federal Reserve in Washington Dusseldorf Inflation in the USA increased further in March. Consumer prices in the world’s largest currency area increased by 8.5 percent compared to the same month…
First oil price rise will drive inflation at least two years
Berlin The tense situation caused by the Ukraine war is causing oil prices to rise. In March, the oil price rose by around 20 percent. That jump in March will…
Inflation shock in Europe – Morning Briefing Plus
Hello dear readers, If you drive past petrol stations more often these days, or if you are renovating a house (like I am right now) or if you are responsible…
Euro inflation at record high – what can the ECB do?
Dusseldorf The European Central Bank (ECB) once again missed its medium-term inflation target of two percent in March. The inflation rate of 7.5 percent was also significantly higher than expected.…
Inflation in the euro area rises to 7.5 percent
Record values at the pump Prices in the euro area are rising significantly. The increase in energy prices is particularly pronounced. (Photo: dpa) Dusseldorf/Frankfurt In view of the very high…
Inflation in the euro area rises to 7.5 percent
Record values at the pump Prices in the euro area are rising significantly. The increase in energy prices is particularly pronounced. (Photo: dpa) Dusseldorf/Frankfurt The inflation rate in the euro…
Inflation in the euro area rises to 7.5 percent
Record values at the pump Prices in the euro area are rising significantly. The increase in energy prices is particularly pronounced. (Photo: dpa) Dusseldorf/Frankfurt The inflation rate in the euro…
Inflation in the US rises to 7.9 percent in February
Jerome Powell High inflation in the US is putting pressure on the Fed chair to raise interest rates. (Photo: dpa) Dusseldorf The price level in the USA continues to rise…