inflation

Prices of everyday goods in Greece continue to increase, which has caused shoppers to cut back significantly in recent months. The cost of everything from electrical appliances, cars, milk, and soap has increased substantially in Greece, much like in most...

Inflation in Greece reached 12 percent in the month of June from 10.5 percent in May and 9.1 percent in April, according to data released by Eurostat, the official statistical authority of the European Union announced on Friday. The rate...

The US Federal Reserve's decision to raise interest rates by three quarters of a percent on Wednesday—the biggest hike since 1994—was designed to rein in the country's overheated economy and fast-rising inflation, which have led to price spikes market...

Due to the country's economic crisis, many vacation destinations in Greece have become exceedingly expensive, so much so that average Greeks cannot afford to travel in their own country. Much like in many parts of the world, the inflation rate...

Much like in many parts of the world, the inflation rate in Greece has soared to its highest rate in nearly thirty years this month. The Greek inflation rate reached 11.3 percent in May alone, which is up from 10.2...

Jamie Dimon, chairman and chief executive of JP Morgan Chase, described the challenges facing the US economy as akin to a “hurricane” down the road. Dimon’s comments come a day after US President Joe Biden met Federal Reserve Chairman Jerome...

As the US national average gas price hit $4.6 per gallon, Calamos President & CEO John Koudounis says that this is mainly due to the fiscal policy pursued by the Biden administration. In his May 30, 2022, conversation with Fox...

Greece's annual consumer inflation jumped to its highest level in 28 years in April at 10.2 percent on the back of surging costs for energy, housing, transportation and foods, official data showed on Tuesday. The increase of inflation by 2.1...

The Russian ruble not only recovers to pre-Ukraine war levels but it also hit a two-year high against the US dollar Friday April 29.

The Greek economy got a vote of confidence by S&P Global Ratings on Friday which upgraded its debt rating to BB+. “The upgrade reflects our expectation of a continuous improvement in Greece’s policy effectiveness, while the fallout from the war...