Gas Prices Set To Soar As Crack Spread Jumps On Tightening Fuel Supplies (Gasoline Prices UP 45% Under Biden, Diesel Prices UP 77%, Strategic Petroleum Reserve DOWN -47%)

by confoundedinterest17 U.S. oil refining margins, also known as the 3-2-1 crack spread, jumped to a three-month high on Tuesday — and that’s an indication the country faces an ongoing product shortage that might lead to higher gasoline and diesel …

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Egypt inflation jumps to five-year high of 18.7 pct in November: Latest data (thanks to our corrupt elites & criminal central bankers, soon we will all be Egypt)

Egypt’s annual urban consumer inflation rate surged to a five-year high of 18.7 percent in November, closely matching analyst expectations, data from the statistics agency CAPMAS showed on Thursday. The inflation figure, up from 16.2 percent in October, was the …

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German inflation jumps to 10%! ECB most likely to hike more and faster!

by ThinkBigger01 https://www.reuters.com/markets/europe/german-annual-inflation-rate-10-september-business-insider-citing-govt-sources-2022-09-29/ https://www.investing.com/economic-calendar/german-cpi-737 German CPI inflation jumped to a whopping 10.0% in september (from 7.9% last month). Tomorrow we’ll get Eurozone inflation which most likely will also come out much higher. Expect more pressure on ECB and Lagarde to hike alot …

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Sri Lanka Inflation Jumps Close to 40% as Shortages Persist

by Boo_Randy Thanks to our corrupt elites & criminal central bankers, soon we will all be Sri Lanka. https://www.bloomberg.com/news/articles/2022-05-31/sri-lanka-s-inflation-surges-to-record-39-1-in-may?srnd=premium-asia&sref=ibr3A0ff Sri Lanka’s headline inflation quickened more than expected in May amid continuing food and fuel shortages, even as the country struggles …

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UK inflation jumps to a 30-year high of 6.2%, intensifying the cost-of-living crisis (Business Insider)

https://markets.businessinsider.com/news/stocks/uk-inflation-february-energy-cost-of-living-bank-of-england-2022-3 Prices rose across the UK economy at the fastest rate in 30 years in the year to February, intensifying a cost-of-living crisis in the country. Year-on-year consumer price index inflation hit 6.2% in February, the Office for National Statistics said Wednesday, …

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Gold Jumps Despite Ultra-Hawkish Fed

by Arkadiusz Sieron of Sunshine Profits The FOMC finally raised interest rates and signaled six more hikes this year. Despite the very hawkish dot plot, gold went up in initial reaction. There has been no breakthrough in Ukraine. Russian invasion has largely stalled on …

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U.S. producer price inflation jumps 9.7% in December from a year ago, the highest y/y increase on record. U.S. DOLLAR plummeting hard. The Fed is still acting too slowly??

U.S.🇺🇸 DOLLAR 💵 pic.twitter.com/yNiCOpMcHi — Win Smart, CFA (@WinfieldSmart) January 13, 2022 US December headline PPI inflation came in at 9.7%, a new record and just below the median forecast. The core measure was 8.3%, compared to the prior 7.7% …

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US producer price inflation jumps to 6.6%, largest increase ever recorded in history… Kyle Bass: Actual inflation rate is around 12%

https://twitter.com/disclosetv/status/1404784364131696642 Kyle Bass: Actual Inflation Rate Is Around 12% Bass noted that the Federal Reserve’s easy-money policy has added about 34% more money to the system in the last 14 months, a move that effectively cuts into the consumer’s buying …

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