The European Central Bank expects a 0.25 percent rise next month. Annual inflation in the eurozone’s 19 members hit an all-time high of 8.1 percent in May. Russia’s unlawful assault against Ukraine continues to wreak havoc on the European and global economies. In order to combat record high inflation driven by the war in Ukraine, … Read more
Retail inflation spiked to an eight-year high in April, casting doubt on the economy’s near-term prospects. In the first three months of 2022, India’s economic growth dropped to its lowest level in a year, owing to declining consumer demand and rising prices, which might make the central bank’s goal of managing inflation without damaging GDP … Read more
Americans outraged over Biden as inflation hits new highs Americans in Wisconsin evaluated President Biden’s exhibition after inflation moved at the quickest rate uphill in 40 years. “Could you at any point go lower?” Tom, a Fond du Lac occupant, said when requested to rate the president on a size of A-F. “I’d give … Read more
WASHINGTON: About two dozen US business associations have urged the Biden administration to reduce tariffs on Chinese goods to provide relief to Americans amid rising inflation pressures. “Tariffs put in place over the last several years continue to disproportionately cause economic harm to US businesses, farmers, workers and families,” the business associations, led by the … Read more
