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inflation Archive
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Zimbabwe Introduces New Currency, Angering Everyone
Posted on May 6, 2016 | No CommentsA new currency printed by Zimbabwe’s central bank to ease a cash shortage has drawn scorn from critics attacking it as signaling a return to the hated local dollar, abandoned seven years ago as inflation spiraled to 500 billion percent. -
Negative Interest Rates Destroying the World Economy
Posted on April 21, 2016 | No CommentsThere were numerous “analysts” without experience calling for hyperinflation, the collapse of the dollar, and were yelling that the Fed was increasing the money supply so buy gold. The inflation never appeared and gold declined. -
Malaysia’s Feb inflation at 4.2% on year
Posted on March 28, 2016 | No CommentsMalaysia's inflation, as measured by the consumer price index (CPI), rose 4.2% in February from a year earlier. The CPI rose mainly on costlier liquor and food. -
Malaysia’s Feb inflation seen quickening to 4.0% y-o-y, highest in over 7 yrs
Posted on March 23, 2016 | No CommentsMalaysia's annual inflation rate is expected to have accelerated to over a seven-year high at 4.0% in February, as transport costs rose, a Reuters poll showed. -
Venezuela Boosts Gas Price, Devalues Bolivar as Economy Unravels
Posted on February 18, 2016 | No CommentsVenezuela hiked gasoline prices for the first time in almost two decades and devalued its currency as President Nicolas Maduro attempts to address triple-digit inflation and the economy’s deepest recession in over a decade. -
Why Robots Mean Interest Rates Could Go Even Lower In The Future
Posted on January 25, 2016 | No CommentsIf robots rise, interest rates will fall. That was the assumption of delegates at the World Economic Forum’s annual meeting in Davos, Switzerland, as revolutions in automation and artificial intelligence reshape how economies work. -
Inflation to rise this year
Posted on January 21, 2016 | No CommentsMalaysians should brace for higher prices this year on rising public transportation charges, toll rates and the abolishment of electricity rebates. -
Malaysia’s inflation rate climbs 2.7% in December on-year
Posted on January 20, 2016 | No CommentsMalaysia’s inflation rate rose 2.7% in December from a year ago, in line with economists’ expectations, on higher prices for alcoholic beverages, food and health. -
Nigeria Inflation Rises to Three-Year High as Food Prices Climb
Posted on January 18, 2016 | No CommentsNigeria’s inflation rate rose to a three-year high in December as food prices rose in Africa’s biggest economy and oil producer. -
Venezuela economy: Nicolas Maduro declares emergency
Posted on January 16, 2016 | No CommentsThe Venezuelan government has announced a 60-day economic emergency to deal with the country's worsening crisis. President Nicolas Maduro will govern by decree for two months.