Category: Business

Banks are an inseparable part of any economy as they help in controlling the money supply in the economy by absorbing excess liquidity or pumping in additional funds during the time of economic contraction. Not just private individuals, banks offer financial support to organizations too, including government entities and private companies. Depending on the services […]

In October 2022, consumer inflation reached 7.7 percent from a year earlier, and 0.4 percent from September 2022. This slowdown from 8.2 percent in September 2022, was the smallest increase since January 2022. A different gauge known as core inflation, which excludes food and energy, has increased by 6.3 percent in the past 12 months, […]