inflation

CBO: US GDP Will Grow 12 Pct In 2020
CBO: US GDP Will Grow 12 Pct In 2020
July 02, 2020  |  Economy

For the Congressional Budget Office (CBO), the glass is half full. The federal agency that provides budget and economic information to Congress predicted as the...

READ MORE >
Fed Expects 6.5 Pct Drop In GDP This Year
Fed Expects 6.5 Pct Drop In GDP This Year
June 10, 2020  |  Economy

The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic...

READ MORE >
NY Fed: Negative Interest Rates ‘Not The Right Tool’ For Recovery
NY Fed: Negative Interest Rates ‘Not The Right Tool’ For Recovery
May 21, 2020  |  Economy

New York Federal Reserve Bank President John Williams said economic data is likely to be worse as the impact of COVID-19 becomes clearer, Reuters reported....

READ MORE >
As Consumers Buy Online Inflation Follows, Index Shows
As Consumers Buy Online Inflation Follows, Index Shows
May 12, 2020  |  eCommerce

Online grocery sales saw a 110 percent increase in activity in April, according to Adobe’s Digital Economy Index (DEI), numbers spurred by the coronavirus‘s push...

READ MORE >
Bitcoin Daily: Bitcoin Exchange Balances Drop Prior To Halving; Price Of Physical Gold Jumps As ‘Digital Gold’ Falls
Bitcoin Daily: Bitcoin Exchange Balances Drop Prior To Halving; Price Of Physical Gold Jumps As...
April 15, 2020  |  Bitcoin

Investors might be keeping their bitcoins prior to halving in May, at which point rewards for each block mined will be reduced, CoinDesk reported. The...

READ MORE >
Consumer Inflation Lessens In China Following Record High In February
Consumer Inflation Lessens In China Following Record High In February
April 10, 2020  |  International

After reaching its highest level in eight years in February, consumer inflation in China lessened last month. The country’s consumer price index increased 4.3 percent...

READ MORE >
Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
September 30, 2019  |  International

Zimbabwe, in an attempt to control the spiraling inflation problem with its currency, is restricting mobile money and tightening controls for foreign exchange outfits. It is...

READ MORE >
Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
July 01, 2019  |  International

The government in Zimbabwe has said it will allow citizens of the country to withdraw amounts up to $1,000 from foreign currency accounts, in a...

READ MORE >
Lower-Income Households More Confident In Economy
Lower-Income Households More Confident In Economy
March 31, 2019  |  Economy

Consumer sentiment improved in March as Americans felt better about the economy and the potential to earn money. According to a report in The Wall Street...

READ MORE >