Tagged: inflation

UK Government Expected to Miss Inflation Target in 2023, Report Claims

The vast majority of SME finance experts expect the Government to “miss its target of halving inflation by the end of the year,” iwoca’s latest Q2 2023 SME Expert Index finds. The new research, carried out with over one hundred SME finance brokers who collectively… Read More

US Federal Reserve Bank Attempts to Ease Inflation Might Stifle Innovation, Report Claims

The Federal Reserve Bank’s ongoing efforts to ease inflation by increasing net borrowing costs and then cooling demand for products/services could begin to undermine investments in innovative tech that might make the economy more robust in the long-term. This, according to research released this past… Read More

Most Investors Maintain Same Level of Investment Activity Regardless of Inflation, PeerBerry Report Claims

Inflation does not affect most investors, according to an update from PeerBerry. Available data shows (via an investor survey conducted by their platform last month), that 52% of the surveyed investors “do not change their investment habits and keep their previous investment volumes. 21% of… Read More

Bitcoin (BTC) Might Reach $36K with Indicators Suggesting Potential Growth Opportunities, According to Crypto Analyst

The Core PCE index is revealed today. Therefore Bitcoin could reach $36 000, with another 2 key indicators suggesting potential growth opportunities in the background, according to  crypto hedge fund manager Thomas Kralow. Here are 3 key catalysts for Bitcoin’s growth: Thomas Kralow, a crypto… Read More

Digital Asset Industry Professional Comments on $120K Bitcoin (BTC) Price Prediction by Standard Chartered

    Bradley Duke, Founder and Chief Strategy Officer at the crypto ETP provider ETC Group has shared key insights on the Standard Chartered (LON: STAN) Bitcoin (BTC) price predictions report. It was mentioned in Reuters this week that Standard Chartered announced in a research… Read More

UK Savers Prioritize their Pensions Amid Rising Cost of Living, PensionBee Analysis Reveals

Analysis from online pension provider, PensionBee, reveals that pension savers put significantly more money “aside for their retirement at the start of 2023 than they did in the latter part of 2022, despite persistent levels of high inflation.” The average quarterly contribution amount “for female… Read More

Bank of England Governor Andrew Bailey Discusses Challenges, Mentions CBDCs: “Digital money is about the technology of delivery”

Andrew Bailey, Governor of the Bank of England, recently delivered a speech in which he commented on the major issues the UK faces, and tried to set out how they “fit together and the challenges they give rise to.” Baily said that in recent weeks,… Read More

UK State Pension Highest Ever Increase in Line with Inflation, PensionBee Reveals

This past week from 6 April, the full amount of the weekly State Pension in the UK will reportedly “increase by 10.1%, the highest ever rise, for 12.5 million recipients of the State Pension.” Taking effect for payments starting next Monday 10 April, the amount… Read More

Oil Prices Rise, Might Force Central Banks to Keep Interest Rates Higher for Longer, Says Fintech Industry Professional

Surging oil prices are likely to mean higher interest rates “for longer as the price rally adds to inflationary pressures,” warns the CEO of an independent financial advisory, asset management and fintech organization. The warning from deVere Group’s Nigel Green comes as the price of… Read More

UK SMEs Forced to Borrow or Raise Nearly £50K to Survive Inflationary Crisis: Report

Nucleus Commercial Finance research highlights the scale of the challenge facing UK SMEs: 65% of SMEs are finding the current cost-of-living crisis is proving more of a burden on their business than the pandemic lockdowns Just 33% believe the cost-of-living crisis is proving less of… Read More

90% of Small Business Owners Aren’t Sure If Their Company is Adequately Insured, Survey Reveals

  It’s been a stressful few years to run a small business in America — and so far 2023 has been no exception. Inflation, supply chain snags and staffing shortages continue to test business owners, the team at Next Insurance writes in a blog post…. Read More

Real Estate Funds Raised Over $128B Across 267 Vehicles in Past Year: Report

High interest rates, persistent inflation, and the denominator effect hit private real estate hard in 2022. This, as private real estate funds “raised $128.6 billion across 267 vehicles, down 28.4% from the $179.6 billion raised by 549 funds in 2021,” according to an update by… Read More

HYCM Executive Comments on Hot UK CPI – “the Tide is not turning yet”

The UK delivered some unwanted news today as inflation delivered a number that was hotter than anticipated – bucking a recent downward trend. The UK Office of National Statistics reported that the consumer price index (CPI) increased by an annual 10.4%. This was above expectations… Read More

EstateGuru Increases Capital Reserves, Raises Additional Funding to Cope with Challenging Markets

Given the recent market landscape, which has been fraught with geopolitical tensions, rampant inflation, interest rate hikes, and generally volatile conditions, Estateguru management decided “to increase the capital reserves of the company at the start 2023, and raised additional capital from its founders, existing shareholders… Read More

UK Inflation Ticks Down, But Still Not Out of the Woods

Earlier today the UK government announced its monthly inflation data which indicated the Consumer Prices Index (CPI) rose by 10.1% in the 12 months to January 2023, down from 10.5% in December 2022 – a slight improvement. On a monthly basis, CPI fell by 0.6% in… Read More

Inflation Drives Down Small Business Satisfaction with Merchant Services as Cost Concerns Mount, J.D. Power Report Reveals

  There’s a lot of frustration when credit card readers “do not respond to a customer’s dips, taps and swipes—or require a reset halfway through a transaction.” According to the J.D. Power 2023 U.S. Merchant Services Satisfaction Study, the small business owners “who are fighting… Read More

Biz2Credit Analyzes Inflation’s Impact on Small Businesses

Biz2Credit, an online funding provider to small businesses, announced the findings of its Small Business Inflation Study that “analyzed the revenues and expenditures of more than 140,000 U.S. small businesses from January 2019 to October 2022.” The Biz2Credit Small Business Inflation Study identified three distinct… Read More

Consumer Spending Survey: Two-Thirds of Americans to Spend Same or More on Retail Purchases in 2023

Despite continued inflation and the potential of a recession, 67% of Americans plan to spend either the same or more in 2023 as they did in 2022 “on retail purchases” according to a new survey commissioned by DailyPay and Dollar Tree and conducted online by… Read More

Sweden’s Intergiro Announces Free Business Banking Services for Merchants to Combat Inflation

Intergiro, a Swedish business account provider and payment processor, has announced that it will offer free banking services “to merchants who open a merchant business account with the company.” This move comes in response “to rising inflation rates and uncertain market conditions, which places pressure… Read More

European P2P Market Growth Expected to Slow Down in 2023: Report

The European P2P market is expected to lower its growth in 2023 “as financial institutions grapple with inflation,” according to an update from Robo.cash. Robocash analysts see several possible scenarios for the European P2P market development in 2023. The baseline scenario “implies that the market… Read More

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