Rapid Pace of U.S. Inflation Likely Held Steady in May
This post was originally published on this siteThe Labor Department is estimated to report that the consumer-price index rose 8.3% in May from the same month a year ago, the same as in April, according to economists surveyed by The Wall Street Journal.
Politicians Cause Real Pain With Inflationary Policies
This post was originally published on this site Gasoline prices just hit new record highs, and that’s just the tip of the iceberg, inflation-wise. As consumers know, but federal officials seem slow to admit, everything is becoming more expensive. And while the purchasing power of our money is expected to...
The economic shock of inflation ended when the tipping point on Main Street arrived
This post was originally published on this site Joe Raedle | Getty Images News | Getty Images The latest reading of the Consumer Price Index, the highest in four decades, is not the only sign of rising inflation in 2022, rather than a denial of the impact on the...
Inflation Expected to Have Stayed Near 40-Year High
This post was originally published on this siteEconomists estimate the consumer-price index rose 7.2% in January, the fastest pace since 1982 as supply-chain constraints and high demand drove up costs.
Bloated Central Bank Balance Sheets Are the Real Risk
This post was originally published on this siteWhat would you pay for fixed-income assets now if you knew that the biggest holders will become forced sellers later?
Consumer Prices Jumped at Fastest Pace Since 1982
This post was originally published on this siteThe Consumer Price Index increased at the fastest pace in 40 years, a new report showed.
The White House Says More Government Spending Will Fix Inflation
This post was originally published on this site As American workers grapple with soaring inflation—the consumer price index rose 6.2 percent since last October, the largest single-year increase in 30 years—the Biden administration has a plan: spend lots of money. President Joe Biden said this week that the government spending...
U.S. Inflation Likely Reached 30-Year High in October
This post was originally published on this siteEconomists expect the Labor Department to report that the consumer-price index rose 5.9% last month amid pandemic-related supply shortages and continued strength in consumer demand.
Inflation Sped up in October, Economists Expect
This post was originally published on this siteAfter moderating slightly in recent months, inflation is forecast to pick up again. That is bad news for President Biden and the central bank.
