Bank Savings Accounts Are Not Investment Accounts
Savings consists of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount ...
Tag: Inflation
US Federal Reserve Keeps Key Lending Rate Unchanged
The US Federal Reserve on Wednesday made no change in the benchmark interest rate and downplayed recent weak economic growth, ...
US Fed Not Likely To Move Rates Amid Tepid Inflation
The Federal Reserve was set to open its two-day policy meeting on Tuesday amid signs of softening inflation which eases ...
Government Already Creating Enabling Environment For Private Sector – Akufo-Addo
President Nana Akufo-Addo has stated that, his government is already putting in place measures to help the private sector flourish. ...
Key US Inflation Measure Sees First Drop In 16 Years
The US Federal Reserve's preferred inflation measure fell in March, and a key component dropped for the first time in ...
UK House Prices Fall As Brexit Britain Feels the Pinch
British house prices have fallen for a second consecutive month, data from mortgage lender Nationwide showed on Friday. Nationwide said ...
Producer Price Inflation Rises To 6% In March
The year-on-year inflation from the Producer Price Index (PPI) for all industry rose to 6.0 per cent in March 2017, ...
Eurozone Inflation Picks Up To 1.9%
Inflation in the eurozone accelerated in April, returning to the European Central Bank (ECB)'s target. Initial estimates from Eurostat showed ...
March Producer Inflation Inches Up To 6 Percent
The year-on-year Producer Price Index (PPI) for March 2017 increased from 5.4 percent in February to 6 percent in March. ...
Manufacturing Sub-Sector Pushes March PPI To 6%
The Ghana Statistical Service (GSS) has announced that the Producer Price Inflation (PPI) which measures the average change over time ...
Australia Inflation Moves Back Into RBA Target Band
Australia's annual inflation rate has moved back into the central bank's target range for the first time in more than ...
When Fiscal Responsibility Becomes Economic Irresponsibility
After the Finance minister’s presentation on the national budget a few weeks ago, the most popular phrase you hear from ...
When Fiscal Responsibility Becomes Economic Irresponsibility
After the Finance minister’s presentation on the national budget a few weeks ago, the most popular phrase you hear from ...
Fed’s Fischer Says Rate Hikes Unlikely To Roil World Markets
As the global recovery has taken firmer hold, gradual US interest rate increases are unlikely to roil world markets or ...
Tax Cuts, Cedi Stability Fetters Inflation
The stability of the local currency and the abolishing of ‘nuisance’ taxes by government are the main causes of the ...
US Wholesale Prices Dip In March But Annual Gain Strongest In 5 Years
US wholesale inflation fell slightly in March but the annual measure hit its fastest pace in five years, the Labor ...
Inflation Drops To Lowest In Four Years
Inflation rate for March has declined to 12.8 per cent from the 13.2 per cent recorded in February. This rate ...
2017 Budget To Determine BoG’s Single Digit Inflation Target
The Ghana Statistical Service has told Citi Business News the Bank of Ghana’s single digit inflation target should be achieved ...
Inflation Rate Drops To 12.8%; Lowest In 4yrs
Inflation rate for March has declined to 12.8 percent from the 13.2 percent in February. This rate is the lowest ...
UK Inflation Rate Remains At 2.3%
UK inflation held steady last month, as rising prices for food and clothing were offset by lower air fares. The ...