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HomeInflation

Inflation

Inflation
Crude Oil News

Oil Steady As Inflation Comes In Hotter Than Expected

February 14, 2024 Mariel Alumit

Equity markets got caught off guard by higher-than-expected U.S. inflation figures, but crude prices have shown resilience. US Natural Gas Prices Collapse on Milder Weather and Robust Output Not All OPEC Producers Are Delivering On […]

Powell
Finance

Beneath the Skin of CPI Inflation, January: Powell’s Gonna Have a Cow when he Sees the Spike in “Core Services” Inflation

February 13, 2024 Mariel Alumit

By Wolf Richter for WOLF STREET. We’ll start with the “core services” CPI (services minus energy services) because this is so crucial, and because Powell keeps talking about it. We have been concerned here for months about the refusal […]

US public debt
Finance

US public debt forecast to hit 116% of GDP

February 9, 2024 Mariel Alumit

Liabilities held by the public could exceed the country’s annual output as early as next year, according to the Congressional Budget Office US debt held by the public is expected to hit an all-time high […]

Price
Finance

How the Housing Market Split in Two, Doubts about the Taming of Inflation, and What’s Going on with New &; Used Vehicles

February 4, 2024 Mariel Alumit

Wolf Richter on “This Week in Money,” at HoweStreet.com, recorded on February 1: Enjoy reading WOLF STREET and want to support it? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to […]

Rate-Cut Mania
Finance

Great to Have a Good Job Market with Surging Wages, but Rate-Cut Mania Takes a Hit. And We Fret about Inflation Reheating

February 2, 2024 Mariel Alumit

By Wolf Richter for WOLF STREET. The employment data today poured some cold water on the raging Rate-Cut Mania: The 10-year yield spiked by 17 basis points within a couple of hours. But surely, they’re going to try […]

Powell
Finance

Here’s my Powell Cocktail, Not Quite in his Own Words

February 1, 2024 Mariel Alumit

It’s premature to think rate cuts are right around the corner, we haven’t decided anything yet, it’s meeting by meeting, but in March no way Jose, I mean, that’s not my base case. By Wolf Richter for WOLF […]

PPI
Geopolitical

Red Sea crisis could re-ignite inflation

January 27, 2024 Mariel Alumit

Prolonged Houthi attacks on ships risk devastating effects on the global economy, according to OilPrice Higher freight costs and delays in cargo deliveries amid the Red Sea crisis could drive up global inflation, according to […]

Price
Finance

A Jobs Report of an Economy Plugging Along Just Fine Despite 5.5% Rates & Recession Fears. But Wage Growth Heats Up

January 5, 2024 Stu Turley

Average hourly earnings fuel worries on the inflation front. By Wolf Richter for WOLF STREET. It was the kind of jobs data you’d expect from an economy that is plugging along just fine. The number of payroll jobs […]

Ship navigating the Red Sea passage
Crude Oil News

Houthi Attacks Start Shutting Down Red Sea Merchant Shipping

December 18, 2023 Stu Turley

Attacks linked to war in Gaza are threatening global trade Oil and gas prices jump as big companies avoid Red Sea Shipping in the Red Sea is grinding to a halt with oil tankers idling and […]

world
Climate Crisis

This is what the climate crisis is costing economies around the world

November 30, 2023 Mariel Alumit

The economic toll of extreme weather has grown substantially, according to a World Meteorological Organization report. Extreme weather events and climate-related disasters have caused significant economic losses, reaching nearly $1.5 trillion in the decade to […]

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