Category: consumer price index (CPI)

Why US Citizens Should Not Accept 3 Percent Inflation

Commentary The recent University of Michigan survey’s reading of one-year inflation expectations rose to 3.4 percent in July from 3.3 percent in June. The five-year outlook also increased to 3.1 percent from 3.0 percent in the previous month. There is a mainstream narrative that is spreading throughout the financial media: We must accept 3 percent…


Inflation Closing In on Fed’s Target: Analyst

U.S. consumer prices saw their smallest increase on a yearly basis in more than two years in June. The headline CPI reported on Wednesday showed that inflation is subsiding. The considerable slowdown in underlying inflation sparked a rally in the stock and bond markets. Some investors are convinced the U.S. central bank’s fastest monetary policy…


Questioning Inflation Figures as US Consumer Price Index Drops to 4.9%

Commentary Numbers recently released indicate that the Consumer Price Index (CPI), the most commonly used indicator of inflationary pressures, fell to a one-year annualized rate of 4.9 percent in the United States. The Biden administration heralded this as a major triumph as Twitter shills sang the praises of the Democrats’ economic stewardship. (In Canada, the…


After Reaching Record Levels, Egg Prices Drop Steeply in March as Price Gouging Allegations Linger

After soaring to record-high costs over the winter, egg prices declined at the highest rate in 36 years in March, according to Consumer Price Index data released by the U.S. Department of Labor (USDA) on April 12. Prices for eggs decreased by 11 percent for the month along with drops in prices for some meat,…


LIVE NOW: NTD Business (April 12): Biden EPA Proposes Strictest Emission Rules Ever; Annual Inflation Falls to 5 Percent

Consumer inflation seems to be cooling; annual inflation fell to its lowest rate since May 2021. What prices came down? The Fed projects a “mild recession” starting later this year in light of bank collapses. What does it mean for interest rates? Twitter chief Elon Musk talks to a BBC reporter. How’d it go, and…


NTD Business (April 12): Biden EPA Proposes Strictest Emission Rules Ever; Annual Inflation Falls to 5 Percent

Consumer inflation seems to be cooling; annual inflation fell to its lowest rate since May 2021. What prices came down? The Fed projects a “mild recession” starting later this year in light of bank collapses. What does it mean for interest rates? Twitter chief Elon Musk talks to a BBC reporter. How’d it go, and…


LIVE 5 PM ET: NTD Business (March 14): Meta to Lay Off 10K More Workers; DOJ, SEC Investigating SVB Financial Group: Report

U.S. agencies are reportedly investigating the collapse of Silicon Valley Bank—including stock sales days before the bank failed. We take a deep dive on how the bank’s fall is affecting the startup community. Meta plans another enormous round of layoffs. How many jobs did it cut this time? Inflation slowed down slightly last month after…


LIVE 5 PM ET: NTD Business (March 14): Meta to Lay Off 10,000 More Workers; DOJ, SEC Investigating SVB Financial Group: Report

U.S. agencies are reportedly investigating the collapse of Silicon Valley Bank—including stock sales days before the bank failed. We take a deep dive on how the bank’s fall is affecting the startup community. Meta plans another enormous round of layoffs. How many jobs did it cut this time? Inflation slowed down slightly last month after…


NTD Business (March 14): DOJ, SEC Investigating SVB Financial Group: Report; Meta to Lay Off 10,000 More Workers

U.S. agencies are reportedly investigating the collapse of Silicon Valley Bank—including stock sales days before the bank failed. We take a deep dive on how the bank’s fall is affecting the startup community. Meta plans another enormous round of layoffs. How many jobs did it cut this time? Inflation slowed down slightly last month after…


Double Digit Rise in Electricity Prices to Continue in 2023

Commentary There have been many sighs of relief exhaled across the United States in recent days as inflation continues to slow. New data shows that Consumer Price Index (CPI) inflation has declined for the sixth month in a row, down from 9.1 percent in June 2022 to 6.5 percent in December 2022. This is all…