“Our models seem ill equipped to handle a fundamentally different source of inflation, specifically, in this case, surge pricing inflation.” That’s what Minneapolis Fed president Neel Kashkari wrote t...
Tag: Inflation
SEC Will ‘Crush’ Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 — Week in Review – The Weekly Bitcoin News
2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other ...
Why a stock market obsessed with the Fed’s inflation fight should focus on Main Street jobs in 2023
Fortunes on Wall Street this year could hinge less on what’s happening to high-paid workers in San Francisco’s reeling technology sector and more on a familiar part of American life: the working class...
Major Retailer Appears Headed For Bankruptcy
The party may be over at Party City. Beloved theme and costume retailer Party City (PRTY) – Get Free Report is said to be considering bankruptcy within weeks, and is talking to bondholders abou...
Raphael Bostic says Fed needs to ‘stay the course’ despite lower wage gains
Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better than expected employment growth, doesn’t change his...
Eurozone inflation beats expectations, what will ECB do?
I wrote on Wednesday about how optimism had jumped in the wake of softer-than-expected inflation numbers out of France. Markets moved upward as investors turned their eyes towards today, when the all-...
Fed’s Bullard Says Falling Money Supply a Good Sign on Inflation
(Bloomberg) — A sharp decline in the M2 measure of the US money supply could be good news for policymakers in their efforts to bring high inflation under control, St. Louis Fed President James B...
Fed to stock market: Big rallies will only prolong painful inflation fight
It was a “don’t make me come back there” moment from the Federal Reserve. A line from the minutes of the central bank’s December policy meeting released Wednesday afternoon was taken by analysts and e...
Germany’s 2022 Inflation Rate the Worst in More Than 30 Years – Bitcoin News
In a year that was characterized by surging energy and food prices, Germany’s average inflation rate in 2022 rose to 7.9% up from the 3.1% seen in 2021. Russia’s invasion of Ukraine, as well as the su...
ADP jobs report December 2022:
The jobs market closed out 2022 on a high note, with companies adding far more positions than expected in December, payroll processing firm ADP reported Thursday. Private payrolls rose by 235,000 for ...
Where to keep your cash amid high inflation and rising interest rates
dowell | Moment | Getty Images Investors have many options when saving for short-term goals, and those choices have become more complicated amid high inflation and rising interest rates. While there h...
Fed Affirms Inflation Resolve, Pushes Back Against Rate-Cut Bets
(Bloomberg) — Federal Reserve officials last month affirmed their resolve to bring down inflation and, in an unusually blunt warning to investors, cautioned against underestimating their will to...
No rate cuts in 2023, inflation risk still to upside
No Federal Reserve officials thought it’d be appropriate to begin cutting rates in 2023, and officials worried easing financial conditions could complicate the central bank’s efforts to bring do...
Fed Minutes Hint At Optimism On Inflation, But Forecast High Rates For 2023
WASHINGTON, DC – SEPTEMBER 24: The minutes from the Fed’s December meeting acknowledged easing … [+] inflation but committed to moving rates higher. (Photo by Drew Angerer/Getty Imag...
Fed minutes December 2022:
WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from...
The Monkees Were A Big Hit In 1966-67. So Was Inflation
LOS ANGELES – AUGUST 1967: Davy Jones, Mickey Dolenz, Peter Tork and Mike Nesmith on the set of the … [+] television show The Monkees in August 1967 in Los Angeles, California. (Photo by M...
Ethereum (ETH) Inflation at Almost 5,000 ETH, But It Might Become Deflationary Again
Arman Shirinyan Second biggest cryptocurrency on market is no longer deflationary, but it could be temporary problem Ethereum should have been the first deflationary cryptocurrency on the market from ...
As 2023 Dawns, Guidance On The Technology-Neutral Tax Credit Under The Inflation Reduction Act (IRA) Is Needed
Rep. Sean Patrick Maloney (D-NY) stands silently during a press conference on the the Inflation … [+] Reduction Act at Glynwood Boat House on August 17, 2022 in Cold Spring, New York. Getty Imag...
Prices in France are falling, but will Eurozone inflation drop?
If “pandemic” was the buzzword of 2020 and 2021, then “inflation” may have taken the top spot in 2022. And if you were hoping that the topic would be confined to the annals of history as we turn the p...
Fed Minutes to Reveal Source of Inflation Angst Pushing Up Rates
(Bloomberg) — The Federal Reserve is set to shed more light on why it’s worried that strong inflation may linger as the US economy moves into the new year. Most Read from Bloomberg At the conclu...
“I’m A Believer” – The Monkees Weren’t The Only Big Hit Of 1966-67
LOS ANGELES – AUGUST 1967: Davy Jones, Mickey Dolenz, Peter Tork and Mike Nesmith on the set of the … [+] television show The Monkees in August 1967 in Los Angeles, California. (Photo by M...
US will see new ‘inflation spike’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders. After failing to budge throughout the Christmas and new year break, BTC price action ...
Crossing The Emissions Gap Between Inflation Reduction Act And 2030 NDC Is Worth 4 Million Jobs
The United States has gone all-in on climate and clean energy funding. The Inflation Reduction Act’s (IRA) $370 billion in emissions reduction funding, the CHIPS and Science Act’s $70 billion in zero-...
When’s The January CPI Report And What To Expect From It
WASHINGTON, DC – JANUARY 29: Federal Reserve Board Chairman Jerome Powell will be watching coming … [+] inflation data closely. (Photo by Samuel Corum/Getty Images) Getty Images The Consum...
Boxing Day Footfall Grows In The U.K. But Inflation Still Weighs Heavy
TOPSHOT – Customers queue outside Selfridges department store ahead of the Boxing Day sale in … [+] central London on December 26, 2018. (Photo by Niklas HALLE’N / AFP) (Photo credit...
‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’ – Economics Bitcoin News
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in...
Peter Schiff Says Get Ready For Worse Inflation, What Does This Mean For Bitcoin?
Economist Peter Schiff has been in strong opposition to bitcoin for a long time, and his stance on the digital asset has not changed over time. However, recent forecasts from the economist could actua...
Is Inflation High Compared To Years Past? Breaking Down Inflation Rates By Year
| Getty Images Key Takeaways Over the past 10 years, inflation has averaged 1.88%. 2022 showed an annual inflation rate of 8%. The U.S. experienced deflation in the 1930s and high rates of inflation i...
Opinion: It’s time to buy I-bonds again. Here are 3 ways to maximize your $10,000 inflation-fighting investment.
The once-obscure Treasury investment soared in popularity last year because of its enticing inflation-adjusted rate, which peaked at 9.62%. That leapfrogged bank deposit accounts and completely trounc...