by bitkogan Recent research from the Saint Louis Fed suggests that while energy prices are too volatile to accurately predict inflation, food prices can provide some insights. So far in 2023, food has been the most effective indicator for predicting inflation, with …
“The world is now in the hands of the banking institutions,” says G. Edward Griffin, author of Creature from Jekyll Island and founder of the Red Pill University. He argues that large banks have become so powerful that they are …
The Federal Reserve will make only modest progress in its fight against inflation for the rest of this year, even while keeping its benchmark interest rate at a 16-year high, a group of business economists predict in a survey released …
by Dismal-Jellyfish Sources: https://www.marketwatch.com/story/feds-bullard-backs-two-more-hikes-359fb941: St. Louis Fed President James Bullard on Monday said he would like to see two more quarter-percentage-point interest-rate hikes this year. “I think we’re going to have to grind higher with the policy rate in order …
by Dismal-Jellyfish https://www.federalreserve.gov/publications/files/2022-report-economic-well-being-us-households-202305.pdf The Federal Reserve Board on Monday issued its Economic Well-Being of U.S. Households in 2022 report, which examines the financial lives of U.S. adults and their families. The report draws from the Board’s tenth annual Survey of Household …
by DAVID HAGGITH Lovely Lorie Logan says clearly the Fed’s inflation fight is not over. Rates will rise. Today provides another stark example of how you cannot get good financial reporting from the financial media. Walmart took the news …