Savings consists of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he earns in a given period of time, according to Keynesian...
The US Federal Reserve on Wednesday made no change in the benchmark interest rate and downplayed recent weak economic growth, a signal it likely will remain on course for gradual rate hikes. The...
The Federal Reserve was set to open its two-day policy meeting on Tuesday amid signs of softening inflation which eases the pressure to raise interest rates, at least for now. The central bank is not...
President Nana Akufo-Addo has stated that, his government is already putting in place measures to help the private sector flourish. “We have taken the important steps to create an enabling...
The US Federal Reserve's preferred inflation measure fell in March, and a key component dropped for the first time in nearly 16 years, the Commerce Department reported Monday. It was another sign of...
British house prices have fallen for a second consecutive month, data from mortgage lender Nationwide showed on Friday. Nationwide said prices declined by a monthly 0.4 percent following a fall of...
The year-on-year inflation from the Producer Price Index (PPI) for all industry rose to 6.0 per cent in March 2017, from the 5.4 per cent recorded in February, citing higher petroleum and gold...
Inflation in the eurozone accelerated in April, returning to the European Central Bank (ECB)'s target. Initial estimates from Eurostat showed inflation in the bloc hit 1.9%. That was up from 1.5% in...
The year-on-year Producer Price Index (PPI) for March 2017 increased from 5.4 percent in February to 6 percent in March. Data from the Ghana Statistical Services (GSS) showed that the figure is 0.6...
The Ghana Statistical Service (GSS) has announced that the Producer Price Inflation (PPI) which measures the average change over time in the prices by domestic producers of goods and services has...
Australia's annual inflation rate has moved back into the central bank's target range for the first time in more than two years, data showed Wednesday, all but ruling out more interest rate cuts....
After the Finance minister’s presentation on the national budget a few weeks ago, the most popular phrase you hear from the media commentators, economist, policy analyst, politicians, is that,...
After the Finance minister’s presentation on the national budget a few weeks ago, the most popular phrase you hear from the media commentators, economist, policy analyst, politicians, is that,...
As the global recovery has taken firmer hold, gradual US interest rate increases are unlikely to roil world markets or cause undue problems for policymakers, a top Federal Reserve official said...
The stability of the local currency and the abolishing of ‘nuisance’ taxes by government are the main causes of the drop in inflation, Dr. Ebo Turkson, Senior Economist at the University of Ghana...
US wholesale inflation fell slightly in March but the annual measure hit its fastest pace in five years, the Labor Department reported Thursday. While analysts had been expecting a monthly slowdown,...
Inflation rate for March has declined to 12.8 per cent from the 13.2 per cent recorded in February. This rate is the lowest since December, 2013. This means prices of goods and services were fairly...
The Ghana Statistical Service has told Citi Business News the Bank of Ghana’s single digit inflation target should be achieved if policies outlined in the 2017 budget impact on prices of goods and...
Inflation rate for March has declined to 12.8 percent from the 13.2 percent in February. This rate is the lowest since December 2013. This means prices of goods and services were fairly stable during...
UK inflation held steady last month, as rising prices for food and clothing were offset by lower air fares. The Office for National Statistics (ONS) said inflation as measured by the Consumer Prices...
