latest news in Inflation
Fed Chief Powell Signals Cautious Approach to Rate Cuts
Washington D.C., Thursday, 14 November 2024.
Federal Reserve Chair Jerome Powell indicates a slow, deliberate approach to interest rate reductions in 2025. Despite inflation nearing the 2% target, persistent pressures and economic strength allow for careful monitoring. Economists anticipate fewer cuts than initially expected, highlighting the delicate balance in managing inflation and economic growth.
Argentina's Inflation Drops to Three-Year Low, But Economic Challenges Persist
Buenos Aires, Wednesday, 13 November 2024.
Argentina’s inflation rate fell to 2.7% in October 2024, the lowest in three years, marking a win for President Milei’s libertarian policies. However, consumers still struggle with high prices and reduced purchasing power as the country grapples with economic reforms.