Tag: Interest Rate hike

Inflation Effects on Economy
Economy

Inflation Effects on Economy

Inflation effects on developed and developing Economy What is Inflation? Inflation is the rate at which prices for goods and services rise. It is measured as the percentage change in a price index, such as the Consumer Price Index (CPI). Inflation can have both positive and negative effects on an economy. On one hand, it […]

Will State Bank Maintain Interest Rate Today?
Economy

Academics Insist on Rate Cut

Academics insist on rate cut Against further hikes in the central bank’s benchmark interest rate, academics are calling for cuts to provide liquidity to companies. The ongoing interest rate hike has increased the number of interest payments on the country’s debt which continues to grow. Interest rates also remain a catalyst for domestic inflation growth. […]

WALL STREET CLOSED POSITIVE, ALL EYES ON JACKSON HOLE
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WALL STREET CLOSED POSITIVE, ALL EYES ON JACKSON HOLE

Wall Street closed positive on Wednesday, lifted by gains in energy shares and Intuit whereas all eyes on Jackson Hole conference from the US Federal Reserve this week. Increasing Nasdaq Tech-Heavy, Intuit Inc. (NASDAQ: INTU) collects almost 4% after accounting software makers estimate upbeat 2023 fiscal revenue. After Bell, Salesforce (Nyse: CRM) Inc. fell 5.5% […]

GOLD DECREASED BY FED UNCERTAINTY
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Dropdown in Gold Prices Witnessed

FED uncertainty leads to dropdown in gold prices! Gold prices further fell on Monday as uncertainty persisted on the monetary adjustment path of the Federal Reserve, while copper prices fell on more manufacturing problems in China- a crucial importer. The price of gold spots dropped 0.1% to $ 1,745.46 per ounce, while Gold futures dropped […]

Moody's global GDP forecast at 2.8% for 2022
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Moody’s global GDP forecast at 2.8% for 2022

Moody’s global GDP forecast at 2.8% for 2022 According to Moody’s investor services in their Global Outlook, The global economy has had unsettled for a few years, and the worries have not gone down yet. Global GDP is predicted at 2.8% in 2022 which is revised in a downward direction. Most of the Asian Central […]

steps to survive with increasing interest rates
Trending news, Uncategorized

Steps to survive with increasing interest rates

Everyone around the globe has been suffering from inflation since COVID-19. For the time being, people must consider the steps to survive with increasing interest rates. Due to soaring inflation, our pockets getting empty day by day, and rising interest rates also damaging the cash position of every individual. If results are concerned, interest rates […]