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Fed chair Powell

Fed chair Powell

U.S. Federal Reserve Chair Jerome Powell holds a press conference following the central bank's policy meeting in Washington on May 7, 2025. The Fed kept its key interest rate steady for a third straight policy meeting, saying the risk of inflation has increased.

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US Federal Reserve Chair Jerome Powell At A Press Conference - DC

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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US Federal Reserve Chair Jerome Powell At A Press Conference - DC

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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US Federal Reserve Chair Jerome Powell At A Press Conference - DC

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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US Federal Reserve Chair Jerome Powell At A Press Conference - DC

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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US Federal Reserve Chair Jerome Powell At A Press Conference - DC

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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US Federal Reserve Chair Jerome Powell At A Press Conference - DC

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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US Federal Reserve Chair Jerome Powell At A Press Conference - DC

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates By A Quarter Point - Washington

Fed Cuts Interest Rates By A Quarter Point - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Nov. 7, 2024. The U.S. Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this easing cycle. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates By A Quarter Point - Washington

Fed Cuts Interest Rates By A Quarter Point - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Nov. 7, 2024. The U.S. Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this easing cycle. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates By A Quarter Point - Washington

Fed Cuts Interest Rates By A Quarter Point - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Nov. 7, 2024. The U.S. Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this easing cycle. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates By A Quarter Point - Washington

Fed Cuts Interest Rates By A Quarter Point - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Nov. 7, 2024. The U.S. Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this easing cycle. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates By A Quarter Point - Washington

Fed Cuts Interest Rates By A Quarter Point - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Nov. 7, 2024. The U.S. Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this easing cycle. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates By A Quarter Point - Washington

Fed Cuts Interest Rates By A Quarter Point - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Nov. 7, 2024. The U.S. Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this easing cycle. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

(240919) -- BEIJING, September 19, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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Fed Cuts Interest Rates For First Time In 4 Years - Washington

Fed Cuts Interest Rates For First Time In 4 Years - Washington

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on September 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

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THE PHILIPPINES-INFLATION RATE

THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A man carries a sack of rice at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vendor prepares vegetables at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vendor prepares vegetables at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Customers shop at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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T?RKIYE-ANKARA-INFLATION

T?RKIYE-ANKARA-INFLATION

(240805) -- ANKARA, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Fruits and vegetables are seen on shelves at a supermarket in Ankara, Trkiye, Aug. 5, 2024. Trkiye's annual inflation rate cooled to 61.78 percent in July, marking the second consecutive month of deceleration, official data showed on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION

T?RKIYE-ANKARA-INFLATION

(240805) -- ANKARA, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A man shops at a supermarket in Ankara, Trkiye, Aug. 5, 2024. Trkiye's annual inflation rate cooled to 61.78 percent in July, marking the second consecutive month of deceleration, official data showed on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION

T?RKIYE-ANKARA-INFLATION

(240805) -- ANKARA, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Dairy products are seen on shelves at a supermarket in Ankara, Trkiye, Aug. 5, 2024. Trkiye's annual inflation rate cooled to 61.78 percent in July, marking the second consecutive month of deceleration, official data showed on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION

T?RKIYE-ANKARA-INFLATION

(240805) -- ANKARA, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People shop at a supermarket in Ankara, Trkiye, Aug. 5, 2024. Trkiye's annual inflation rate cooled to 61.78 percent in July, marking the second consecutive month of deceleration, official data showed on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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EGYPT-CAIRO-ANNUAL HEADLINE INFLATION RATE-JUNE-DROPPING

EGYPT-CAIRO-ANNUAL HEADLINE INFLATION RATE-JUNE-DROPPING

(240710) -- CAIRO, July 10, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A man looks at a clothing store in Cairo, Egypt, on July 10, 2024. Egypt's annual headline inflation rate dropped to 27.1 percent in June, down from 27.4 percent in May, continuing a downward trend for the fourth consecutive month, the country's statistics body reported on Wednesday. Photo by Xinhua/ABACAPRESS.COM/Ahmed Gomaa)

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EGYPT-CAIRO-ANNUAL HEADLINE INFLATION RATE-JUNE-DROPPING

EGYPT-CAIRO-ANNUAL HEADLINE INFLATION RATE-JUNE-DROPPING

(240710) -- CAIRO, July 10, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People walk past a clothing store in Cairo, Egypt, on July 10, 2024. Egypt's annual headline inflation rate dropped to 27.1 percent in June, down from 27.4 percent in May, continuing a downward trend for the fourth consecutive month, the country's statistics body reported on Wednesday. Photo by Xinhua/ABACAPRESS.COM/Ahmed Gomaa)

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EGYPT-CAIRO-ANNUAL HEADLINE INFLATION RATE-JUNE-DROPPING

EGYPT-CAIRO-ANNUAL HEADLINE INFLATION RATE-JUNE-DROPPING

(240710) -- CAIRO, July 10, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People stand in front of clothing stores in Cairo, Egypt, on July 10, 2024. Egypt's annual headline inflation rate dropped to 27.1 percent in June, down from 27.4 percent in May, continuing a downward trend for the fourth consecutive month, the country's statistics body reported on Wednesday. Photo by Xinhua/ABACAPRESS.COM/Ahmed Gomaa)

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EGYPT-CAIRO-ANNUAL HEADLINE INFLATION RATE-JUNE-DROPPING

EGYPT-CAIRO-ANNUAL HEADLINE INFLATION RATE-JUNE-DROPPING

(240710) -- CAIRO, July 10, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A woman selects vegetables at a stall in Cairo, Egypt, on July 10, 2024. Egypt's annual headline inflation rate dropped to 27.1 percent in June, down from 27.4 percent in May, continuing a downward trend for the fourth consecutive month, the country's statistics body reported on Wednesday. Photo by Xinhua/ABACAPRESS.COM/Ahmed Gomaa)

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T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240627) -- ANKARA, June 27, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People shop at a market in Ankara, Trkiye, June 27, 2024. Trkiye's annual inflation has exceeded 75 percent, the highest in the past 18 months. While officials suggest this may represent the peak before a potential easing of prices, experts caution that the high cost of living is likely to linger. TO GO WITH "News Analysis: Is the worst over for Trkiye's inflation woes? " (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240627) -- ANKARA, June 27, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People shop at a market in Ankara, Trkiye, June 27, 2024. Trkiye's annual inflation has exceeded 75 percent, the highest in the past 18 months. While officials suggest this may represent the peak before a potential easing of prices, experts caution that the high cost of living is likely to linger. TO GO WITH "News Analysis: Is the worst over for Trkiye's inflation woes? " (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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XINHUA PHOTOS OF THE DAY

XINHUA PHOTOS OF THE DAY

(240614) -- BEIJING, June 14, 2024 Photo by Xinhua/ABACAPRESS.COM) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. (U.S. Federal Reserve/Handout via Xinhua/ABACAPRESS.COM

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India's retail inflation in 12-month low in May

STORY: India's retail inflation in 12-month low in May SHOOTING TIME: File DATELINE: June 13, 2024 LENGTH: 00:01:29 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of market area 3. various of food grain STORYLINE: India's retail inflation fell to 4.75 percent in May from 4.83 percent in April, official data showed Wednesday. This was said to be the lowest in the past 12 months. Retail inflation has been under the five-percent mark for three consecutive months starting from March. "Year-on-year inflation rate based on all India Consumer Price Index (CPI) number is 4.75 percent (provisional) for the month of May 2024. Corresponding inflation rate for rural and urban is 5.28 percent and 4.15 percent, respectively," the statistical ministry said. Food inflation was 8.69 percent in May, marginally down from 8.70 percent in April. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240613) -- WASHINGTON, D.C., June 13, 2024 Photo by Xinhua/ABACAPRESS.COM) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. TO GO WITH "Economic Watch: U.S. Fed holds rates in place, predicts one cut this year" (U.S. Federal Reserve/Handout via Xinhua/ABACAPRESS.COM

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240613) -- WASHINGTON, D.C., June 13, 2024 Photo by Xinhua/ABACAPRESS.COM) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. TO GO WITH "Economic Watch: U.S. Fed holds rates in place, predicts one cut this year" (U.S. Federal Reserve/Handout via Xinhua/ABACAPRESS.COM

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240613) -- WASHINGTON, D.C., June 13, 2024 Photo by Xinhua/ABACAPRESS.COM) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. TO GO WITH "Economic Watch: U.S. Fed holds rates in place, predicts one cut this year" (U.S. Federal Reserve/Handout via Xinhua/ABACAPRESS.COM

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Turkish consumers' patience wears thin as inflation peaks at 75 pct

STORY: Turkish consumers' patience wears thin as inflation rate peaks at 75 pct SHOOTING TIME: June 3, 2024 DATELINE: June 4, 2024 LENGTH: 00:03:37 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Ankara 2. SOUNDBITE 1 (Turkish): SUAT ENGIN, Pensioner 3. various of Ankara 4. SOUNDBITE 2 (Turkish): NILGUN OZMEN, Pensioner 5. various of Ankara 6. SOUNDBITE 3 (Turkish): SELMA SONGUN, Housewife STORYLINE: With Türkiye's annualized inflation rate exceeding 75 percent in May, Turkish consumers are in desperate need of the relief promised by the government's disinflation efforts. Türkiye's inflation rate rose in May to 75.45 percent, official data revealed on Monday. That's the highest point since November 2022, and a significant jump from April's rate of 69.8 percent. "The worst is over," Treasury and Finance Minister Mehmet Simsek said on X after Monday's data release. The minister sought to reassure the public that relief is in sight. "We saw the highest level of annual inflation, which refl

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Türkiye's annual inflation exceeds 75 pct in May

STORY: Türkiye's annual inflation exceeds 75 pct in May SHOOTING TIME: June 2-3, 2024/Archives DATELINE: June 4, 2024 LENGTH: 00:01:10 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in Istanbul, Türkiye (Shooting date: May 17, 2024) (courtesy of ihlas news agency) 2. various of people at a discount cafe in Samsun, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) 3. various of people at a fish bazaar in Düzce, Türkiye (Shooting date: June 3, 2024) (courtesy of ihlas news agency) 4. various of people shopping in Safranbolu, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. Consumer prices rose by 3.37 percent in May, compared to an increase of 3.18 percent in April, as per data from the Turkish Statistical Institute. The highe

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T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240603) -- ANKARA, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People shop at a store in Ankara, Trkiye, on June 3, 2024. Trkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240603) -- ANKARA, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A boy buys bread at a bakery in Ankara, Trkiye, on June 3, 2024. Trkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240603) -- ANKARA, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People walk on a street in Ankara, Trkiye, on June 3, 2024. Trkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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BELGIUM-BRUSSELS-INFLATION-MAY

BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Bottles of wine are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. Photo by Xinhua/ABACAPRESS.COM/Zhao Dingzhe)

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