Tagged: inflation

September 3, 2022 @ 11:40 am By Omar Faridi  |  

The economy is facing massive disruptions: inflation, great resignation, and possible recession, among others. This has driven customers to switch financial institutions at a click of a button, looking for the ones that provide them the most benefits and help with their financial health. However,… Read More

August 16, 2022 @ 3:13 pm By Omar Faridi  |  

The early stages of the COVID-19 pandemic were a “hive of activity” for small businesses, with a striking 53% jump in applications to start new companies, according to an update from Fundbox. Now macro economic factors, from inflation to staffing shortages, “are posing significant challenges… Read More

August 9, 2022 @ 9:27 am By Omar Faridi  |  

Capify, the specialist SME lender, recently introduced a £40 million fund for UK-based small businesses in order to help with maintaining operations through challenging conditions. The fund has been established in response to growing concerns regarding access to finance from traditional lending platforms and the… Read More

July 25, 2022 @ 12:16 pm By JD Alois  |  

CrowdStreet on the Impact of Inflation. Inflation is hitting multi-decade highs, and the US Federal Reserve is raising interest rates rapidly in a rear guard action aimed at taming what is effectively a hidden tax. While the administration claimed for many months that rising prices… Read More

July 23, 2022 @ 2:27 pm By Omar Faridi  |  

Branch, which empowers working Americans by helping businesses accelerate payments, announced findings from its fourth annual Branch Report, “a look at the financial, work, and lifestyle interests of today’s hourly workers.” Surveying over 3,000 hourly employees across a variety of sectors including food service, logistics,… Read More

July 14, 2022 @ 8:01 am By Omar Faridi  |  

Persistent inflation, supply chain weaknesses and concerns over the severity of interest rate hikes are “pushing more business leaders to make difficult decisions to preserve the economic health of their companies.” This, according to the 2022 Working Capital Survey from C2FO, which claims to be… Read More

July 13, 2022 @ 12:35 pm By JD Alois  |  

Inflation rang the bell once again, topping expectations and delivering a 9.1% increase in prices in the past 12 months. Consumer prices rocketed higher in June, delivering a 1.3% increase. With the Fed on deck, the discussion now shifts to how much higher the rate… Read More

July 11, 2022 @ 1:27 am By JD Alois  |  

Tide, a Fintech providing banking services to small businesses, has issued a warning that the UK could be in store for a challenging business environment as one in five small business owners may not make it through the year. According to a survey of 1000… Read More

June 15, 2022 @ 2:26 pm By JD Alois  |  

As has been anticipated by the markets, the US Federal Reserve raised its benchmark rate by 75 basis points. At the last meeting, the Federal Open Market Committee (FOMC) raised rates by 50 bps while setting an expectation the next rate increase would fall along… Read More

June 10, 2022 @ 5:35 pm By JD Alois  |  

Inflation continues to rocket higher with no end in sight. Today, the US Bureau of Labor Statistics reported that prices rose by1% in May driving the annual rate of inflation to 8.6% – a 40-year high. All prices are going up but perhaps most acutely… Read More

June 8, 2022 @ 11:06 pm By Omar Faridi  |  

Inflation is increasing in an unprecedented manner in many developed and developing economies, putting greater pressure on the major reserve banks to raise interest rates. In the United Kingdom, April inflation hit 9%, which is notably a 40-year high and the second highest inflation rate… Read More

April 14, 2022 @ 5:51 pm By JD Alois  |  

  Inflation is rising to record-breaking heights. The most recent reading indicated that inflation hit 8.5% in March – the highest in more than 40 years. Inflationary policies pursued by the current administration, the war in Ukraine, and COVID have combined to create a toxic… Read More

February 27, 2022 @ 1:05 pm By Omar Faridi  |  

Bitcoin (BTC) appears to be set to close a highly volatile week with a green candle — rebounding from a drop to around $34,000 after Russian forces “punctuated several weeks of tensions in the areas around Ukraine with what looks like a full-scale invasion,” the… Read More

February 24, 2022 @ 11:15 am By Omar Faridi  |  

UK’s investment platform easyMoney has looked into whether a current account is the best home for our funds. Inflation is surging rapidly and interest rates have declined, so easyMoney looks into whether a current account – where interest rates of up to 5% are possible… Read More

February 18, 2022 @ 8:03 am By Omar Faridi  |  

Market prices have been rising in the US at the fastest pace in 40 years — an inflation rate of 7.5% YoY compared to December’s 7%. And the overall impact of inflation has “broadened beyond pandemic-related goods and services,” the team at digital asset firm… Read More

February 14, 2022 @ 9:20 pm By Omar Faridi  |  

A report from PeerIQ notes that the official numbers are in and they’re not looking so great. Inflation, as measured by the CPI, surged at a higher than expected 7.5% annualized rate in January 2022. That’s the fastest rate of price increases since 1982. Expectations… Read More

January 20, 2022 @ 8:38 am By Omar Faridi  |  

European Fintech iwoca notes that as worries or concerns about the economy emerge, almost three in four small business owners are thinking about the potential impact of inflation. iwoca writes in a blog post that businesses are “wary of the impact of this on their… Read More

January 18, 2022 @ 11:58 am By Sarah Touzani  |  

Surging global inflation is the number one concern for many households in 2022. With living costs continuing to rise much faster than wages, household budgets are increasingly stretched. Let’s take a closer look at how inflation is changing the game. In the UK, inflation has… Read More

January 6, 2022 @ 10:44 pm By Omar Faridi  |  

Stephanie Leung, Group Deputy CEO at Southeast Asia’s StashAway, a digital wealth manager, notes that the COVID-19 outbreak has accelerated three key trends: a new inflation regime, China’s economic recovery, and the Fourth Industrial Revolution. According to Leung’s observations, the Coronavirus pandemic has continued to… Read More

December 31, 2021 @ 11:42 am By Omar Faridi  |  

Compass Mining, which claims to be the first and largest online marketplace for Bitcoin mining hardware and hosting, has commented on the relationship between BTC’s hashrate and the leading cryptocurrency’s issuance rate. According to mining analyst Mitch Klee, the inflation rate is “tied to hashrate… Read More