Larry Summers warns that the war vs inflation might not be over
Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»
Maybe no Fed rate cuts in FY24?
A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»
Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns
Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»
Philippine inflation rises to 3.4 pct in February
MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»
Cebu’s inflation rate rose in Feb compared to January
CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
Your Brain Might be Hindering You to Save Money, Here’s Why
Saving money poses a formidable challenge, and surprisingly, our brains might be the culprits behind our financial struggles. Psychological and behavioral quirks create hurdles, necessitating an understanding of these factors to triumph over mental obstacles and attain financial goals through savings. Exploring the psychological and behavioral tendencies that turn saving into an uphill battle reveals: […].....»»
Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo
Ayon kay Philippine Statistics Authority (PSA) Undersecretary Dennis Mapa, nasa 24.4% ang inflation ng bigas nitong Marso at malapit na ito sa all time high na 24.6% na naitala noon pang Pebrero 2009 na 24.6%. The post Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo first appeared on Abante......»»
BSP sinisipat 4.2% inflation noong Marso
Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»
Climate shocks on inflation can last up to 4 years – BSP
Climate-related inflation shocks may be felt for up to four years, causing a pronounced hike in headline inflation, a study by the Bangko Sentral ng Pilipinas Research Academy showed......»»
REIN in inflation!
It didn’t take long for Finance Secretary Ralph Recto to take full command of the economic cluster as he assumed responsibility for keeping inflation numbers low. And Ralph even coined an acronym: REIN or Reduce Emerging Inflation Now......»»
April inflation comes in at 3.8%
The Philippine Statistics Authority revealed that inflation quickened slightly in April to 3.8% y/y, up from the 3.7% reading in March, but below estimates from economists who (on average) were expecting to see inflation come in at around 4.1% for the month......»»
Philippine inflation rate slightly quickens to 3.8 pct in April
MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»
BSP keeps rates unchanged; inflation still global problem
The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»
Progressives commemorate Filipino-American war, call for a stop to US military intervention
Filipino activists marked the 125th anniversary of the Filipino-American War with a protest against the expansion of US military bases and the US role in genocide in Palestine, Feb. 4. The post Progressives commemorate Filipino-American war, call for a stop to US military intervention appeared first on Bulatlat......»»
‘Not war with China; don’t rely only on US’ – Marcos Jr.
In an interview on Bloomberg TV last Wednesday, as reported in another national daily, he made two related comments that could represent important government policy stands. First, regarding China’s increasing aggressive moves against Philippine vessels in the West Philippine Sea; second, about the United States’ repeated assurance of its “iron-clad” defense commitment under the 1951 Mutual Defense Treaty. The post ‘Not war with China; don’t rely only on US’ – Marcos Jr. appeared first on Bulatlat......»»
Gaza war: Fierce fighting between Israel, Hamas continues as efforts for truce gains pace
International efforts towards a new pause in the devastating Gaza war gathered pace Wednesday, as Israel bombarded the Palestinian territory during fierce fighting with Hamas militants. Hamas was reviewing a proposal for a six-week truce in its war with Israel, a source told AFP, after mediators gathered in Paris. While talks take place, the population.....»»
Israel vows to retaliate against Iran: Here are the risks of this action
JERUSALEM — Israel is vowing to retaliate against Iran, risking further expanding the shadow war between the two foes into a direct conflict after an Iranian attack over the weekend sent hundreds of drones and missiles toward Israel. Israeli officials have not said how or when they might strike. But as countries around the world.....»»
Dela Rosa, Trillanes boldyakan sa ICC probe vs drug war
Nagsagutan sina Senador Ronald “Bato” Dela Rosa at dating Senador Antonio Trillanes IV sa isyu ng 50 aktibo at dating opisyal ng PNP na sinasabing kinausap ng ICC ukol sa `war on drugs’ ng administrasyong Duterte. The post Dela Rosa, Trillanes boldyakan sa ICC probe vs drug war first appeared on Abante......»»
Lebanon s displaced celebrate Ramadan amid fears that border conflict might become the new normal
Lebanon s displaced celebrate Ramadan amid fears that border conflict might become the new normal.....»»
Odd food combinations that you might actually want to try
Odd food combinations that you might actually want to try.....»»