Posts Tagged ‘Inflation’

Consumer Price Hikes Soften in August, Annual Inflation Stays Stubbornly High

The pace of consumer price inflation fell in August to its lowest monthly level since February, though the 12-month rate of inflation remained historically high, a new government report shows. The consumer price index (CPI) rose 0.3 percent in August from July, the Labor Department said in a Sept. 14 report, with consensus forecasts predicting a slightly […]

Plunging Crop Supplies Send Prices Soaring And Reignite Food Inflation Fears, WASDE Reports

The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report was released Thursday afternoon and pointed to declining grain supplies that sent grain futures prices higher and will keep food inflation in focus.  The closely watched supply and demand report slashed estimates for corn yields and stockpiles. World inventories for wheat were reported near a five-year low.  Grain […]

Biden Says $3.5T Spending Plan Won’t Stoke Inflation

President Biden claims that the Democrats’ $3.5 trillion spending plan won’t trigger inflation – a key objection from Republicans. “If your primary concern right now is the cost of living, you should support this plan, not oppose it,” said Biden during Wednesday comments at the White House, adding that the plan would lower drug prices and other […]

Anchors Away! Inflation Expectations Sail into Unchartered Waters

Inflation expectations of businesses jumped higher in August, according to a survey released by the Atlanta Fed Wednesday, casting doubt on the notion that inflation is moderating. Businesses surveyed by the Atlanta Fed indicated that on average they expect inflation to be three percent over the year ahead, up from 2.8 percent a month ago.  […]

Mike Lee: Biden Spending Plan a ‘Multi-Trillion Dollar Inflation Bomb’ — ‘Reverse Robin Hood’

Sunday on New York WABC 770 AM radio’s “The Cats Roundtable,” Sen. Mike Lee (R-UT) ripped the Democrats’ $3.5 trillion infrastructure deal. Lee described the “multi-trillion dollar inflation bomb” as “reverse Robin Rood” because it robs the poor to give to the rich. He warned the middle class and below “will be most hurt” by […]

What History Tells Us About Inflation’s Impact on Everyday Americans

Inflation rates are up 5 percent since May 2020, which signals the largest inflation increase in the U.S. since 1992. What does the risk of high inflation mean for the days ahead? While it isn’t possible to see into the future, a look at rates in the past can help provide some context. Since a […]

Here’s Why America’s Labor-Shortage Will Drive Inflation Higher

Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill. America’s labor shortage is complex and doesn’t lend itself to the simplistic expectations favored by media talking heads. The Wall Street cheerleaders extol the virtues of “getting America back to work” which is Wall-Street-speak for getting back to exploiting workers […]

This “Temporary” Inflation Is Turning into an Inflation Spiral

This is the transcript of my podcast of last Sunday, July 11, THE WOLF STREET REPORT. This year, inflation blasted off with a vengeance, and the last four months have seen the hottest pace of inflation since the 1980s. The consumer price index – the CPI – rose 5% year-over-year for May. The June reading […]

Producer Price Inflation Surges 7.3%, Higher Than Expected

Prices received by U.S. businesses for goods and services rose by much more than expected in June, the Labor Department reported Tuesday. The Producer Price Index rose 7.3 percent in June from 12 months earlier, the largest demand since 12-month data were first introduced in 2010. Compared with May, the index rose one percent. On […]

Planning for Retirement: 5 Smart Savings Strategies when Inflation Looms Ahead

The Consumer Price Index (CPI) is often used as a standard way to follow inflation. It measures the average change in prices from one year to the next. When the CPI increases, it’s a sign that overall living costs are on the rise. In May 2021, the CPI for all items increased 5 percent before […]

They Are Gaslighting Us! Nightmarish Inflation Is Already Here But The Fed Is Denying That It Even Exists

Renegade Editor’s Note: Snyder appears to be an apocalyptic Christian, but this information is important. By Michael Snyder They would like us to believe that what we can see happening right in front of our eyes is not actually real.  Over the past year, our politicians in Washington have gone on the largest spending binge […]

Majority Concerned Biden Administration Spending Could Lead to Inflation: Poll

A poll from Monmouth University on Wednesday revealed that the majority of people are concerned that President Joe Biden‘s funding priorities will lead to inflation. Participants were asked how concerned they are that the spending plans could lead to a big jump in the price of goods and services. A total of 71 percent said they […]

Brooks: ‘Threat of Inflation Is Real’ and Inflation Hurts Those Who Need Help the Most

On Friday’s “PBS NewsHour,” New York Times columnist David Brooks said that while he agrees with the direction of President Joe Biden’s budget plan there is a real threat of inflation and too much debt, and that inflation would impact the people who need help the most. Brooks stated, “The two cautionary warnings, I would […]

Biden’s $6 Trillion Socialist Budget Will Cause Even More Inflation And Even More Shortages

If you are enjoying the ride on the highway to hyperinflation, then you are going to absolutely love Joe Biden’s new budget.  Instead of realizing the mistakes that he has made and reversing course, Biden has decided that now is the time to push the accelerator to the floor.  That means that a lot more […]

Inflation rate up 2%: SCI

TEHRAN- The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on April 20, which marks the end of the second Iranian calendar month of Ordibehesht, stood at 41 percent, rising two percent from the figure for the twelve-month period ended on the last day of the first month. […]

Lies, Damn Lies, and Inflation

Above Photo: Photo by Mark Wilson/Getty Images Austerity is about to make its political comeback. There are two basic ways to interpret economic news. One is the academic way, in which every development is weighed and scrutinized and plugged into various models in a more or less genuine attempt to intuit what is happening in the […]

Inflation Nation: Producer Prices Soar By Most on Record

Prices received by businesses for goods and services jumped 6.2 percent compared with a year ago, the largest increase since 12-month data started being calculated by the Department of Labor in 2010. The Department of Labor said its Producer Price Index increased a seasonally adjusted 0.6 percent compared with March. The index rose 1.0 percent […]

Psaki Reassures: ‘Inflation Completely Under Control Outside Of Food, Gas, And Housing’

Psaki Reassures: ‘Inflation Completely Under Control Outside Of Food, Gas, And Housing’ WASHINGTON, D.C.—Press Secretary Jen Psaki took time during today’s briefing to address worries about inflation, comforting Americans with the news that prices are totally under control – outside of the things necessary to live. “The media, you people I gave cookies to, have […]

Biden Thankful For Gas Crisis To Distract From Inflation Crisis, Unemployment Crisis, And Border Crisis

Biden Thankful For Gas Crisis To Distract From Inflation Crisis, Unemployment Crisis, And Border Crisis WASHINGTON, D.C.—In the days following the Colonial Pipeline hack, gas stations have begun to run out of fuel, creating a panic for many. As for the President of the United States, this has come as a relief when considering all […]

Three reasons why inflation is rising. Two of them aren’t going away, by Simon Black

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Annual inflation rate rises 2.2%: SCI

TEHRAN- The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on March 20, which marks the end of the last month of the past Iranian calendar year, stood at 36.4 percent, rising 2.2 percent from the figure for the twelve-month period ended on the last day of the […]

GOP senator rejects $15 minimum wage saying he once earned $6 an hour, or $23 with inflation

Republican Senator John Thune has rejected an effort from congressional Democrats to raise the federal minimum wage from $7.25 an hour to $15, pointing to his $6 or less hourly wages that he earned working at a restaurant as a “kid”. The senator from South Dakota – where the state-level minimum wage is set at […]

Inflation rate stands at 29%: SCI

TEHRAN- The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on November 20, which marks the end of the eight Iranian calendar month of Aban, stood at 29 percent. The center has previously put the inflation rate in the twelve-month period ended on October 21, which marks the […]

Massive Inflation Benefits Wealthy Elite

PAPAZULU CORRUPTION, DEEP STATE, ECONOMY, NEWS, NWO, POLITICS, Q SGTREPORT 0 by Charles Hugh Smith, Of Two Minds: Asset inflation benefits the super-rich more than anyone else because they own the vast majority of these assets. With the reflation euphoria running full blast, maybe central banks will finally get all that inflation they’ve been pining for. So let’s ask cui bono–who will benefit from inflation? The Super-Rich […]

Get Ready For a Post-Election ‘Fed Wave’ of Inflation

by: Stefan Gleason  Money Metals News Service  November 5th, 2020  Comments Print As accusations of voting irregularities mount, President Donald Trump’s legal team is descending on Pennsylvania and Georgia as well as multiple battleground states that have been called by media outlets for Joe Biden. It will be an uphill battle for Trump to get to 270 electoral votes. As […]

Housing Prices Rise At Twice The Speed Of Inflation And Pay

Housing Prices Rise At Twice The Speed Of Inflation And Pay Above Photo: FILE PHOTO: A ‘House For Sale’ sign is seen outside a single family house in Uniondale, New York, U.S., May 23, 2016. REUTERS/Shannon Stapleton/File Photo After losing over a third of their value a decade ago, which led to the financial crisis […]

5 Big Drivers of Higher Inflation Rates Ahead

February 21, 2018 By Stefan Gleason Investors got lulled into a state of inflation complacency. Persistently low official inflation rates in recent years depressed bond yields along with risk premiums on all financial assets. That’s changing in 2018. Five drivers of higher inflation rates are now starting to kick in. Inflation […]

Inflation to top 2,000 percent in 2017: Venezuelan Congress

nsnbc : Venezuela’s Congress reports that the inflation rate has reached quadruple digits and that the inflation rate in 2017 will top some 2,000 […]

Gold-Backed Scholarship Helps Students Cope with Runaway Tuition Inflation

By Activist Post A major national precious metals dealer has just opened its gold-backed scholarship fund for 2017 applicants.  Funds will be awarded to students who understand that gold is money and are able to clearly articulate the many failures of the inflation-creating Federal Reserve System. Money Metals Exchange, a national precious metals […]

Is Your Cost of Living Rising? Why the Elites Aren’t Worried About Inflation

Is Your Cost of Living Rising? Why the Elites Aren’t Worried About Inflation By Charles Hugh Smithwashingtonsblog.com In our household, we measure real-world inflation with the Burrito Index: How much has the cost of a regular burrito at our favorite taco truck gone up? The cost of a regular burrito from our local taco truck […]

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