All articles tagged with #price stability
The U.S. Postal Service has announced that stamp prices will remain unchanged in January 2026, with the next potential increase not expected until mid-2026, marking a pause after the last hike in July 2025.
Ethereum's price remains flat despite declining exchange reserves and active buying, as selling pressure matches demand. Most downside liquidity has been absorbed, and with liquidation targets above current levels, a small upward move could trigger a sharp short squeeze, especially if demand increases at the critical 200-day EMA level. The market is poised for a potential rally if momentum shifts.
Ethereum (ETH) has stabilized above $2,500, supported by strong ETF inflows, particularly BlackRock’s ETHA ETF, which saw $492 million in last week's inflows, indicating growing institutional confidence. The price rebounded from $2,460, with technical analysis showing a higher low formation and increased trading volume, suggesting a bullish trend amid broader market volatility.
Despite three major Ethereum whales accumulating over $364 million worth of ETH, overall whale activity has decreased, and ETH remains in a range with muted momentum due to fractured support from large holders. While some whales show bullish conviction, the decline in large transactions and lack of strong whale backing suggest ETH may continue trading sideways without a clear rally.
Costco's CEO has reaffirmed that the price of its iconic $1.50 hot dog and drink combo will remain unchanged, a commitment that has been upheld for nearly four decades. This price stability is part of Costco's broader strategy to signal low prices and build customer loyalty, which is crucial for maintaining its membership-driven profit model. Despite rising costs, Costco has managed to keep the price fixed by bringing production in-house and making strategic supplier changes.
Costco's new CFO, Gary Millerchip, confirmed during his first earnings call that the price of the $1.50 hot dog and soda combo will remain unchanged, dispelling recent speculation. This price has been stable since the mid-1980s, despite previous comments from former CFO Richard Galanti suggesting a potential increase. The company has managed to maintain this price by manufacturing its own hot dogs and leveraging revenue from other business sectors. Costco reported a 9.1% increase in sales for Q3 2023, exceeding expectations.
Costco's new CFO Gary Millerchip reassured investors that the price of the popular $1.50 hot dog and soda combo will remain unchanged, continuing the company's long-standing tradition of offering budget-friendly deals.
Gary Millerchip, the new CFO of Costco, reassured investors that the $1.50 hot dog and soda combo will remain unchanged, dispelling recent speculation about a potential price hike. This announcement follows comments from former CFO Richard Galanti that had caused uncertainty. Costco's strategy of manufacturing its own hot dogs and leveraging revenue from other business sectors has helped maintain the low price. The company reported a 9.1% increase in sales for Q3 2024, exceeding expectations.
The US inflation has risen to 2.5%, according to the Federal Reserve's target index, indicating a potential challenge to the central bank's goal of maintaining price stability.
The US inflation rate has eased to 2.4%, according to the Federal Reserve's target index, indicating a slowdown in price increases and potentially alleviating concerns about overheating. This development aligns with the central bank's goal of achieving price stability and will likely influence its monetary policy decisions in the near future.
Russia has announced a six-month ban on gasoline exports starting from March 1 in order to stabilize domestic prices amidst rising demand and refinery maintenance. The ban, approved by Prime Minister Mikhail Mishustin, aims to offset excessive demand for petroleum products and ensure price stability in the domestic market, particularly ahead of a presidential election. This move comes as some Russian refineries have been affected by Ukrainian drone attacks, and follows Russia's voluntary reduction of oil and fuel exports by 500,000 barrels per day in the first quarter as part of OPEC+ efforts to support prices.
The newly-appointed central bank Governor of Türkiye, Hafize Gaye Erkan, expressed confidence in the government's determination to fight inflation, stating that all economic units are working hard to combat inflation in line with the government's economic targets. Erkan stressed the importance of price stability for financial stability and explained that they would combat inflation by ensuring both price stability and financial stability. The lira weakened as much as 3.3% to a record low of 25.74 against the U.S. dollar on Friday, after the rate hike fell short of market expectations of a larger initial tightening.