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
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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%. We've already reached the Fed's 2% target
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.
Source: marketwatch.com
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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
Source: theglobeandmail.com