The hot phase of Turkey’s election campaign has begun, with parliamentary and presidential elections to be held simultaneously in the country on 14 May. In addition to the consequences of the earthquake disaster in early February, the Turkish citizens are also suffering from the massive inflation.
Article on tag "inflation"
Funds in focus: World Fund Day 2023
On 19 April, the Austrian financial sector once again focuses on funds. And for good reason: funds provide easy access to the investment markets and are suitable for retirement provision and investment.
Inflation: How to protect your savings
Inflation continues to make life more expensive and does not stop at the savings of Austrians. More about the future outlook and possible protection strategies.
Banking problems support share prices
Since the banking problems in the US emerged in March, share prices have risen and expectations for future key interest rates have fallen significantly. However, inflation dynamics remain the most important factor for the markets, but unfortunately also one that is difficult to assess.
Game Changer
The current crisis of confidence continues to dominate market activity and has significantly increased uncertainty about the future development of economic indicators. Read more in the current market commentary by Chief Economist Gerhard Winzer.
Conditionally positive economic news
Last week, positive economic data brought back some confidence. The global purchasing managers’ index, one of the most important survey-based economic reports, rose for the third time in a row. On the other hand, the latest inflation reports dampen hopes of a rapid decline in inflation without additional key rate hikes.
Risk inflation persistence
Inflation, which remains too high, continues to be the dominant macroeconomic issue. Hopes that inflation will fall as quickly as it has risen have been dampened, as Chief Economist Gerhard Winzer explains in his market commentary.
One Year Into the Ukraine War: Energy Price Shock and Inflation Still Noticeable, but Recovery on the Horizon
One year after the start of the Russian war of aggression on Ukraine, the economic impact is felt around the globe. Naturally, the economic damage in Ukraine itself is devastating.
Calibration
Central banks and markets are in a calibration phase. The question is how many key rate hikes are needed to be able to confidently expect inflation to fall in the direction of 2%. Particular attention is therefore once again being paid to the US inflation data, which will be published today, Tuesday.
Positive January on the markets
On the stock markets, the first month of the year was positive. The recent softer tones of the central banks give rise to hopes that interest rate hikes are slowly coming to an end. Read more about the current market assessment in our Investment Update.