EU economies relative battles with inflation…
h/t Infamous_Sympathy_91
inflation
Inflation Alert! Fed Set to Raise Rates by 0.75 Point and Debate Size of Future Hikes. Some officials are beginning to signal greater unease with big rate rises to fight inflation.
(Bloomberg) — US central bankers said the next phase in their campaign to curb inflation will be to debate how high to raise interest rates and when to slow the pace of increases. St. Louis Fed President James Bullard and …
Inflation in Sri Lanka hits record 73.7 percent
Annual food price inflation picked up to 85.8 percent from 84.6 percent in August, while prices of non-food items rose 62.8 percent. Sri Lanka’s Central Bank Governor Nandalal Weerasinghe predicted earlier on Thursday that inflation in the island nation is …
‘Doctor Doom’ predicts worst crisis! Red-hot inflation will lead to a global financial crash, famed economist Nouriel Roubini warns
Global financial markets should brace for a period of decline that will be more severe than the crashes of the 1970s and 2008, according to renowned economist and New York University professor Nouriel Roubini. He told Bloomberg on Thursday that …
Bird flu and food inflation push turkey prices 73% higher than last year
by: Arsenio Toledo (Natural News) Turkey prices are currently 73 percent higher than they were last year, and might stay that way or get worse as Thanksgiving approaches. The price per pound for an eight- to 16-pound turkey is currently at …
Bread prices soar as inflation cripples Europe
“Consumers can afford to pay more for now, but prices will keep rising,” Julien Bourgeois, whose family runs a central France flour mill, told The New York Times. Since Russian invaded Ukraine, Bourgeois said the price of wheat purchased by …
We’re Getting Poorer: Price Inflation Grew Faster Than Wages Again In September
by Ryan McMaken of Mises Institute The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, September was yet another month of soaring inflation. According to the BLS, Consumer Price Index (CPI) inflation rose 8.2 percent year …
Europe’s Misery index (unemployment rate + inflation rate) is at an all-time high
Europe’s Misery index (unemployment rate + inflation rate) All time highs pic.twitter.com/IOiJgmatje — Alessio (@AlessioTMAD) October 19, 2022 GERMANY SEPT. PPI INFLATION JUMPS 2.3% M/M; EST. 1.3% 🇩🇪🇩🇪 — Christian Klein (@clkleinmonaco) October 20, 2022 https://twitter.com/edwardnh/status/1583102730482032640
US Mortgage Rates Climb To 7.20% (Highest Since 2000) As Core Inflation And Diesel Prices Soar With The Fed Counterttacking (Mortgage Rates Likely To Rise To 9-9.25% By May 2023)
by confoundedinterest17 US 30-year mortgage rates rose to 7.20% yesterday, the highest rate since 2000. Why? Core inflation is rising and its the highest since 1992. Diesel prices, the all-important fuel for the transportation industry, is rising again after a brief …
How do the inflation numbers miss the surges in Rents and Mortgage Costs?
by Shaun Richards We find ourselves in a situation that has not been seen for several decades. There is a link to yesterday’s topic which is the catastrophic mess out political class have made of out energy supply which contributes …
Consumers are buying fewer items to cope with inflation at the grocery store…Bezos warns on the economy, saying it’s time to ‘batten down the hatches’
It does not look like a soft landing Consumers are buying fewer items to cope with inflation at the grocery store. A leading indicator of consumer spending this holiday season. pic.twitter.com/5JWCYoN3bw — The Maverick of Wall Street (@TheMaverickWS) October 19, …
WORLDWIDE INFLATION (YoY CPI )
WHAT OTHER COUNTRY COUNTRY SHOULD I ADD TO THE LIST ?? — GURGAVIN (@gurgavin) October 19, 2022
Stacey Abrams – more abortions will help with inflation problem.
Stacey Abrams just said more abortions will help solve the inflation problem. You can't make this up. pic.twitter.com/SqGiP5l2Fn — Dan O'Donnell (@DanODonnellShow) October 19, 2022
NIGERIA inflation rose 8th Straight month to 20.77% in September
“Nigeria inflation rises in September despite central bank rate hikes” ABUJA (Reuters) -Inflation in Nigeria rose for the eighth straight month to 20.77% in September from 20.52% in August, the statistics bureau said on Monday, despite the central bank’s sharp …
US Mortgage Hits 7.20%, Highest Since 2000 As Fed Counterattacks Bidenflation (US Core Inflation Highest Since 1982)
by confoundedinterest17 Another Saturday high for the Biden Administration. Americans got less money thanks to Bidenflation. The US 30yr Mortgage rate just hit a new high since 2000 as The Federal Reserve counterattacks the highest core inflation rate (6.60%) since 1982. According …
ABC News: Wages can’t keep up with inflation
ABC News: Wages can’t keep up with inflation pic.twitter.com/BJFHxwUSZD — The Post Millennial (@TPostMillennial) October 14, 2022 View post on imgur.com The Federal Reserve was no doubt troubled by July’s decline in the US unemployment rate to 4.5 percent and increase …
ALAN GREENSPAN ABOUT INFLATION, SAVINGS AND GOLD
Greenspan: “USA can pay any debt because it can always print money” AC
Peter Schiff: The Fed is losing its inflation fight. Soon it will surrender.
Another hotter than expected #CPI surprised investors. Sept. CPI rose .4%, double expectations. YoY prices rose 8.2%. The 6.6% YoY rise in core CPI is the most since 1982. OER had biggest monthly spike since 1990. The #Fed is losing …
‘Inflation undershoots’ …… Inflation rate in Argentina: 90%
BUENOS AIRES, Oct 14 (Reuters) – Argentina’s monthly inflation rate came in lower than expected in September, a rare reprieve for the embattled economy and struggling residents, which may allow the central bank to pause its aggressive rate hiking cycle …
America’s inflation hotspots REVEALED…
by Boo_Randy Rising costs hit everyone, but residents of Phoenix, Atlanta and Miami hurt the most, says study. Want to avoid the price hikes? Move to Anchorage I wonder what the REAL inflation numbers are? Phoenix, Atlanta, Miami, Tampa, and …
US Retail Sales Stagnate As Inflation Hits Consumers (Fed Tightening To Combat Bidenflation)
by confoundedinterest17 Bidenflation is just killing us. Now rising prices and The Fed’s counterattack are killing retail sales for American consumers. US retail sales were sluggish last month, suggesting shoppers are becoming more guarded about discretionary purchases in the worst …
Rick Santelli on CNBC says the quiet part out loud… Inflation, It May Complicate Derivatives
Beginning at the 2:10 mark to the 2:42 mark, Rick talks about the impact of inflation on derivatives. “options volatility….moves up or down dramatically there is very little you can do about it but take a hit” Oh no, inflation …
THE OTHER 40% ARE DEMOCRATS: Inflation top voter issue, 60% blame Biden bumbling.
Rising inflation is the top election issue for over 8 out of 10 voters, with most blaming President Joe Biden’s policies for making the economy worse in less than two years on the job. In the latest Rasmussen Reports survey, 84% said …
It’s Not Working! The Fed’s War On Inflation Is FAILING And That Has Very Serious Implications For Our Future
by Michael Earlier this year the Federal Reserve declared war on inflation, and since that time we have seen a series of interest rate hikes that has been absolutely breathtaking. We knew that this would negatively impact the financial markets, …
US Core Inflation Seen Returning to 40-Year High as Rents Rise (Producer Price Index Higher Than Expected At 8.5% YoY)
by confoundedinterest17 The US Producer Price Index (Final Demand) printed at a higher than expected 8.5% YoY, throwing cold water on the notion that inflation is “transitory.” A key US inflation measure due Thursday is set to return to a four-decade …
Bill H.R. 9157 introduced to Restore Gold Standard to U.S. Dollar as Inflation Soars to Record Highs
Congressman Alex Mooney (R-WV) has introduced the Gold Standard Restoration Act to restore the purchasing power of the U.S. dollar and protect the currency from rising inflation. “The gold standard would protect against Washington’s irresponsible spending habits and the creation …
Germany Inflation Reaches 10%, The Highest It’s Seen In 32 years
https://t.co/N62XIuqvNY — Watcher.Guru (@WatcherGuru) October 13, 2022