What are the different types of inflation? Which economic forces impact each type? In this graphic, we chart each over modern history.
— Read on advisor.visualcapitalist.com/three-different-types-of-inflation/
Tag: Inflation
Inflation could hit 9% — and prices increases would have been ‘partially avoidable’ if the Fed had acted sooner, top economist Mohamed El-Erian says
US inflation surged to a 41-year-high of 8.6% in the year through May, according to data the Bureau of Labor Statistics released on Friday.
— Read on ca.finance.yahoo.com/news/inflation-could-hit-9-prices-074710954.html
How does inflation impact your savings? The “rule of 72” may help
The rule of 72 is often used by investors to gauge how quickly their money will double. With inflation, it loosely estimates how fast money will halve.
— Read on www.cnbc.com/2022/06/10/how-does-inflation-impact-your-savings-the-rule-of-72-may-help.html
Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10% – MarketWatch
There’s a risk that U.S. price gains could take much longer than expected to fall, BofA Securities strategists said Thursday.
— Read on www.marketwatch.com/story/investors-may-be-in-for-this-rude-surprise-history-shows-inflation-can-take-years-to-return-to-normal-even-when-fed-hikes-above-10-11654192355
Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes
Fed Vice Chair Lael Brainard said it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon.
— Read on www.cnbc.com/2022/06/02/fed-vice-chair-lael-brainard-says-its-hard-to-see-the-case-for-the-fed-pausing-rate-hikes-.html
Yellen Says ‘I Was Wrong’ Last Year on the Path of US Inflation – Bloomberg
Treasury Secretary Janet Yellen gave her most direct admission yet that she made an incorrect call last year in predicting that elevated inflation wouldn’t pose a continuing problem.
— Read on www.bloomberg.com/news/articles/2022-05-31/yellen-says-i-was-wrong-last-year-on-the-path-of-us-inflation
Inflation hits record high of 7.5% in countries using euro
BRUSSELS (AP) — Inflation hit a record in April for the 19 countries that use the euro as skyrocketing fuel prices boosted by the war in Ukraine weigh on the region’s economic recovery from the coronavirus pandemic. Annual inflation reached 7.5% for the month, topping the old record of 7.4% from March, statistics agency Eurostat said Friday. The April figure was the sixth consecutive record reported for the eurozone. Eurostat said energy prices jumped 38%, an indication of how Russia’s invasion
— Read on ca.finance.yahoo.com/news/inflation-hits-record-high-7-090715821.html
Canadian inflation blows past expectations, spiking to 6.7% – BNN Bloomberg
Canadian inflation blows past expectations, spiking to 6.7% – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canadian-inflation-blows-past-expectations-spiking-to-6-7-1.1754297
Inflation is now running hot in 80% of Canada’s price categories – BNN Bloomberg
Inflation is now running hot in 80% of Canada’s price categories – BNN Bloomberg
— Read on www.bnnbloomberg.ca/inflation-is-now-running-hot-in-80-of-canada-s-price-categories-1.1724393
Inflation hits 5.1%, highest since September 1991 – BNN Bloomberg
Inflation hits 5.1%, highest since September 1991 – BNN Bloomberg
— Read on www.bnnbloomberg.ca/inflation-hits-5-1-highest-since-september-1991-1.1724187