Tag: Energy prices

GERMANY’S INFLATION CLIMBS TO 7.9% IN AUGUST
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GERMANY’S INFLATION CLIMBS TO 7.9% IN AUGUST

GERMANY’S INFLATION CLIMBS TO 7.9% IN AUGUST After falling for two months, inflation in Germany reached a record high of 7.9% in August, according to preliminary figures published Tuesday by the Federal Statistical Office (Destatis). This figure is above the market estimate of 7.8%. “The price of energy, in particular, has increased rapidly since the […]

Fed Chair Powell Speaks Live Today
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Fed Chair Powell Speaks Live Today

The US Fed Chair Powell speaks live today pointing out that growth can be slower in dealing with soaring inflation. He also said at European Central Bank Forum on Central Banking 2022 in Sintra, Portugal that this world has been facing serious issues regarding the economy. Since the pandemic, the economy has been driven by […]