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How high will interest rates get in 2022?

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The world is grappling with the rising cost of living, but exactly how long will the price hikes continue?

On a global scale, the economy is still trying to cope with the ongoing fallout from Russia’s invasion of Ukraine.

And on top of that, China’s ongoing covid lockdowns are impacting global trade. This has sent the price of necessities skyrocketing, with groceries and petrol prices hurting the back pocket.

The key U-S banking authority just gave the public an insight into its state of mind, releasing minutes from the latest policy meeting.

The Federal Reserve has indicated that interest rate hikes could go higher than anticipated in an attempt to cool inflation.

Officials have confirmed they are willing to go ahead with multiple 50 basis points rate increases.

 

“The markets responded very favourably today…The Fed is getting ready to not allow the markets to fall much further”

octavio marenzi

But exactly how high will interest rates go?

“I think it’s going to be a good deal higher than 3.5 or 4%”

Octavio marenzi

The new data shows that there is some hope when it comes to cooling inflation, but also clearly shows there’s skepticism about financial stability.

Went we look at housing, sales of new houses have declined by approximately 16%, with many concerned that buying a house is simply out of reach for people right now.

This is, of course, on top of sky-high petrol prices, groceries, and minimum wages.

“For many Americans, housing is now out of reach… Houses are very expensive… It’s having an affect on home owners and home renters”

octavio marenzi

Holly is an anchor and reporter at Ticker. She's experienced in live reporting, and has previously covered the Covid-19 pandemic on-location. She's passionate about telling stories in business, climate and health.

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Cybersecurity experts on the best ways to protect your business

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Cybersecurity experts agree its essential to get the basics of protecting your business and customers first.

 
Regulators around the world are stepping up scrutiny of corporations who have failed to uphold proper cybersecurity protocols.

And on the eve of cybersecurity awareness month, experts are warning that it’s important to get the basics right of protecting your customers – or your own data.

For more, we’re joined by Annie Hagger of Cyber GC, and Sam Fariborz, group manager of cybersecurity services & program at the Kmart Group.

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How Ukraine succeeds in attacking Russian military targets

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Ukraine has managed to launch successful attacks on key Russian military facilities, leaving experts and analysts baffled by the unexpected outcomes.

These strategic assaults have raised questions about Ukraine’s military capabilities and the effectiveness of its tactics in countering Russian forces.

Ukraine’s recent victories can be attributed to several key factors. First and foremost, the country has significantly improved its intelligence gathering and information warfare capabilities, allowing it to pinpoint vulnerabilities in Russian defenses. This enhanced situational awareness has enabled Ukraine to launch precise and coordinated strikes on critical military installations.

Additionally, Ukraine has received substantial support from international allies, both in terms of military equipment and training. This assistance has bolstered the Ukrainian military’s effectiveness and provided them with advanced weaponry, giving them an edge in their confrontations with Russian forces.

Furthermore, Ukraine’s determination and resilience in the face of adversity cannot be underestimated. The country’s citizens and armed forces have shown unwavering commitment to defending their sovereignty, driving them to devise innovative strategies and tactics to outmaneuver the Russian military.

The world watches with bated breath as Ukraine’s successful attacks continue to unfold, highlighting the evolving nature of modern warfare and the adaptability of smaller nations facing formidable adversaries.

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Jorge Vilda under investigation amid Luis Rubiales ‘Kissgate’ probe

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Former Spain manager Jorge Vilda is set to come under scrutiny as part of the ongoing investigation into the ‘kissgate’ controversy involving Luis Rubiales.

The investigation, which has sent shockwaves through the footballing world, centers around an alleged incident where Luis Rubiales, known for his fiery personality, kissed a reporter without her consent during a press conference in 2022. The incident quickly gained attention on social media and was widely condemned.

As part of the probe, authorities are now turning their attention to Jorge Vilda, who was the head coach of the Spanish national women’s team at the time of the incident. It is alleged that Vilda may have had knowledge of the incident or been aware of Rubiales’s behavior during the press conference.

Vilda, a respected figure in women’s football, has denied any wrongdoing and maintains that he had no prior knowledge of Rubiales’s actions. He expressed his shock and disappointment at being dragged into the controversy.

The investigation is being closely followed by football fans and stakeholders alike, as it raises questions about the accountability of individuals in positions of power within the sport. The ‘kissgate’ scandal has already had far-reaching implications for Rubiales, who resigned as the president of the Spanish Football Federation amidst the controversy.

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