“The ETI rose again in November, marking consecutive monthly gains for the first time in 2024. The increases in October and November add up to the largest two-month increase in the ETI since the torrid period of job gains in 2022 coming out of the pandemic...
However, if other commodities exhibit similar strength, bullish bets on assets like oil, gasoline, food, lumber, etc. could increase inflation in the months ahead. Moreover, lower interest rates increase American’s disposable income, which could boost consumption during the summer months when econo...
While inflation usually urges central banks to increase interest rates, this is not always what follows high inflation. Increasing interest rates is bad for the economy, and therefore, central banks avoid such practice unless they have no other option left. Increased interest rate means that loans ...