All Posts Tagged With: "Consumer Price Inflation"
What Has Really Changed?
What has really changed?…importing inflation…hoping to prove Friedman wrong…Can the U.S. central bank really begin fighting inflation in a serious way? Ah, dear reader - there’s a cruel twist to this story…The cure for high prices is high prices…and so the global economy lurches forward…and more!
Bernanke Talk of Inflation Vigilance Supports Dollar - Fed Teetering on the Tightrope
In the currency market, the dollar was sharply higher against the euro. Late Tuesday, the euro was trading at $1.5434 vs. $1.5536 on Monday.
Fed Chair Comments Boost Greenback
U.S. Federal Reserve Chairman Ben S. Bernanke came out in support of a stronger U.S. dollar today (Tuesday), indicating the Fed would remain on pause at its next meeting.
Global Inflation: Sarkozy Seeks Cap on Fuel Sales Tax
Inflation is global and it has prompted French president Nicolas Sarkozy to seek a cap on sales taxes on fuel products if oil prices continue to rise. This from Thomson Reuters:
French President Nicolas Sarkozy said on Tuesday the European Union should consider capping sales taxes on fuel products if oil prices rose further but his proposal got short shrift from Brussels.
Looking for a Little Dignity
Prices should remain more or less stable when the supply of money increases at the same rate as the supply of goods and services.
Euro Heads Back Towards Record High on German Economic Strength
An unexpected increase in German business confidence sent the euro to a one-month high versus the dollar yesterday (Wednesday) on speculation that the European Central Bank could be forced to hike interest rates to combat inflation.
Consumer Price Indexes May Lie
People are starting to question the readings of consumer price indices.
‘Goosing Up’ Commodity Prices
The feds have been hard at work pushing out $110 billion of ‘rebates,’ designed to help Americans do what they already do best – spend money that they never earned.
The Fed’s Dilemma: Rescue the Housing Market, or Feed the Poor?
At their two-day meeting that starts today, Tuesday, U.S. Federal Reserve policymakers will have to grapple with a moral choice that is well beyond the pay grade of central bankers - choosing between the financial stability of U.S. homeowners and world hunger.
Why Choose Gold When Real Interest Rates Sink?
You can link the historic surge in gold prices starting mid-August 2007 to many apparently disparate things. Pick the right link, and you might be able to tell whether it’s worth you buying or holding gold today.
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