by Ken Chase | Apr 14, 2023 | News
The latest inflation report from the Labor Department estimated that the rate of consumer price increases slowed in March. The data released on Wednesday confirms that the Consumer Price Index increased by 5% in March, on a year-on-year basis. The February...
by visbanking | Feb 27, 2023 | Banking Knowledge Base
I. Introduction A bank loan is a type of financing that involves a borrower receiving money from a bank or other financial institution and agreeing to repay it over a set period of time. Bank loans are often used to fund large expenses, such as purchasing a car or...
by Ken Chase | Feb 21, 2023 | Banks, News
Major banks have recently weighed in with their expectations for additional Federal Reserve interest rate hikes, forecasting that the central bank will raise those rates three more times before the end of 2023. That’s according to Reuters, which cited predictions from...
by Ken Chase | Feb 6, 2023 | News
The Federal Reserve announced yet another interest rate hike this week, as it continues its efforts to rein in stubbornly high inflation. Unlike its most recent rate hikes, however, this increase was a more modest boost of a quarter of a percentage point. The central...
by Ken Chase | Dec 29, 2022 | News
CEBR: Global Effort to Control Inflation will Lead To Recession for World Economy in 2023 By: Ken Chase The world’s ongoing fight against stubbornly high inflation is likely to result in a global recession, according to economic forecasters from the Centre for...
