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Boost in Supply Helps the Fed; Prices for Holiday Gifts in Decline; The Specter of Deflation By Michael Maloney Good day. Federal Reserve Chair Jerome Powell signaled an important shift this...
India's government has admitted that its estimate of wheat output for the 2022-23 season is under dispute, with grain traders arguing that production could not have been more than 102-103 million tonnes, compared to the government's estimate of 112-113 million tonnes. The discrepancy has led to high cereal inflation in the country, despite expectations of falling prices and substantial state-held stocks. The government is now planning to use technology-driven models to improve its crop estimates and ensure more accurate data in the future. | Latest News India
Stock Market Trend Pattern and Bond Market Opportunity :: The Market Oracle ::
When an economy gets caught into such a downward spiral, it is not easy to get out of this muddle of deflationary trap. Japan will know it better. It is three decades since Japanese economy got into this deflationary entanglement. They are yet to find a way out. If right policy tools are not used, China may be staring at a similar fate.
CPI Smoke and Mirrors Hides Decade Long REAL Inflation PAIN! :: The Market Oracle ::