Tag: Inflation
Rising Inflation Threatens RBA’s Next Cash Rate Meeting
The eagerly-awaited quarterly inflation numbers to be published by the Australian Bureau of Statistics are poised to have a profound impact on the next cash[more...]
CBN Increases Interest Rate to Tame Inflation: Expert Highlights Impact and Economic Implications
The recent decision by the Central Bank of Nigeria (CBN) to increase the benchmark lending rate has sparked discussions and raised concerns about its impact[more...]
Central Bank of Nigeria Governor Warns of Prolonged Monetary Tightening Amid Rising Inflation
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has issued a cautionary note regarding the impact of persistent inflation on the nation's[more...]
Navigating the Complexities of Eurozone Finance in the Face of Economic and Political Uncertainty
The importance of the rate cuts by the European Central Bank (ECB) is crucial in the current climate, where the European economy wavers under the[more...]
Banks Lead ASX 200 to Record High
The Australian stock market, represented by the S&P/ASX 200 Index, experienced a significant surge, closing at a new all-time high of 7959.3 points. This milestone,[more...]
Nigeria Battles High Inflation as CBN Governor Links It to Failed Intervention Funds
The failed N10 trillion intervention funds and N27 trillion ways and means (W&M) are being cited as contributing factors to the high inflation that Nigeria[more...]
The Illusion of Tax Cuts: What Politicians Don’t Tell You
In the latest flurry of government spending, the Albanese administration has once again invested significant taxpayer dollars into advertising the income tax cuts that took[more...]
ASX Plummets 1% as Inflation Surges
The Australian Stock Exchange (ASX) took a hit as consumer price data for May sparked concerns over rising inflation. The S&P/ASX 200 plunged by 1%[more...]
Rising Cost of Living in Nigeria Sparks Sharp Increase in Personal Loans
The rising cost of living in Nigeria has prompted a sharp increase in personal loans as individuals seek to maintain their standard of living and[more...]
Bank of England Holds Interest Rates at 5.25% Amid Political and Economic Tensions
Amid rising political tensions and economic uncertainties, the Bank of England’s decision to hold interest rates at 5.25% has sparked a wave of criticisms and[more...]