Tag inflation

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Higher Than Expected PPI Underscores Fed Concerns

Producer price inflation data came in higher than expected again today putting further pressure on the Federal Reserve to tighten monetary policy at its meeting this week. U.S. producer prices rose to 9.6% year-on-year in November. The PPI rose by…

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IMF Warning Ahead of FED Meeting

“While monetary policy can generally look through transitory increases in inflation, central banks should be prepared to act quickly if the risks of rising inflation expectations become more material in this uncharted recovery,” Gita Gopinath, IMF economic counselor and director…

Robert Kiyosaki Predicts Economic Crash and Buys Bitcoin

Robert Kiyosaki, author of The New York Times best-selling book “Rich Dad Poor Dad” says an economic crash is coming soon. He predicted that “gold, silver, bitcoin and real estate will also collapse.” Robert Kiyosaki has warned that many markets,…

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Are Energy, Food, and Vehicles Becoming a Luxury?

The people in the U.S. and Germany must have followed the news yesterday with horror that their purchasing power is sinking faster than it has for a long time. Inflation in the U.S. has risen an incredible 6.8% YoY, the…

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Gold Rises After Inflation Numbers Continue to Run Hot

Gold prices rose 0.4% yesterday (December 10) in the wake of the release of U.S. inflation figures. In addition, the increase was supported by a weaker dollar and the lower yields on U.S. Treasury bonds. Gold rose 0.4% to close…

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U.S. CPI is the Highest in Nearly 40 Years

Consumer prices in the U.S. rose last month to their highest level in nearly 40 years. It’s another sign that rapidly rising inflation, which continues to squeeze away purchasing power, has been misjudged by policymakers. This will now put tremendous…

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Signs of Inflation Slowdown for Chinese Producers

Inflation in China’s factories slowed slightly in November from a 26-year high, reflecting the government’s crackdown on rising commodity prices and an easing of the energy crisis. The report from the NBS shows that the consumer price index (CPI) rose…

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Job Openings in the U.S. Rise to 11 Million

Yesterday, JOLTS reported a steady decline in employee layoffs. This is a sign that the labor market continues to ease. Nevertheless, the number of people who have voluntarily resigned is still quite high. The number of job openings in the…

Robert Kiyosaki is Buying More Crypto

” I’m Buying Gold, Silver, Bitcoin, Ethereum, Rental Property and More Oil Now What Are You Buying?” Rich Dad Said Robert Kiyosaki, author of Rich Dad Poor Dadsays inflation is taxing the poor and middle class. Inflation makes the rich…

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