Inflation
Australian inflation rate falls sharply as supply pressures ease – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Today’s post is a complement to my post on earlier this week – So-called ‘Team Transitory’ declared victors (January 8, 2024). Yesterday (January 10, 2024), the Australian Bureau of Statistics published the latest – Monthly Consumer Price Index Indicator – for November 2023, which showed another sharp drop in inflation. The data are the closest […]
The Nikkei 225 has hit a 34-year high. Rising inflation in the US may push back the US Fed’s plans to cut rates in the spring :: beragampengetahuan – Beragampengetahuan
By JustMarkets At yesterday’s stock market close, the Dow Jones Index (US30) was up by 0.45%, while the S&P 500 (US500) added 0.57% on Wednesday. The NASDAQ Technology Index (US100) closed positive by 0.75%. Today, the US will release its monthly consumer price index (CPI) report. The overall CPI is expected to rise from 3.1% to 3.2% year-over-year. At the same time, core […]
The SA suburbs where investment performance was higher than interest rates and inflation – Beragampengetahuan
Adelaide has one of the tightest rental markets across Australia, making it a hotspot for potential investors. Picture: supplied. A “peaceful” riverside community and two well-serviced inner-city suburbs are among some of the best spots to park your property investment dollars in Adelaide, new data shows. According to PropTrack, units in New Port, Enfield and […]
Dollar slips to 5-month low as US inflation cools By Reuters – Beragampengetahuan
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Saqib Iqbal Ahmed NEW YORK (Reuters) -The edged down on Friday, hitting a near five-month low as data showed annual U.S. inflation slowed further below 3% in November, cementing market expectations for a U.S. interest rate […]
beragampengetahuan Americas FX news wrap 22 Dec: US PCE/Core PCE show lower trend in inflation – Beragampengetahuan
The year is working to an end, but before markets slow to a trickle next week, there was one more key economic release today. The headline and core PCE data – the favored inflation quide for the Fed – was released at 8:30 AM ET, and it showed a lower than expected gain of 0.1% […]
All Eyes on US Inflation, Setups on EUR/USD, USD/JPY, GBP/USD – Beragampengetahuan
USD OUTLOOK – PRICE ACTION SETUPS ON EUR/USD, USD/JPY, GBP/USD Higher volatility could be on the menu for the U.S. dollar this week, courtesy of several risk events on the economic calendar The November U.S. inflation report will steal the limelight on Tuesday This article examines the technical outlook for EUR/USD, USD/JPY and GBP/USD, discussing […]
The Inflation Surge Forecasted (Or Not) – Beragampengetahuan
Time for a retrospective on how the various surveys are doing on forecasting year-on-year CPI inflation. Figure 1: Actual CPI y/y inflation (bold black), U.Michigan survey (tan), NY Fed survey (blue), and Survey of Professional Forecasters (green +), all in %. November CPI is Cleveland Fed nowcast of 12/8. December U.Michigan observation is preliminary. NBER […]
Food price inflation in UK over a very long run: From 1086 onwards – Beragampengetahuan
Bank of England Governor Andrew Bailey discusses evolution of UK food inflation from 1086 onwards: In the United Kingdom we are lucky that the data allow us to take a very long perspective. Chart 2 shows a consumer price index (in orange) derived rom the Bank’s dataset containing ‘A millennium of macroeconomic data’. The index […]
Elon Musk Once Again Hails X As ‘The Best Source Of Truth’ After Biden Gets Community Noted Over Inflation Claims – Beragampengetahuan
Since re-launching Community Notes, formerly known as Birdwatch, Elon Musk has been time and again praising the feature, implying that it makes his social media platform X the “best source of truth.” His latest praise for the same came when the feature flagged a post by President Joe Biden about inflation and the economy. What Happened: Over the weekend, DogeDesigner, a graphic designer at Dogecoin DOGE/USD, took to […]
Lower inflation, hidden gig work and endless shrimp : The Indicator from Planet Money : beragampengetahuan – Beragampengetahuan
Justin Sullivan/Getty Images Justin Sullivan/Getty Images On the latest edition of Indicators of the week, inflation in the U.S. and Europe is slowing down. Plus, a new report from the Federal Reserve Bank of Boston highlights the number of gig workers typical employment counts miss. And finally … Red Lobster, endless shrimp and loss leaders. […]