Wall Street expects the the CPI to reflect a 0.7% gain for the month, which would translate into a 6.7% increase from a year ago
— Read on www.cnbc.com/2021/12/09/investors-brace-for-the-highest-inflation-reading-in-nearly-40-years.html
Tag: Inflation
Companies Warren Buffett says you should invest in during times of inflation – MarketWatch
On Friday, Federal Reserve Chair Jerome Powell noted that he had concerns about higher inflation.
— Read on www.marketwatch.com/picks/these-are-the-types-of-companies-warren-buffett-says-you-should-invest-in-during-times-of-inflation-01633548517
Inside the Federal Reserve’s fight to control inflation
In 2021, inflation rose at a rate not seen in more than three decades. Congress gave the Federal Reserve a mandate to maintain stable prices. The bank, with its power to lend and set interest rates, is getting a test in the form of a snarled supply chain and a world continuing to recover from the Covid pandemic. As a result, economists across the spectrum wonder if the Fed can control this bout of price spikes.
— Read on www.cnbc.com/video/2021/12/07/inside-the-federal-reserves-fight-to-control-inflation.html
Inflation euro zone November 2021
The euro zone’s inflation rate has risen to a record high in November, preliminary data showed Tuesday, prompting further questions about what the European Central Bank will do next with its monetary policy.
— Read on www.cnbc.com/2021/11/30/inflation-euro-zone-november-2021.html
Omicron poses new inflation headache for central bankers – BNN Bloomberg
Omicron poses new inflation headache for central bankers – BNN Bloomberg
— Read on www.bnnbloomberg.ca/omicron-poses-new-inflation-headache-for-central-bankers-1.1688657
‘No question’ homebuyers racing to beat rate hikes: CIBC’s Tal – BNN Bloomberg
‘No question’ homebuyers racing to beat rate hikes: CIBC’s Tal – BNN Bloomberg
— Read on www.bnnbloomberg.ca/no-question-homebuyers-racing-to-beat-rate-hikes-cibc-s-tal-1.1685769
Ignore ‘hysterical people’ — inflation is not here to stay, economist says
Inflation is confined to certain sectors and will not pose a threat to the recovery, according to Carl Weinberg, chief economist at High Frequency Economics.
— Read on www.cnbc.com/2021/11/17/ignore-hysterical-people-inflation-is-not-here-to-stay-economist-says.html
‘Hot’ inflation and employment fears require a balanced Fed approach
Andrew Levin, former special adviser to the Fed Reserve Board and a professor of economics at Dartmouth College, talks the Fed’s next move after a Yahoo! Finance exclusive with Richmond Fed President Tom Barkin.
— Read on ca.finance.yahoo.com/video/hot-inflation-employment-fears-require-230857761.html
U.S. 30-Year Yield Surges After Poor Auction in Wake of CPI
(Bloomberg) — Global bond yields are surging after a bigger-than-expected jump in U.S. inflation revived concerns that central banks will be forced to start raising interest rates sooner than traders anticipate.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisDo Prisons Deserve a Second Chance?Greece’s Popular Islands Are Crowded — With PlasticTreasuries tumbled Wednesday in an abrupt reversal for the world’s bi
— Read on ca.finance.yahoo.com/news/u-30-yield-surges-poor-185714387.html
Good luck escaping inflation — the biggest contributors to the 31-year high include rent, fuel and groceries – MarketWatch
The Consumer Price Index rose by 0.9% last month stemming from broad-based price increases.
— Read on www.marketwatch.com/story/good-luck-escaping-inflation-the-biggest-contributors-to-the-30-year-high-include-rent-fuel-and-groceries-11636567591