hike

Japan will be forced to hike again. Hedge funds cautious after #BOJ steamroll; slower $JPY weakening weakens jawboning impact. Japan’s economy defies every rule in the book

Japan will be forced to hike again. pic.twitter.com/OZoNx4M9IK — Don Johnson (@DonMiami3) December 26, 2024 Translation : Urgent need for rate hikes. https://t.co/jAWawyZ51o — The Great Martis (@great_martis) December 27, 2024 📊💴 Tokyo inflation accelerates, fueling rate hike expectations Tickers of interest: $JPY $NKY Full Story → https://t.co/kAUGf8Jhz6 pic.twitter.com/4nSjl8TVHp — PiQ (@PiQSuite) December 26, 2024 …

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NYC MTA approves a 2025 fare hike in final budget.

The MTA is putting ink to paper its final budget for 2025, and next year could cost riders more to take the rails. The $20 billion budget includes a summer fare hike, and that’s on top of congestion pricing that is set to begin just after the start of the new year. NBC New York’s …

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The US economy is cooling quicker than most analysts think. The Fed will be as late in starting to cut as it was too late in starting to hike.

Alas, looks like the US economy is cooling quicker than most analysts think. The Bloomberg US Economic Surprise Index has dropped to a 9-year low. pic.twitter.com/bnVdCfKfGj — David Ingles (@DavidInglesTV) July 4, 2024 🇺🇸 Although FOMC minutes included some saying rates "might need to be raised", our old Fed model continues to point to a …

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Record exodus: Super-rich Norwegians flee to low-tax countries after 1.1% wealth tax hike.

In 2022, Norway witnessed a significant exodus of its super-rich citizens More than 30 Norwegian billionaires and multimillionaires decided to relocate to low-tax countries, particularly Switzerland. This departure exceeded the total number of super-rich individuals who left the country during the previous 13 years combined. The primary reason behind this trend was the increase in wealth taxes implemented by the center-left …

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Citigroup predicts gold at $3,000/oz; JP Morgan forecasts $2,500. UBS warns of 6.5% Fed rate hike.

Citigroup and JP Morgan forecast significant gains for gold, with projections reaching $3,000 and $2,500 per ounce respectively within the next year. Meanwhile, UBS warns of a potential 6.5% Fed rate hike amid persistent inflation, triggering concerns of a selloff in both bond and stock markets. As cocoa prices hit record highs, surpassing $10,500 per …

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Why not vote him out? Quebec farmers escalate protests over Trudeau’s 23% carbon tax hike, risking livelihoods.

The farmer protests are reaching Canada, particularly in Quebec, where protests are gaining momentum in recent days in the face of the crisis in the sector. Justin Trudeau is putting a 23% carbon tax hike on farmers and it's killing their livelihoods. 🔥🔥🔥 pic.twitter.com/F8oH30WgtQ — Wall Street Mav (@WallStreetMav) April 6, 2024 WARNING: Canadian bankruptcy …

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California’s Minimum Wage Hike: Corruption in Full Display as Governor’s Pal’s Panera Excluded from Wage Regulations!

This is blatant corruption! The California minimum wage increase conveniently spares Panera, owned by a buddy of Governor Gavin Newsom. The bill’s provision exempting fast-food joints baking bread on-site seems like a tailored loophole to benefit Newsom’s pal, Panera’s CEO Greg Flynn. This corrupt relationship between Newsom and Flynn raises serious ethical concerns and undermines …

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The Federal Reserve’s rapid rate hike, soaring from 0% to 5.33% in 18 months, could cause a severe economic slowdown.

I always find this chart staggering to look at. We've never seen the Federal Reserve slow the economy this violently before. Rates went from 0% to 5.33% within 18 months. That's unheard of. https://t.co/KoQ4CsPV0H pic.twitter.com/2vldAWuGei — Financelot (@FinanceLancelot) December 23, 2023 Don't believe that data. If inflation is 10% but official numbers say 5%, then …

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LOL! UAW Union Rejects 21% Pay Hike, Demands 4 Day Work Week. A 32-hour workweek for 40 hours of pay, plus overtime. Sure. Why not?

Our car companies stopped being private enterprises during the Obama administration. These days they’re burning through billions of dollars following the government plan for replacing cars with EVs. The UAW is in the driver’s seat because it elects the politicians who give car companies their marching orders. After turning down a mere 21% pay hike, …

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UAW Declares War on Corporations, Seeks 46 Percent Wage Hike, September Strike Looms

via Mike Shedlock: The United Auto Workers (UAW) contract with GM, Ford, and Stellantis will expire on September 14. The UAW demands are outright ludicrous. A strike appears likely. UAW Demands 32-hour workweek 46 percent pay raise over 4 years Right to strike over plant closures Increased retiree benefits Defined pension plan for all workers …

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Pre-FOMC silent period with 96% chance of July rate hike, peak earnings, and lowest liquidity. This impending global asset meltdown and attendant bailout failure is now at level ’11’ biblical risk.

That's the week. We have now entered the pre-FOMC silent period. 96% probability of July rate hike. Peak earnings. Lowest liquidity period of the entire year. Nothing can go wrong now. pic.twitter.com/TEXdXB3q2w — Mac10 (@SuburbanDrone) July 14, 2023 Anyone who buys this chasmic gap between the wealthy and everyone else deserves what's coming. This impending …

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Inflation Alert! The Reserve Bank of New Zealand’s Monetary Policy Review July: The Official Cash Rate (OCR) held at 5.5%. Employment above sustainable level, Consumer spending slows. Could this be the start of other central banks pausing this time as the Fed take the lead with the July rate hike?

by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to remain at this level for a while to ensure inflation returns to the target range …

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Bank of Canada minutes on immediate rate hike: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.”

by Dismal-Jellyfish Source: https://www.bankofcanada.ca/2023/06/summary-governing-council-deliberations-fixed-announcement-date-june-7-2023/ Highlights: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.” Growth of gross domestic product (GDP) in the first quarter was …

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