Inflation

Inflation is a measure of the rate of increase in the prices of goods and services in an economy over a given period of time. Inflation occurs when the overall level of prices in an economy increases, reducing the purchasing power of a given amount of money.

This can be caused by a number of factors, including increased demand for goods and services, supply chain disruptions, changes in the money supply, and government policies such as fiscal stimulus or quantitative easing.

Mexico’s Inflation Keeps Slowing Down, Giving the Central Bank Room to Maneuver on Interest Rates

April 25, 2023 Mark Paul Cervantes Comments Off

(Bloomberg) — Mexico’s inflation eased roughly in line with analysts’ expectations in early April as the central bank weighs ending a record monetary tightening cycle in Latin America’s second-biggest economy. Consumer prices rose 6.24% in […]

Housing, GDP, Inflation, Debt Ceiling Mark a Week Also Full of Political Maneuverings

April 24, 2023 Mark Paul Cervantes Comments Off

There’s a little bit of everything for economy watchers this week as data comes in on the housing market, first-quarter gross domestic product, inflation and consumer sentiment. It’s also a week that could be influenced […]

Fed’s War On Inflation Poses Moral Dilemma As Rate Hikes Threaten 2 Million Workers

April 21, 2023 Mark Paul Cervantes Comments Off

OSV News) — As the U.S. recuperates from the unprecedented multiyear consequences of the COVID-19 pandemic — complicated by Russia’s war on Ukraine and lingering supply chain issues — fiscal indicators point to future contraction […]

Fed’s Beige Book Makes for Boring Reading as Economy Shows Little Change With Labor Market and Inflation Improving a Tad

April 20, 2023 Mark Paul Cervantes Comments Off

Anyone looking for the reemergence of rampant inflation or an impending recession is not likely to find either in the Federal Reserve’s Beige Book released on Wednesday. The summary of economic conditions across the central […]

Fed’s Williams: Inflation still ‘too high,’ Fed will act to lower it

April 20, 2023 Mark Paul Cervantes Comments Off

(Reuters) – Federal Reserve Bank of New York President John Williams said Wednesday that inflation is still at problematic levels and the U.S. central bank will act to lower it, in comments that noted recent […]

Dollar firms as U.S. yields rise, high British inflation underpins pound

April 19, 2023 Mark Paul Cervantes Comments Off

TOKYO, April 19 (Reuters) – The Dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10% in March adding to pressure on the […]

Sterling eases against dollar; inflation keeps pressure on BoE

April 19, 2023 Mark Paul Cervantes Comments Off

LONDON, April 19 – Sterling eased on Wednesday as a higher dollar wiped out earlier gains made after data showed Britain has the highest inflation in western Europe, cementing market expectations for a rate hike […]

Fed’s Barkin says rate increases need to continue until inflation holds at 2%

April 18, 2023 Mark Paul Cervantes Comments Off

Despite positive inflation data this week, Richmond Federal Reserve President Thomas Barkin said Friday that more interest rate increases will be needed to tamp down price pressures. Releases this week showing that consumer and wholesale price […]

US: Inflation high and sticky; bank tensions ease – ANZ

April 17, 2023 Mark Paul Cervantes Comments Off

Analysts at Australia and New Zealand (ANZ) banking group offer a snippet on the state of the US economy in their latest client note. Key quotes “Tensions in the US banking sector continue to ease. […]

US inflation expectations join the forces to support US Dollar Index rebound

April 17, 2023 Mark Paul Cervantes Comments Off

US inflation expectations, as per the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data, justify the market’s latest reassessment of the Federal Reserve (Fed) concerns by grinding higher in […]