While the federal government says its budget will lower inflation, analysts counter that broad cost-of-living relief, such as energy rebates and tax cuts, could make things worse. An expanded version of the energy-bill relief delivered in last year’s budget and another boost to Commonwealth Rent Assistance are expected to help tame the consumer price index. […]
The Labor Department's Bureau of Labor Statistics will provide the consumer price index data Wednesday at 8:30 a.m. ET.
Serbia's consumer prices rose by 5% year-on-year in April, after increasing at the same rate in March, the statistical office said on Monday.On a monthly comparison basis, Serbia's consumer price ind
The battle against inflation could still be won by Christmas based on official government forecasts – a lot faster than the latest Reserve Bank predictions. Timing largely explains the gap, Finance Minister Katy Gallagher told ABC radio, with Treasury taking into account efforts to “put downward pressure on inflation” in Tuesday’s federal budget. “Obviously, those […]
Horizon Kinetics' James Davolos thinks his firm's inflation-focused ETF is "ideally positioned" for gains this year.
The U.S. president made the claim in an interview with CNN journalist Erin Burnett.
Inflation has not been beaten, as the Reserve Bank has reminded Australians, and the federal treasurer will be under pressure to help not hinder the central bank as he prepares to hand down his third budget. The central bank board kept interest rate on hold at 4.35 per cent on Tuesday, as widely expected, yet […]
Australia’s key interest rate has been left on hold but financially-stretched borrowers are not out of the woods yet. The Reserve Bank of Australia remains “alert and vigilant” to emerging price pressures, including renewed pain at the pump. In an almost universally expected move on Tuesday, the cash rate was left at 4.35 per cent […]
Inflation scrambling perceptions of middle class life (First column, 5th story, link) Related stories:Wall Street bear predicting biggest market crash since 1929Big shots may be forced to cancel summer vacations Drudge Report Feed needs your support! Become a Patron
New inflation data may suggest the economy is strong, but a closer look reveals major weaknesses.
Every discussion ends in an argument.
The Producer Price Index (PPI), a key inflation indicator that measures wholesale prices, increased by 0.5% last month in April, higher than the 0.3% Dow Jones estimate.