Inflation

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Bitcoin price plummeting below $60,000 amid inflation concerns, with charts and liquidation warnings.
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Bitcoin falls below $60,000 on sticky inflation data

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Bitcoin dropped below $60,000 on June 25 after U.S. economic reports showed persistent inflation and firm growth. The move triggered nearly $1 billion in liquidations across crypto derivatives.

South Korea lowered price ceilings on fuel products on Friday. Finance Minister Koo Yun-cheol vowed to freeze electricity and gas rates in the second half of the year.

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South Korea will lower the cap on fuel prices to reflect the recent decline in global crude oil prices while freezing electricity and gas rates in the second half, Finance Minister Koo Yun-cheol said on Friday.

The IPCA-BH recorded a 0.58 percent rise in the first quadrissemana of June, more than double May’s variation. The advance was driven by electricity and services, according to Fundação IPEAD.

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Prime Minister Mostafa Madbouly chaired the Economic Ministerial Group meeting in the New Administrative Capital to review the IMF reform programme, inflation and investment reforms.

The Central Bank's Market Expectations Survey adjusted its forecasts for inflation and the exchange rate in 2026.

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Ethiopia has reached a staff-level agreement with the IMF on the fifth review of its economic reform program following an in-person visit and virtual talks.

 

 

 

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