Global food prices soared 28% in 2021, the most in 14 yrs

January 6, 2022 9:57 pm by IWB

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global food prices ⬆️ ~ 28% in 2021, the most in 14 yrs pic.twitter.com/8e7xAJfQIP

— 🔴 I. Vodenitcharov CFA CMT (@iv_technicals) January 6, 2022

Japan Nov Real Wages Fall For 3rd Month As Inflation Hits Stagnant Nominal Pay – RTRS t.co/HdPAX1MpMW

— LiveSquawk (@LiveSquawk) January 6, 2022

See also CFTC Commissioner Pham Announces Proposed Work Program for CFTC Global Markets Advisory Committee and Seeks PUBLIC Input by May 30. Topics include: derivatives market reform, recommendations on regulation of NFTs, recommendations to improve trade reporting for swaps market oversight.

The fear of a .25 rate hike has broke the market. Meanwhile the CPI is at 6.8% and real inflation is at 20%. If they hike to where we were before covid the entire world would end.

— Stalingrad & Poorski (@Stalingrad_Poor) January 6, 2022

See also Fed's Economic Well-being US Household 2022: "fewer adults reported having money left over after paying their expenses. 54% of adults said that their budgets had been affected "a lot" by price increases." "51% of adults reported that they reduced their savings in response to higher prices."

Oil enjoyed its best year in over a decade, rising 57% in 2021. #energy #oilandgas pic.twitter.com/yO8YSUqTDH

— Michael A. Gayed, CFA (@leadlagreport) January 6, 2022

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