Inflation in China fell to a near five-year low in September, adding to the evidence of a slowdown in the world's second largest economy.
BING NEWS:
- Further BSP rate hikes unlikely even if inflation exceeds target anew
FURTHER TIGHTENING by the Bangko Sentral ng Pilipinas (BSP) is unlikely unless inflation expectations take a turn for the worse, analysts said.
05/5/2024 - 4:32 am | View Link - Write It Down: Historians Will Conclude 2021-Present Was Not Inflation
Still, as they say even a stopped clock is right twice a day. And the stopped clock that is the Fed was right that the high prices that revealed themselves in 2021 and beyond were “transitory.” Which ...
05/5/2024 - 3:00 am | View Link - Gold is overvalued now and won’t help you beat inflation in coming years
Recently, gold’s fortunes have changed. The yellow metal has shattered its previous all-time high, soaring above $2,400 an ounce. Yet according to the Erb/Harvey model, gold is as overvalued now as it ...
05/3/2024 - 11:08 pm | View Link - Fed's Williams says 2% inflation target 'critical'
New York Federal Reserve Bank President John Williams on Friday said he believes the U.S. central bank's 2% target for inflation is "critical" to its efforts to achieve price stability.
05/3/2024 - 10:01 pm | View Link - Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says
Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing’?” Goolsbee said.
05/3/2024 - 4:21 am | View Link - More
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