Inflation
Investors are cautious ahead of key US inflation data. Relations between the US and China are deteriorating again :: beragampengetahuan – Beragampengetahuan
By JustMarkets At yesterday’s stock market close, the Dow Jones Index (US30) decreased by 0.54%, while the S&P 500 Index (US500) was down by 0.70%. The NASDAQ Technology Index (US100) closed negative by 1.17% on Wednesday. Shares of chip and semiconductor companies declined, dragging down the tech sector. Investors remain wary of making bullish bets on tech companies ahead of […]
Inflation Or Nominal GDP Targeting? Whatever. — Brian Romanchuk ~ Mike Norman Economics – Beragampengetahuan
Inflation Or Nominal GDP Targeting? Whatever. — Brian Romanchuk ~ Mike Norman Economics Inflation Or Nominal GDP Targeting? Whatever. — Brian Romanchuk Nominal GDP targeting is the latest mainstream fad, which is allegedly going to improve central banking when compared to inflation targeting. In a certain sense, I have some sympathies. If a central bank […]
The Fed Hits 3,000 Percent Inflation – Beragampengetahuan
The US economy was pushed to extremes during the pandemic recession and subsequent recovery. The unemployment rate peaked at 14.7 percent, the highest in the post-World War II period. Inflation reached its highest rate in 40 years, prompting the Fed to raise short-term interest rates to their highest levels since 2007. As of June, the […]
What's behind Korea's relatively low inflation amid global surge? – Beragampengetahuan
Korea’s consumer prices rose by 2.3 percent in July, easing to a 25-month low. Given that major economies are still facing continuous price increases, Korea’s low rate of inflation stands out as an exception. Market watchers believe that the government’s indirect intervention in private sector prices explains this difference. Berita Terkini Ekonomi Korea Selatan berita […]
Week Ahead – BoE to keep hiking, US jobs and eurozone inflation eyed – Beragampengetahuan
US With inflation steadily cooling, the Fed’s historic tightening campaign appears to be ending. The focus on Wall Street won’t just be inflation but now also economic activity. The upcoming week will be filled with several economic readings. On Monday, we will see two Fed regional surveys. The MNI Chicago PMI is expected to slightly […]
Gold Price Rallied on Lower Australian Inflation, Eyes on FOMC – Beragampengetahuan
The FOMC should shake the markets today. Tomorrow, the ECB and the US data should bring more action. The false breakdowns below the median line (ml) announced that the sell-off had ended. The gold price rallied in the short term, trading around $1,971 at the time of writing. After its last downside movement, a corrective […]
Australia’s inflation rate continues to fall despite RBA inflationary rate hikes – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Today (July 26, 2023), the Australian Bureau of Statistics released the latest – Consumer Price Index, Australia – for the June-quarter 2023. It showed that the CPI rose 0.8 per cent in the quarter (down 0.6 points) and over the 12 months by 6.1 per cent (down 0.9 points). The annual inflation rate in Australia […]
Inflation has probably peaked in Australia – yes, it was a transient episode – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Given yesterday’s extensive National Accounts analysis replaced my usual Wednesday blog post, I am using today to discuss a range of issues and provide a musical interlude into your lives for peace. Yesterday’s bad National Accounts data release took the headlines away from another data release from the ABS yesterday – the monthly CPI data […]