inflation

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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Core Inflation Cools To 4.8% In June >2x Target, REAL Wage Growth Finally Goes Positive (1.2% YoY) While RENT Inflation Still Roaring At 8% YoY (Taylor Rule Now Implies A Fed Target Rate Of 10.42%)

by confoundedinterest17 As M2 Money growth has stalled, we are seeing inflation cool a bit. Core inflation YoY is now down to 4.8% (still >2x Fed target). The good news? REAL average hourly earnings YoY is finally positive for the second time under Bidenomics. It is now 1.2% YoY. Too bad rent CPI, typically the …

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CPI cools a bit but Fed still faces persistent sticky inflation at 1982 levels.

CPI 0.2% M/M, Exp. 0.3%CPI Core 0.2% M/M, Exp. 0.3% CPI 3.0% Y/Y, Exp. 3.1%, CPI Core 4.8% Y/Y, Exp. 5.0% — zerohedge (@zerohedge) July 12, 2023 The Fed’s inflation job is not done yet Despite headline inflation trending lower, sticky inflation is still at levels last seen in 1982 pic.twitter.com/Hk51pNGs2B — Bravos Research (@bravosresearch) …

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2% inflation destroys 55% money value in 40 years.

So many think 2% inflation is fine. Here's what I'd love everyone to understand… In a 40 year working life:2% inflation destroys 55% of the value of your money.4% is 79% loss6% is 90% destruction THEFT! — Gary Brode (@Gary_Brode) July 11, 2023 Headline CPI set to tumble to 3.1% Y/Y in June from 4.0%, …

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With the US govt running deficits over $2 trillion and a recession coming, we are going to $15 trillion to $20 trillion in a few years; ‘Japanification’ is coming to the West…fiscal dominance means monetary inflation!

“Back in 2017 when the Fed Balance sheet was $4.5 trillion … this was their forecast going forward, shrinking the balance sheet to $2 trillion by 2022. Instead we are at $8.3 trillion today. With the US govt running deficits over $2 trillion and a recession coming, we are going to $15 trillion to $20 …

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IMF worries inflation can’t be stopped… Dallas Fed President Logan expresses concern about sustainable inflation return… US could face a severe recession beyond Powell’s forecast.

IMF worries inflation can't be stopped pic.twitter.com/TE6PwuvYFj — Peter St Onge, Ph.D. (@profstonge) July 6, 2023 Dallas Fed President Lorie Logan gets right to the point in her speech: “I remain very concerned about whether inflation will return to target in a sustainable and timely way. And I think more-restrictive monetary policy will be needed …

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Crazy spending causes inflation issues.

The Biden Admin Is Scrambling To Spend $27 Billion ‘Slush Fund’ Before Congress Claws It Back President Joe Biden’s Environmental Protection Agency (EPA) is making plans to rapidly invest billions of dollars in green energy and technology projects before the money must be returned to Congress in just over a year, The Washington Post reported …

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Inflation not falling as headlines suggest, core, food increase.

Inflation isn't really falling like headlines say. Core +5.3%, food +6.7%. The only reason headline was 4% is gas/fuel oil at -11.7%. @BobEUnlimited has an excellent series of tweets that talk about wages +5.7% w/ -0.7% productivity and structural inflation. pic.twitter.com/GlMTzeDjWs — Dan Davis (@DanDavi47038421) July 5, 2023 AAA – Fed funds curve has inverted …

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Cry For Argentina! Inflation At 114% And Sovereign Bond (8.23%) Priced At 37 (Covid-related M2 Money Growth = Inflation)

by confoundedinterest17 Cry for Argentina! The people, not their government or Central Bank. Argentina has similar problems to the US in terms of the Covid outbreak in 2020. Their Central Bank went wild (as did The Federal Reserve) in terms of printing money. Argentina is still printing like mad. At 81% YoY! And inflation is growing …

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They printed trillions of Euros and had negative interest rates, now claiming they didn’t cause inflation… Legacy corporate media is trash; protecting master

“Inflation has… pretty much come from nowhere.” -Christine Lagarde European Central Bank President "Inflation has… pretty much come from nowhere." -Christine LagardeEuropean Central Bank President They printed trillions of Euros and had negative interest rates for years. Now they pretend they didn’t cause any of it. 🔊 pic.twitter.com/awiyyZDI3k — Wall Street Mav (@WallStreetMav) July 4, …

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Consumer borrowing is increasing at an unprecedented rate…Using credit to chase inflation

Loan-to-deposit ratio has seen the sharpest rise since the 1990s This is the result of consumer borrowing increasing at an unprecedented pace pic.twitter.com/gKl61K9iQN — Bravos Research (@bravosresearch) June 29, 2023 “We’re in an inflationary debt bubble, meaning that consumers are using credit to chase inflation. Based on the assumption that interest rates are coming down …

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German Yield Curve inverted, indicating recession, 6.1% inflation, PMI contraction.

“The German Yield Curve is the mot inverted its been in over 31 years. This may signal an impending recession. Also the German economy: -6.1% Inflation -Contraction in PMI from May to June -GDP forecasted to fall in Q2” Source: https://t.co/kognkNxLL6 — Genevieve Roch-Decter, CFA (@GRDecter) June 27, 2023 “WSJ: Germany has become a drag …

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ECB boss Christine Lagarde claims: Inflation is due to climate change! The head of the Bank of International Settlements provided a counter-opinion

ECB boss Christine Lagarde claims: Inflation is due to climate change! 🤡 It is never their own policies or printings trillions of Euros or $$$ or ZIRP. It’s climate change and you need to pay more taxes to fix it. ECB boss Christine Lagarde claims: Inflation is due to climate change! 🤡 It is never …

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Government reports low inflation to justify high asset prices and politicians’ spending.

I love this ratio (old definition/new definition), specially the rate at which it has been increasing since 2021…👇 https://t.co/pXs2htkAra — Alvaro (@Alvaro128929138) June 25, 2023 Can you spot a difference between the two boxes? Identical in size and price of $7.49. One was bought two weeks ago, and the other today 🚨🚨🚨 by u/BoatSurfer600 in …

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Inflation Alert! Bank of England (50 basis points), Norway Central Bank (50 basis points), Swiss National Bank (25 basis points) all raise interest rates to combat inflation. Remember, JPow told Congress yesterday rate hikes needed here but the Fed is not acting while other central banks are.

by Dismal-Jellyfish Norway: https://www.norges-bank.no/en/topics/Monetary-policy/Monetary-policy-meetings/2023/june-2023/ Policy rate raised to 3.75 percent Norges Bank’s Monetary Policy and Financial Stability Committee decided to raise the policy rate by 0.50 percentage point to 3.75 percent. The Committee’s current assessment of the outlook and balance of risks implies that the policy rate will most likely be raised further in August. Inflation …

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Powell predicts further interest rate hike due to high inflation pressures.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/testimony/powell20230621a.htm Highlights: We at the Fed remain squarely focused on our dual mandate to promote maximum employment and stable prices for the American people. My colleagues and I understand the hardship that high inflation is causing, and we remain strongly committed to bringing inflation back down to our 2 percent goal. The U.S. …

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UK mortgage rates increase, inflation impact ignored in media.

The media are full of news about UK mortgage rates going higher. But when we get to the cost of living and inflation they ignore its impact over the past year.CPI 0%CPIH 0%RPI 55.1% Give the RPI the credit for telling the real story.https://t.co/7Dm3FbbX7I — Shaun Richards (@notayesmansecon) June 21, 2023 That is an absolutely …

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Central banks are badly losing their war against FOOD INFLATION

via naturalnews: Amid a wave of interest rate hikes by central banks across the globe, the surge in food prices continues unabated. Experts associated this phenomenon with two key factors: the inelasticity of food demand and a looming long-term supply crisis. Despite the best efforts of central banks to rein in inflation through interest rate adjustments, the …

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People who live in the real world know inflation is much higher than 4%. The CPI stats are BS.

Cause inflation is underreported and he’s corrupt af Source: https://www.newyorker.com/news/our-columnists/why-isnt-joe-biden-getting-more-credit-for-a-big-drop-in-inflation If I remember correctly the US government uses the June – July time frame for inflation to set how much those on Social Security will get for an increase for the following year. Sooo it is to the governments benefit to have it as low as …

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