Commentary Can the press stop saying that inflation is “easing” please? It’s getting ridiculous. The Consumer Price Index came in at 7.1 percent from a year ago. That’s terrible. Yes, not as terrible as last month but look at the breakdown in detail. Food at home was up 10 percent and food at restaurants up…
How and When Will This Inflation End?
December 13, 2022
admin
AnalysisBusiness & MarketsBusiness Columnistsconsumer price indexCPIFederal ReserveinflationOpinionrecessionU.S. economy
0 Comment
Cost of Candy Soars by Record 13.1 Percent Before Halloween
October 14, 2022
admin
Business & MarketscandychocolateCompaniesconsumer price indexeconomyGold and CommoditiesHalloweeninflationMarketspersonal financerecessionUS
0 Comment
Candy prices in the United States are soaring right before Halloween due to rising inflation. American consumers are expected to spend a record $10.14 billion on Halloween this year, up from $8.05 billion in 2021, according to the National Retail Federation. Trick-or-treating and Halloween parties are making a comeback after the pandemic curtailed such festivities….
$1 at Start of Biden’s Term Now Worth 88 Cents as Inflation ‘Crushing’ Americans: Sen. Ron Johnson
September 20, 2022
admin
Business & Marketsconsumer price indexeconomic policieseconomyExecutive BranchinflationInflation Reduction ActJoe BidenPolicies & ImpactsPoliticsUSUS News
0 Comment
Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans’ purchasing power, pointing out in stark terms that $1 at the start of the Biden administration was now effectively worth just 88.3 cents. Johnson, who’s been a repeated vocal critic of President Joe Biden’s handling of the economy and…
$1 at Start of Biden’s Term Now Worth 88 Cents as Inflation ‘Crushing’ Americans: Sen. Johnson
September 20, 2022
admin
Business & Marketsconsumer price indexeconomic policieseconomyExecutive BranchinflationInflation Reduction ActJoe BidenPolicies & ImpactsPoliticsUSUS News
0 Comment
Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans’ purchasing power, pointing out in stark terms that $1 at the start of the Biden administration is now effectively worth just 88.3 cents. Johnson, who’s been a repeated vocal critic of President Joe Biden’s handling of the economy and…
Here’s What Surprised the Markets in the Latest Inflation Report
The August Consumer Price Index (CPI) report shocked the markets, as the leading benchmark indexes cratered following the inflation data. Last month, the annual inflation rate slowed to 8.3 percent, down from 8.5 percent in July. The market had anticipated a rate of 8.1 percent. Recent data from the Bureau of Labor Statistics (BLS) revealed…
No One Is Winning, Especially Not Americans
September 15, 2022
admin
Bureau of Labor StatisticsBusiness & MarketsBusiness Columnistsconsumer price indexgas pricesinflationMarketsOpinionrecessionViewpoints
0 Comment
Commentary Because everything nowadays is, it seems, little more than a game of partisan football, whatever one side does, the other reflexively denounces it before giving it a second thought. Common sense is cast aside in the almost all-out war of narratives, a fact proven repeatedly during the pandemic. Now as that debacle finally fades…
Inflation Peaks During Recessions
September 8, 2022
admin
Business & MarketsBusiness Columnistsconsumer price indexeconomyFederal ReserveinflationOpinionquantitative tighteningrecessionUSViewpoints
0 Comment
Commentary People tend to hear what they want to hear and believe what they need to believe. In no place is this more true than on Wall Street. The Federal Reserve has made abundantly clear that it will tighten monetary policy until inflation is virtually vanquished. And yet, those who have no choice but to…
Fed Is ‘Far, Far Away’ From Declaring Win on Inflation Despite White House Victory Lap: Kashkari
August 11, 2022
admin
Business & Marketsconsumer price indexeconomic policieseconomyExecutive BranchFedinflationPoliticsUSUS News
0 Comment
The president of the Federal Reserve Bank of Minneapolis has said that the Central Bank is “far, far away from declaring victory” on inflation, despite the Biden administration praising “zero percent” inflation in July, which prompted some confusion. Neel Kashkari told Reuters on Aug. 10 that he believes the U.S. central bank will need to raise its policy…
The Great Squeeze in Profit Margins
July 14, 2022
admin
AnalysisBusiness & MarketsBusiness Columnistsconsumer price indexCPIinflationOpinionPPIproducer price indexprofit marginsprofitabilityU.S. economy
0 Comment
Commentary It’s beyond me why the Consumer Price Index (CPI) garners so much attention from the press, but the statistical release the following day barely makes a dent in the news cycle. That is the Producer Price Index (PPI). In many ways, the PPI is more important because it forecasts the plight of the consuming…
CPI Wednesday Delivered Very Bad News
July 13, 2022
admin
AnalysisBusiness & MarketsBusiness Columnistsconsumer price indexconsumer pricesCPIinflationOpinionproducer pricesrecessionU.S. economy
0 Comment
Commentary Yesterday afternoon, the financial markets were roiled by an early release of the Consumer Price Index that turned out to be a fake. It looked real and markets were flooded with sellers because the number came in at 10.2 percent year over year. That would imply more extreme efforts by the Fed to crack…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`