Gold prices took a beating Tuesday, plunging nearly 2% and marking the yellow metal’s worst day of the year.
Money Morning
Why Gold Prices Are Down Today
by Diane Alter • • 0 Comments
Tag Archive for Cpi
Taken Down
ECB still ignoring the disinflationary trend – Sober Look
by Sober Look • • 0 Comments
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…
Money Morning, Must Read
Prepare Now for When the New MyRA Becomes “TheirRA” – Money Morning
by Peter Krauth • • 0 Comments
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.”
Contributors- Economic and Financial, Must Read, Taken Down
Inflation measures point to Bullard’s "small taper" – Sober Look
by Sober Look • • 0 Comments
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…
Money Morning, Must Read
FOMC Meeting Today: Why the Fed Won’t Taper – Money Morning
by David Zeiler • • 0 Comments
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)…
Contributors- Economic and Financial, Must Read, Taken Down
Consumers’ view of inflation diverges further from market-implied CPI – Sober Look
by Sober Look • • 0 Comments
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 expectations to the 2yr market-implied inflation expectations from the Cleveland Fed (the 2-year TIPS are sufficiently liquid to prove a useful measure of short-term inflation expectations from the market.) The…
Contributors- Economic and Financial, Must Read, Taken Down
Rents rising faster than inflation; could hurt seniors – Sober Look
by Sober Look • • 0 Comments
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 by 3% on a year-over-year basis last month. That’s roughly double the headline CPI increase from a year ago. The culprit is some combination of higher rates, a cultural shift…
Contributors- Economic and Financial, Must Read, Taken Down
FOMC members fret over deflation risks – Sober Look
by Sober Look • • 0 Comments
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 historically low inflation levels in the US (see post). They are worried about repeating the Japan experience of being stuck in a deflationary regime for years. They want to see…
Money Morning, Must Read
The Four Most Rigged Economic Indicators – Money Morning
by Garrett Baldwin • • 0 Comments
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.
Contributors- Economic and Financial, Must Read, Taken Down
EM-DM inflation rate divergence hits post-recession high- Sober Look
by Sober Look • • 0 Comments
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…
