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3232Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics
https://www.digit.info/uncertainty-over-fed-rate-cuts-intensifies-with-sticky-inflation-metrics/
Sat, 13 Apr 2024 19:19:18 +0000https://www.digit.info/2024/04/13/uncertainty-over-fed-rate-cuts-intensifies-with-sticky-inflation-metrics/Read more]]>As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for a reduction in July. Financial Analysts Question Timing of […]
]]>While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
https://www.digit.info/while-official-figures-claim-turkeys-inflation-rate-is-85-third-party-stats-say-its-closer-to-200/
Sat, 05 Nov 2022 21:30:07 +0000https://www.digit.info/2022/11/05/while-official-figures-claim-turkeys-inflation-rate-is-85-third-party-stats-say-its-closer-to-200/Read more]]>Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Turkey’s Interest Rate Remains Low, While Inflation Runs Rampant Turkey, the transcontinental country located […]