The Ever-Expanding News on Inflation!
The bloodbath was merciless. In 1842, 16,500 British soldiers and civilians withdrew from Kabul, Afghanistan. Only one would survive. It was the most humiliating military disaster...
Even if you are already wealthy, some thought on this topic is worthwhile. What would you do if some act of God or of government...took you back to square one?
Do yourself a favor right now and think in terms of risk and reward. Ditch all your preconceptions about any country. If you don't, you'll miss out on the richest investment opportunity to come your way in years.
Venezuelans are dumping their rapidly-depreciating currency at a quicker pace, leading to a staggering plunge in its free-market value, as the crisis-plagued economy edges closer to an outbreak of hyperinflation.
The Fed said Wednesday that it now expects inflation to fall to between 1 percent and 1.6 percent in 2015, down from a previous forecast in September of 1.6 percent to 1.9 percent. The downgrade reflects plummeting oil and gas prices. The Fed kept its 2016 inflation forecast of 1.7 percent to 2 percent.
The Belarussian central bank sees inflation at 16 percent in 2015, the lower end of a previously expected range, if the current macroeconomic conditions stay in place, its governor Pavel Kallaur told reporters on Tuesday.
Euro zone economic growth will be stronger than previously expected this year thanks to cheaper oil, a weaker euro, stable global growth and supportive fiscal and monetary policies, the European Commission said on Tuesday.
Inflation has been running below levels associated with a healthy economy, evidence of subpar consumer demand and a strengthening U.S. dollar. Economists see the bump in gas prices as evidence that inflation will begin to rise closer to the Federal Reserve's target rate of 2 percent. And it suggests that consumer prices aren't at risk of sinking into outright deflation, said Paul Ashworth, chief economist at Capital Economics.
Analysts have revised their 2015 inflation forecasts for Brazil higher and expect the gross domestic product (GDP) to contract more than previously expected, the Central Bank said Monday.
Ukrainian supermarkets have imposed rationing of basic products after the drastic fall in the value of the hryvnia. The currency has lost 70 percent of its value causing people to stockpile food and buy electronics as a hedge.