QNB Expects Rapid Decline in US Inflation Rates

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QNB Expects Rapid Decline in US Inflation Rates within Months

Qatar National Bank (QNB) expected a swift decline in US inflation rates towards the target level in the coming months. In its weekly report, QNB attributed this expectation to positive signs from leading indicators, a meaningful downtrend in non-..
QNB: Inflation Battle in US and Europe is Harder than Expected

It is too early to declare a victory against high inflation in US and Europe said Qatar National Bank(QNB) Group in its weekly commentary. Inflation has been one of the major concerns for the global economy over the last several quarters. This has..
The price of bread has been discounted in Egypt to fight inflation

The price of bread has been discounted in Egypt to fight inflation. The Government of Egypt will implement this for the people not enrolled in its bread sub...
Sri Lanka aims to stop money printing as inflation nears 60%

Sri Lanka will stop printing money completely to control a rapid increase in the prices of commodities, its prime minister said on Tuesday, with inflation expected to reach 60 percent this year. The cash-strapped country of 22 million people is ba..
Participants in 8th Doha Islamic Finance Conference: Inflation Rates in Qatar within the Safe Range

Doha, March 16 - Participants in a workshop organized within the activities of the Community Financial Culture Week accompanying the 8th Doha Islamic Finance Conference, organized by Bait Al Mashura Finance Consultations, confirmed that inflatio..
Turkish inflation seen above 30% in December amid lira weakness

Turkey's annual inflation rate is expected to have hit 30.6% in December, according to a Reuters poll, breaching the 30% level for the first time since 2003 as prices rose due to record lira volatility. The 30.6% median forecast of 13 economis..
Whirlpool warns inflation to deliver $1B blow

Whirlpool Corp. warned on Thursday that cost inflation will negatively impact its business by about $1 billion. The Benton Harbor, Michigan-based home appliance manufacturer said raw material inflation, particularly in steel and resins, had an unf..
Asian shares extend losses on renewed virus scare, inflation woes

Asian shares slipped again on Monday while perceived safe haven assets, including the yen and gold, edged higher as investor risk appetite was soured by fears of rising inflation and a relentless surge in coronavirus cases. MSCI's broadest ind..

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