No Shit! The Consumer Price Index rose 9.1 percent from a year ago,... Inflation.... But? The Federal Reserve 's increasing interst rates are just wrecking the Home purchase , and mortgage refinancing... Add to that interst rates for credit for other … [Read more...] about Consumer Prices just keep climbing….
US Inflation
Should Biden go after the Gas and Oil companies?
With gas risiong to $5 a gallon in some places... And the economic and political fallout getting worst by the minute... Some are looking to make the energy industry to target of their ire..... But the Russia conflict with the Ukraine has been a problem and Biden has so … [Read more...] about Should Biden go after the Gas and Oil companies?
US Inflation climbs to the highest in 40 years…
Gas and Food prices KEEP climbing for the American consumer as do prices for other things... All this does NOT make Americans 'happy' about the economy.... Inflation in May reached a new peak of 8.6 percent, compared with the year earlier, remaining at the fastest pace in … [Read more...] about US Inflation climbs to the highest in 40 years…
Goldman Sachs thinks are gonna get worst for inflation before it gets better….
Their guess is that things WILL get better going into the summer .... Before the Midterm voting begins..... "The current inflation surge will get worse this winter before it gets better," Goldman Sachs Global Investment Research warns clients in a "2022 U.S. Economic … [Read more...] about Goldman Sachs thinks are gonna get worst for inflation before it gets better….
With Inflation rise Social Security monthly check’s to climb by almost 6%……
That's the annual cost of living adjustment recipients will see in their checks starting for 2022.... The Social Security Administration announced Wednesdaythat its beneficiaries will see a 5.9 percent increase in their benefit checks starting next year — the largest … [Read more...] about With Inflation rise Social Security monthly check’s to climb by almost 6%……
Fed…Interest rates going up next year….
The Federal Reserve will be changing its monetary policy with stepping away from stimulus support as the economy 'appear's' to be getting better... I say 'appear's because employment IS STILL lagging.... And inflation continues with some of pandemic effect still on the … [Read more...] about Fed…Interest rates going up next year….
President Biden keeps Trump tariff’s….
Quietly in several places? The Biden admin has kept Trump admin policies to the surprise of many.... China looms BIG over American manufacturing and Trade.... And American consumer prices..... And that country does NOT stop for pandemics or conflicts in the Middle … [Read more...] about President Biden keeps Trump tariff’s….
Federal Reserve is signalling higher interest rates are coming…..
They ARE worried about Inflation and the higher consumer prices as companies try to recoup their pandemic profit losses ..... Federal Reserve officials are nearing agreement to begin scaling back their easy money policies in about three months if the economic recovery … [Read more...] about Federal Reserve is signalling higher interest rates are coming…..