But, once lower-than-expected August inflation numbers were released on September 11th, the market began clamoring for a 50 basis point cut, or even a 75 basis point reduction. In addition, the market wanted further reductions in November and December as well. There has also been talk that ...
This topic deserves more attention, particularly given the depressing inflation numbers just released this morning by the Bureau of Labor Statistics. Some of our friends on the left want to downplay these bad numbers. In large part, they are motivated by a desire to shield President Biden from...
The average annual cost for gas and electricity under the cap rose by £693 on 1 April to £1,971 and is currently forecast to hit almost £2,600 in total at the next adjustment, due in October. The Bank of England released updated forecasts earlier this month that inflation will t...
"Grim, and more to come," noted Ian Shepherdson, chief economist at Pantheon Macroeconomics, after the latest data were released. "The underlying story here remains a combination of supply constraints, soaring labor costs, and the reopening, though the latter is now a small part." Here are ...
Policy Matters Ohio’s State of Working Ohio report, scheduled to be released Tuesday afternoon, showed the federal COVID-19 recovery plan put Ohioans back to work at a level with prerecession numbers and gave jobseekers their pick of potential jobs. ...
the apparent lower inflation rate numbers reported today compared to the past are from changing the yardstick of measurement.'That's like moving in the baseball field fence and then declaring > from now on our home-run performance will be better....
maintains that slack in the economy will bring inflation back down again next year to a 2.5 percent rate after a bulge over the next few months.Economists expect the Fed will be closely watching the retail-sales numbers that will be released today."I think the Fed will be worried if c...
At InflationData.com, we like to take our inflation numbers straight with as slight adjustment as possible, so we only look at the non-adjusted numbers. So often, you will hear different numbers quoted in the popular media because they usually use the “Seasonally Adjusted” numbers. ...
Redfin has also released new numbers, and their numbers showan even faster rate of increasefor home prices… … it makes sense that home prices are also surging thanks to trillions in stimmy checks, near-record low mortgage rates and an exodus away from cities, and as we noted twolast mont...
The reason for inflation's stubborn hold on food prices can be linked to a number of issues, from higher labor costs at manufacturers that trickle down to consumers, torecord-low cattle numbersthat are driving up the cost of beef and steak. ...