Tag: Inflation

Treasury Traders Are Betting Omicron Will Add to Inflation Spike

(Bloomberg) — Treasury traders are betting the rapid spread of the omicron variant will increase inflationary pressures in the U.S. economy, rather than weaken them.Most Read from BloombergOmicron Cases Are Hitting Highs, But New Data Put End in SightPolice Pinpoint Starting Point of Historic Colorado WildfireU.S. Sets Global Daily Record of Over 1 Million Virus CasesIvanka Trump, Donald Trump Jr. Subpoenaed in Asset ProbeU.S. Catches Kremlin Insider Who May Have Secrets of 2016 HackU.S. 10-yea
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Central Banks Bet Economies Tolerate Omicron, Not Inflation

(Bloomberg) — Leading central banks made a big call this week, deciding that the coronavirus is no longer calling the shots in their economies, and inflation is now the bigger threat. Most Read from BloombergAcross the U.S., School Shooting Threats on TikTok Prompt Closures and More PoliceDemocrats Drop Year-End Push on Biden Economic Plan Amid DiscordMelania Trump Is Releasing an NFT That Will Cost 1 SOL EachChinese Spies Accused of Using Huawei in Secret Australia Telecom HackNYC Sees Offices
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Ray Dalio warns Fed’s hands are tied and higher U.S. inflation is sticking around. Democracy, maybe not. – MarketWatch

Founder of the world’s largest hedge fund tells investors to avoid holding cash and keep an ‘all-weather’ portfolio — just in case.
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Inflation Is Starting to Chip Away at the World’s Debt Burdens

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveHigh inflation rates aren’t bad news for everyone. They can be helpful for debtors — which in today’s world economy means almost everybody.In the second quarter of this year, measures of househ
— Read on ca.finance.yahoo.com/news/inflation-starting-chip-away-world-070000600.html

ECB Forecasts Show Inflation Below 2% Goal After Next Year

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseCan Indoor Farms Reach Skyscraper Height?China Is Building the World’s Largest National Park SystemBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalThe European Central Bank’s new projections show inflation below the 2% target in both 2023 and 2024, according to officials famili
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UK inflation hits decade high ahead of central bank meeting

LONDON (AP) — Consumer prices in the United Kingdom are rising at their highest rate in over a decade as a result of soaring energy costs and blockages in the supply chain, official figures showed Wednesday, a day before a highly anticipated interest rate decision from the Bank of England. The Office for National Statistics found that inflation rose by 5.1% in the year to November, up dramatically from October’s 4.2% with widespread surging prices across a raft of goods and services, including f
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U.K. Inflation Tops 5%, Fastest in a Decade

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseCan Indoor Farms Reach Skyscraper Height?China Is Building the World’s Largest National Park SystemBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalU.K. inflation surged to its highest level in more than a decade in November, exceeding 5% months before the Bank of England had ex
— Read on ca.finance.yahoo.com/news/u-k-inflation-tops-5-072823022.html

Twenty Central Banks Hold Meetings as Inflation Forces Split

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseAnatomy of a Bad RoadChina Is Building the World’s Largest National Park SystemBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalThe 15 Best Beers We Drank This YearThe world’s top central banks are diverging, as some turn to tackling surging inflation while others keep stoking d
— Read on ca.finance.yahoo.com/news/twenty-central-banks-hold-meetings-220000824.html