by DesmondMilesDant Next CPI acc to Cleveland is 4.11%. Headline inflation never comes above Cleveland Fed expectations. Let’s see what happens.
by BoatSurfer600 Because that’s what happened in 2008. However markets went into meltdown which caused inflation to collapse. It’s also what happened to Volcker in 1980 and he was forced to raise rates later in the year THIS balance sheet …
The inflation data is fake. They massively underreport actual inflation in order to minimize.cost of living adjustments for things like social security. https://t.co/946zRGpPhX — Wall Street Mav (@WallStreetMav) May 11, 2023 Increases over the last 2 years…CPI Medical Care: +3.9%CPI …
by Dismal-Jellyfish Source: https://www.newyorkfed.org/microeconomics/sce#/hhincexp-1 The main findings from the April 2023 Survey are: Inflation Median inflation expectations declined by 0.3 percentage point at the one-year-ahead horizon to 4.4%, but increased by 0.1 percentage point at the three- and five-year-ahead horizons to …
by confoundedinterest17 The good news? The US economy added 253k jobs in April. The bad news? Last months jobs report of 236k jobs added was revised downwards to 165k jobs added. US average hourly earnings year-over-year (YoY) rose in April to 4.4%. …
by Shaun Richards The week just gone has been one of a series of 0.25% increases in interest-rates around the world From the heights of the US Federal Reserve on Wednesday and the ECB yesterday to the Norges Bank. However …
As you can see, the core inflation measures have all increased at a faster rate than headline inflation over the past year. This suggests that underlying inflationary pressures are building in the economy. h/t TheRealJugger
The trend is clear: the US economy is rapidly slowing down, in large part due to the “depressurization event” among small and medium regional banks, that has seen loan issuance grind to a halt. There was an almost palpable gasp …
$31.4 trillion in debt currently. It will be at $32 trillion instantly once they raise ceiling, to refill govt accounts. $4.9 trillion govt tax revenue$6.9 trillion govt spending $1 trillion, 20% of tax revenue, will be going to pay interest …
by Shaun Richards This is life under Joe Biden. Record sovereign risk, record high debt, near 40-year highs in inflation, a hot war in Ukraine with Russia, failure of DOJ/FBI to do anything about the content of Hunter Biden’s laptop, repression of …
After having somewhat belatedly discovered credit cards, an old acquaintance of consumers in Brazil, Americans are getting used to another Brazilian way of consuming: using installment payments to make small day-to-day purchases, such as trips to the supermarkets or to …
As of April, the pace of inflation has slowed from a year-over-year peak of 9.1% to 5%. That’s good news for struggling consumers, but doesn’t tell the whole story of how much more Americans are spending due to rising prices. …
by Dismal-Jellyfish Source: https://www.newyorkfed.org/microeconomics/sce/labor#/ The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the March 2023 SCE Labor Market Survey. The SCE Labor Market Survey, fielded as part of the Survey of Consumer Expectations (SCE) since March 2014, provides information on …
Large anti government demonstration in Prague. Protesters cite inflation, which has been at least 15% in January, February, and March of this year, and rising energy prices as reasons for demanding the resignation of the Czech government. by u/Settlemente in …
Inflation was 7.7% in March and reached 104.3% in the last year With last month’s record, the CPI accumulated a rise of 21.7% in the first quarter, which leaves a high floor for the rest of the year; sharp increase …
by joeyang043 Let me give an extreme example. A pizza is priced at $10 two years ago. One year later, it is priced at $1000. The yoy inflation is ~10000%. Another year later, the price drops to $990. The yoy …
by: Cassie B. (Natural News) The relentless inflation that has been draining Americans’ savings extends far beyond the grocery store, and one popular fast food sandwich illustrates just how much prices have risen in recent months. Although its price varies …
by TonyLiberty Fed expects banking crisis to cause a recession this year, minutes show Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released Wednesday. Minutes from …
by TonyLiberty Consumer Price Index Changes (CPI YoY): +13.9% 🚎 Transportation +10.2% ⚡ Electricity +8.8% 🍔 Eating Out +8.4% 🛍️ Groceries +8.2% 🏠 Shelter +6.1% 🚗 New Cars +5.5% 💨 Gas (Utilities) +1.0% 💊 Medical Care -11.2% 🚙 Used Cars …
by confoundedinterest17 US Core inflation keeps rising despite The Federal Reserve slowing M2 Money growth and raising The Fed Funds Targget rate as The Fed plays catch up from Janet Yellen’s “Too Low For Too Long” monetary policies under Obama. And she …
CNBC, Released on 4/11/23 David Rosenberg, Rosenberg Research founder and president, joins ‘Squawk on the Street’ to discuss why it would be a mistake for the Federal Reserve to hike rates again, why he believes inflation will be falling, and …
by Martin Armstrong The Inflation Reduction Act has only increased inflation. Secretary of the Treasury Janet L. Yellen came out and admitted the truth – the act’s entire premise is to push the climate change agenda forward. “The Inflation Reduction Act …
by confoundedinterest17 Inflation started with Biden’s misguided war on US energy, then Biden/Congress helped inflation with an epic spending splurge. The Federal Reserve counterattacked with Fed rate hikes. Over the past year, The Fed Funds Effective rate has risen and US …
via MSN: Although inflation has been trending lower in the U.S. in recent months, the world’s biggest retailer has warned that it might still have to raise prices to deal with higher costs. The warning was issued by Walmart CFO …
by BoatSurfer600 Dave Burt, CEO of investment research firm DeltaTerra Capital, was one of the few skeptics who recognized the housing market was on the brink of collapse in 2007. Now, he believes an overlooked and unpriced climate risk could …
by Dismal-Jellyfish https://www.federalreserve.gov/releases/h41/20230406/ What we are monitoring: Discount Window/Primary Credit Central Bank Liquidity Swaps Bank Term Funding Program (BTFP) “Other credit extensions” “Foreign Official” Tool 3/15 3/22 3/29 4/5 Discount Window/Primary Credit $152.85 billion $110.248 billion $88.157 billion $69.705 billion Central …
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