#inflation rate

[tradermade]

Fed Chair Powell Testimony. Explore: https://markets.tradermade.com/breaking/fed-chair-powells-testimony-demystified. Powell praises progress in curbing inflation but rules out rate cuts for now. The focus remains on stability and sustainable growth.

[kalakian]

Nabalitaan kong ang daming tumatakbong SK ang nagpapalaganap ng maling impormasyon tungkol sa inflation rate ng Pilipinas. Nakita ko nga pala ito sa opisyal na website ng Philippine Statistics Authority (PSA).

[colitcomedia]

Australia’s inflation rate decreased to 3.5% for the year ending in July 2024, marking its lowest level since March. This decline comes as energy bills fell by 5%, largely due to the federal government’s energy subsidies.

[unicornheadnebula]

Economics Formulas

Microeconomics Formulas Total Revenue (TR): Calculated as Price (P) multiplied by Quantity (Q). It’s the total income a firm receives from selling its goods or services. Marginal Revenue (MR): The additional revenue gained from selling one more unit. It’s the change in TR divided by the change in Q. Average Revenue (AR): TR divided by Q. It’s the revenue per unit sold, essentially the price of…

[moneyecon]

U.S. Economy Grows Faster than Expectations

Good News! U.S. Economy Grows faster than expectations, despite the fear of recession which was always around the corner from the last year. The Economy grew faster than expected. On 29th November, 2023, the Bureau of Economic Analysis (BEA), released the Third Quarter GDP data and the data from the Bureau of Economic Analysis (BEA) reveals a resilient economy driven by increased consumer…

[sgreffenius]

Another way to frame the fed's debate: Have we punished borrowers enough already, or can we tighten the screws in their fingernails a little more to achieve the inflation rate we want? Useful to remember is that the fed is largely responsible for price increases we have witnessed in the last few years, since the fed controls how much money the government borrows. The difference is, when government borrows money to fund its debt, it does not have to qualify for the loan.

Home buyers do have to qualify. Thirty-year fixed-rate mortgages hit eight percent last month. How many people in your neighborhood would even look at a mortgage priced at that level? How many would qualify? For a $1M dollar home, the monthly payment would be $7,338. That's without taxes.

Observers say, "Yes indeed, home sales are down. Home construction is down. Commercial loans are down." Everything related to the loan business is down, except interest rates and the inflation rate. People point to former Federal Reserve Board Chairman Paul Volker as our banker's model here. You just raise interest rates until you squeeze inflation out of the economy, no matter how much it hurts. You can't be weak about these matters. Do what it takes.

Perhaps Jerome Powell is correct: we need to follow Paul Volker's example from the 1980s, when the inflation rate hit double digits. On the other side, our financial markets, the ways we fund our national debt, and our government's methods to allocate resources do not operate as they did forty years ago. They have evolved a lot.

Powell has a different set of problems to solve. He did not take sustained inflation as a threat when the economy came out of Covid. Moreover, we still hear echoes of Modern Monetary Theory when officials discuss future expenditures and revenues, a theory that gained currency when the government wanted to carry the entire economy on its back during the lockdowns. Yet after all the economy endured during and after 2020, the only inflation control tool on the table is: raise interest rates.

[alifelearned]

As of July 2023 the Ontario Disability Support Program has been tied to the provincial inflation rate. This means that each year the increases provided within the program will match the increased cost of living across the province. Unfortunately it will be abroad measure, rather than specific to each municipality so some areas that face higher rates will still be unmatched but hopefully the Federal Disability Benefit will eventually help make up the difference overall. Check out the video to learn more and share your thoughts in the comments below.

[tradermade]

Bitcoin price surges to $58,281! Lower US inflation (CPI 2.5%) and $44.32M in ETF inflows boost confidence. BTC poised to break $59,500, eyeing $63,500. Strong mining network adds support. Will Bitcoin continue its climb? to keep upto date with similar news visit https://markets.tradermade.com/cryptocurrency.

[rlow1]

Inflation Shows Steady Improvement

Inflation Shows Steady Improvement The impact of The Fed raising the interest rates over the past several months is showing results. The inflation rate for June 2023 came in at 3.0% and is the lowest it has been since March 2021. May 2023 had an inflation rate of 4.0%. The recent high was 9.1%. The ideal inflation rate for this economy is 2.0%. Achieving that rate will hopefully result in lower…

[monicascot]

Weekly Overview: Global productivity gains sound the alarm. FOMC minutes due out this week.

In this week's market update, we'll be taking a closer look at the recent performance of the NASDAQ, the impact of inflation and monetary policies in the US and China, and how all of this could shape the future of the equity markets and commodities. We'll also discuss the upcoming US labor data and its significance in assessing the state of the economy.

[pebblegalaxy]

Germany's Recession: Impact on Consumer Spending and Economic Outlook

Germany, the largest economy in Europe, has fallen into a recession due to the energy price shock of last year, which has had a significant impact on consumer spending. According to official data, the output in the country has decreased by 0.3% in the first three months of 2023, following a 0.5% contraction at the end of 2022. The Federal Statistical Office has revised its earlier forecast of…

[shaktiknowledgeblog]

inflation data india | inflation data | RBI | India | Inflation Rate | inflation rate in india | current inflation rate in india

Once again, India will fill the pace of development in the midst of the worldwide recession, inflation decreased in February as compared to January The inflation rate of India: Today has been a very good day for India. In the morning, the news of the Indian film RRR getting an Oscar came, and by the evening, information came to the fore about the huge fall in the inflation rate. Let’s read the…

[alabingo]

Nigerian inflation rate climbs for 10th straight month in Nov

Nigerian inflation rate climbs for 10th straight month in Nov

Nigeria’s annual inflation climbed to 21.47% in November from October’s rate of 21.09%, accelerating for the 10th straight month as food prices surged, the statistics bureau said on Thursday. The National Bureau of Statistics (NBS) attributed the rise to a sharp increase in demand ahead of the Christmas season, import cost hikes due to the depreciation of the naira currency, and a rise in…

[kazifatagar]

Singapore civil servants salary increment to exceed inflation rate of 5.1%

Singapore civil servants salary increment to exceed inflation rate of 5.1%

After accounting for recent pay adjustments, almost all civil servants in Singapore will receive salary increases that are higher than Singapore’s core inflation rate of 5.1%. Speaking in Parliament, Minister-in-Charge of Public Service Chan Chun Sing says for all those who meet the requirements, the increases from a recent salary review combined with annual salary increases and annual variable…

[arizonaconservativegal]