Asian shares follow US futures higher
Amazon provides some welcome earnings relief amid signs US inflation is easing
Source: businesslive.co.za
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Inflation rises faster than expected, Fed's preferred PCE price tracker shows
The cost of goods and services rose a higher-than-expected 0.4% in September, keeping the pressure on the Fed as it weighs whether to raise interest rates...
Federal Reserve Wall Street Journal Dow Jones Industrial Average Article Normal Business Consumer Services Consumer Products
Source: marketwatch.com
Better Than Expected Earnings From Amazon And Intel
Earnings from Facebook parent, Meta along with Google parent, Alphabet, were partially responsible for the pullback Thursday.
Exxon Mobil Web Services Market Committee Nasdaq Composite Personal Consumption Expenditures Google Cloud
Source: forbes.com
High Gold Price Spurs Investment Selling, Not 'Safe Haven' Buying, as ETFs Shrink
Near-record gold prices spurred fresh investment selling this week, defying news-wire claims of a safe haven rush with the 2 largest bullion-backed ETFs, the GLD and IAU, both shrinking yet again
Source: bullionvault.com
Inflation is still slowing, but slowly
U.S. prices are still rising almost twice as fast as the Federal Reserve's goal of 2% inflation.
Federal Reserve Wall Street Article Normal N A Economic Performance Indicators Inflation Figures Price Indices
Source: marketwatch.com
Gold higher amid eased US yields and Middle East calm
Despite a recent rally, bullion struggles to breach the $2,000 mark as global efforts stabilise the Israel-Hamas conflict
Source: businesslive.co.za
Decoding The Inflation Signals: How To Read (And Correct) The Latest CPI Figure
The CPI is a false signal. Adjusting it by comparison with other, superior measures, shows that it overstates inflation by 1-2%. Weve already reached the Feds 2% target
United States Bureau Of Economic Analysis Department Of Commerce Federal Reserve Bureau Of Labor Statistics Consumer Price Index
Source: forbes.com
Inflation Is Over – What Comes Next?
The latest figures show that inflation has been "tamed." In fact, they signal that deflation may be looming. Hard to tell – because the std economic models are broken.
Source: forbes.com
Inflation speeds up due to higher gas prices, PCE finds. But there's good news, too.
The cost of goods and services rose a sharp 0.4% in August mostly because of higher gas prices. But inflation more broadly continued to slow.
Federal Reserve Wall Street Journal Dow Jones Industrial Average Article Normal Electricity Gas Utilities N A
Source: marketwatch.com
U.S. consumer spending rises in August; underlying inflation slows
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, gained 0.4% last month, the Commerce Department reported on Friday
Commerce Department Us Energy Information Administration Federal Reserve Log Increate Free United States
Source: theglobeandmail.com