What to expect from the Inflation Report Thursday?
What to Expect From the US Inflation Report Thursday. The Consumer Price Index is expected to rise by 7.3% year-over-year on Thursday. Bloomberg’s Mike McKee and Collin Martin of the Schwab Center have a preview on "Bloomberg The Open" with Jonathan Ferro. Central banks acted too late to tame inflation and may now have to raise interest rates …
What country has the highest inflation rate?
Only Sudan, Ethiopia and Angola with 155%, 43%, and 38% year-on-year food inflation rates respectively had the higher rates than East Africa’s largest economy between February last year and February 2022.
What is the worst inflation?
Zimbabwe’s hyperinflation in 2008 is the one of the worst ever recorded. At its height, prices of goods doubled every day, and unemployment was at a world record of 80 percent. Money lost value so much that the government introduced the Z$100 trillion note.
What’s the highest inflation rate in U.S. history?
Inflation Rate in the United States averaged 3.24 percent from 1914 until 2021, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921.