The dollar reaching historical prices of $4,200 pesos, borrowed money becoming more and more expensive, with reference rates of 7.5%, the maximum in six years, and skyrocketing inflation of more than 9% annualized. All this affects the pocket of Colombians. Orlando Santiago Jácome, manager of Fénix Valor, explains that theContinue Reading

US consumer prices hit a new 40-year high after May’s Consumer Price Index (IPC) was released. After gasoline reached an all-time high and the cost of services continued to rise. The foregoing indicates that the Federal Reserve (Fed) could continue with its increases of 50 basis points in interest ratesContinue Reading

German inflation hit another all-time high, adding haste to the withdrawal of crisis-era momentum by the European Central Bank, after Spain’s figures also exceeded economists’ estimates. Spurred by rising food and energy costs, data released on Monday showed consumer values ​​in the continent’s largest economy rising 8.7% from a yearContinue Reading