It’s still uncertain how Donald Trump’s additional tariffs would impact inflation, Powell said. On Wednesday, the U.S. Federal Reserve cut interest rates a quarter point in a widely-anticipated move. However, the central bank indicated there would be fewer cuts next year, as it braces for uncertainty stemming from the incoming Donald Trump administration’s policies. RELATED: […]

Currently, 87% of families face food insecurity in low-income areas across 16 Argentine provinces. Tuesday, December 10, marks one year since Javier Milei assumed the Argentine presidency, a period during which he has implemented an economic plan focused on reducing the size of the State as a means of achieving macroeconomic balance and controlling inflation. […]

In South Africa, the inflation rate fell from 4.4% in August to 3.8% in September, marking the lowest figures since early 2021, according to the released by the Department of Statistics of the country (STATSSA). Related: Lula’s Candidate for Brazil’s Central Bank Pledges to Fight Inflation “Annual consumer inflation cooled for a fourth consecutive month, […]

Bolivian agricultural products are sought after in neighbouring countries because their prices are lower. On Monday, President Luis Arce militarized the border with Peru to prevent essential goods from being smuggled out of Bolivian territory. RELATED: Bolivia: Arsenal Against Forest Fires to Be Stepped Up “I ordered our Armed Forces to militarize the borders to […]

What ensures the citizens’ well-being is monetary stability and inflation control, said Gabriel Galipolo. On Tuesday, economist Gabriel Galipolo, who was nominated by President Lula da Silva to head the Central Bank of Brazil, committed to maintaining a “permanent” fight against inflation and defending the autonomy of the institution. RELATED: Brazilian Landless Workers Score Important […]

The monthly inflation rate was the lowest since President Maduro took office in April 2013. On Friday, the Venezuelan Central Bank (BCV) published a report showing that monthly inflation in July was 0.7 percent, confirming the trend towards a reduction in prices in this South American country. RELATED: President of Venezuela Responds to the Supreme […]

The relationship between the bolivar and the U.S. dollar has also shown stable behavior so far this year. On Monday, the Mission Truth research group published a study showing that inflation is decreasing and the real income of the population is increasing in Venezuela. RELATED: A Wave of National Dignity Will Stop the Extreme Right […]

Between May and June, the monthly inflation rate decreased from 1.5 percent to 1 percent. On Tuesday, the Central Bank of Venezuela (BCV) published a report showing that the accumulated inflation between January and June was 8.9 percent. RELATED: Venezuelan Opposition Mayors Support President Maduro’s Candidacy Between May and June, the monthly inflation rate decreased […]

Indec’s information exposed Milei’s supposed success in containing inflation in his first six months in office.

‘In June, we had the lowest inflation level in 39 years of the Venezuelan economy,’ he stressed. On Tuesday, Venezuelan President Nicolas Maduro asserted that the defeat of inflation is already consolidated in his country. RELATED: June Closed With Venezuela’s Lowest Inflation in 39 Years He also highlighted that the economic growth during the first […]