KENNETT SQUARE The community united at a bright summer green parcel to break ground for a keystone portion of the new Red Clay Park. “The beauty of this new park is more than its natural habitat and its community connection,” said Chester County Commissioner Marian Moskowitz. The site is located adjacent to the Kennett […]
the cost of borrowing in a widely predicted move by 0.25%. bringing the main base interest rate up to 5.25%. it s designed to tackle inflation which has started to ease but consumer prices are still rising at almost 8% a year. that s still four times the bank s target. the idea is that by raising the cost of borrowing makes people poorer, less likely to go out and spend, and that eases demand, meaning in theory that prices fall. but it s a tricky balancing act to perform reining in inflation without hurting the economy too much. let s talk to jackie bowie head of europe at chatham financial. good to have you with us. no great surprise that rates are continuing to go up, even though, as we said, inflation is starting to ease. that is sort of the problem. the two are
inflation. it about it, that balance between inflation. , ~ , inflation. it is. whether it is your home finances inflation. it is. whether it is your home finances are inflation. it is. whether it is your home finances are bigger- inflation. it is. whether it is your l home finances are bigger budgets. great to speak to you. head of europe at chatham financial. next to turkey where they are battling a fresh spike in price rises, after eight months of falling inflation. peaking at over 85% last year it fell to 37%. but it s now up to nearly 48 per cent! turkey s central bank has more than doubled interest rates to 17 and a half percent in herfirst two meetings. a significant number! but as guido cozzi a professor of macroeconomics explained it relects those rising prices. it looks high, but actually, it is not. with an inflation rate of a7, 40 not. with an inflation rate of a7, a0 8%, clearly. it means a big negative difference between the
in a widely predicted move by 0.25%. bringing the main base interest rate up to 5.25%. it s designed to tackle inflation which has started to ease but consumer prices are still rising at almost 8% a year. that s still four times the bank s target. the idea is that by raising the cost of borrowing makes people poorer, less likely to go out and spend, and that eases demand, meaning in theory that prices fall. but it s a tricky balancing act to perform reining in inflation without hurting the economy too much. let s talk to jackie bowie head of europe at chatham financial. good to have you with us. no great surprise that rates are continuing to go up, even though, as we said, inflation is starting to ease. that is sort of the problem. the two are
EQS-News: Aareal Bank AG / Key word: Financing
Aareal Bank refinances prime UK PBSA portfolio in London for Chapter
01.08.2023 / 13:56 CET/CEST
The issuer.