Gold prices took a beating Tuesday, plunging nearly 2% and marking the yellow metal’s worst day of the year.
So far the ECB has not responded to the disinflationary risks building in the euro area. Some Governing Council members dismissed the calls for action from numerous economists, referring to the analysts’ reports as the “Anglo-Saxon” irrational fea…
In his recent State of the Union Address, President Obama unveiled something new: a retirement savings account to “help” Americans build a nest egg, coining it the “MyRA.”
Inflation measures provide key data points for the Fed in deciding on the timing and the magnitude of taper. Last week’s PPI and today’s CPI numbers continue to show a fairly benign inflation environment.Source: EconodayHowever CPI and similar measures…
Fed-watchers are pretty sure they know what the word on a Fed taper will be when the official announcement comes following the Federal Open Market Committee (FOMC) meeting today and tomorrow (Wednesday)…
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. The scatter plot below compares UMichigan consumer inflation…
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. The cost of primary residence rentals has risen…
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. Some FOMC members continue to focus on the…
On August 2, the Bureau of Labor Statistics will report the official unemployment rate. But this number doesn’t tell the accurate story of the jobs picture here in the United States.
Emerging economies have always run higher inflation rates than developed markets (DM) due to stronger growth. The spread in inflation rates has generally been steady, running roughly 2-3 percentage points. Recently however the spread has blown out to o…
