welcome all! Well, I don’t be aware of about you, however I’m certain I’ve seen the rate hike. This bought me questioning and incredibly concerned about my savings: will they be enough my retirement? Is my cash safe? If you discover your self wondering the equal thing, concern no longer …
Read More »EMERGING MARKETS-Latam stocks jump; inflation in Brazil, Mexico exceeds expectations
* Mexico early January prices exceed market forecasts * Venezuela’s inflation slows to 234% in 2022, vice president says * Brazil inflation slightly higher than forecast in early January * Stocks up 1.1%, currencies up 0.4% (Updates prices, adds economist’s comment) By Bansari Mayur Kamdar and Amruta Khandekar Jan 24 …
Read More »Federal Reserve and the markets in standoff on rate hikes
WASHINGTON — Sooner or later, either Wall Street or the Federal Reserve has to blink. Nearly a year into the Fed’s drive to quash inflation by hiking interest rates at a blistering pace, investors still don’t seem to fully believe what the Fed warns is coming next: Higher rates through …
Read More »EMERGING MARKETS-Latam stocks outpace EM peers; Brazil, Mexico post higher-than-expected inflation
* Mexico early Jan prices exceed market forecasts * Petrobras hikes gasoline prices before board vote on Lula’s CEO pick * Venezuela’s inflation slows to 234% in 2022, vice president says * Brazil inflation slightly higher than forecast in early Jan * Stocks up 0.6%, currencies up 0.1% By Bansari …
Read More »Greedflation: ‘Entirely possible’ that food brands are profiteering from price hikes, says Tesco chairman
Consumers have been feeling the pinch from higher food prices as inflation soars. Nathan Stirk | Getty Images News | Getty Images As inflation continues to push up grocery bills, supermarket chain Tesco has warned that some food producers may be taking advantage of the situation by raising prices more …
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