Calamos Supports Greece

Inflation rate

Turkish Lira Hits New Low Point, Plunging 5.6%

The Turkish lira dipped another 5.6%, hitting record lows against the US dollar on Thursday after the country's central bank slashed its policy rate in line according to the unorthodox economic scheme created by President Tayyip Erdogan. The currency hit...

Turkey’s Lira Dives 15% in Second-Worst Day Ever

Turkey's lira skidded an incredible 15% on Tuesday as the nation weathered another drop in the value in its currency, amounting to 45% over 2021. Constituting its second-worst day in history, the lira took a nosedive after Turkish President Recep...

US Inflation Now at Highest Rate in 30 Years

Inflation in the United States is now at its highest rate in 31 years, according to economic experts -- and "it won't get better until it gets worse," topping out perhaps in January of 2022, before it subsides. Prices for...

Greece's Inflation –0.9 Percent, Eurozone at Record Lows

  Data released Monday shows Greece and Cyprus trailing as eurozone consumer inflation once again slowed to its lowest ever annual pace in February, matching a figure that in November caused an unexpected interest rate cut by the European Central Bank (ECB). Updated Eurostat data showed...