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  • Fed’s Mester: PCE Infaltion Data Underscored Slow Progress on Inflation

    Fed’s Mester: PCE Infaltion Data Underscored Slow Progress on Inflation

    — *seven (@sevenloI) May 26, 2023
Added at 11:11am
  • Fed’s Mester: Fed Has Made Slow Progress on Inflation, It’s ‘Concerning’

    — *seven (@sevenloI) May 26, 2023
Added at 11:11am
  • Fed’s Mester: Tighter MonPol Still Feeding Into Economy

    — *seven (@sevenloI) May 26, 2023
Added at 11:12am
  • FED'S MESTER: I MAY HAVE TO REVISE UP INFLATION FORECAST FOR FED FORECASTS

    — FxMacro (@fxmacro) May 26, 2023
Added at 11:12am
  • Fed’s Mester: Everything is on the Table for June FOMC

    — *seven (@sevenloI) May 26, 2023
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  • Comment #1
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  • May 26, 2023 11:23am May 26, 2023 11:23am
  •  umbrella man
  • | Joined Aug 2009 | Status: Member | 454 Comments
Duh! Just go read history of 80s and 90s and learn how inflation works. It’s sticky. Needs pain and recession to cure. $ to the moon.
 
 
  • Comment #2
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  • May 26, 2023 2:10pm May 26, 2023 2:10pm
  •  Ericedge
  • | Joined Oct 2022 | Status: Member | 127 Comments
As a result of mixed u.s economic data... probably i will be sitting on my 10 fingers. tonight.
 
 
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    A measure of US inflation that is closely tracked by the Federal Reserve increased in April

    From apnews.com|May 26, 2023|4 comments

    A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high. The index, which the Federal ...

    McCarthy: Made Progress Last Night on Debt Ceiling

    From @sevenloI|May 26, 2023|1 comment

    tweet at 10:33am: McCarthy: Made Progress Last Night on Debt Ceiling tweet at 10:35am: HOUSE REP. SPEAKER MCCARTHY: TALKS COME DOWN TO ONE THING AND THAT'S SPENDING. tweet at 10:38am: McCarthy: This is Just the Start Generally on Spending tweet at 10:43am: HOUSE REP. SPEAKER MCCARTHY: TALKS ALSO MADE PROGRESS THIS MORNING.

    UMich Inflation Expectations Remain At 12 Year Highs

    From zerohedge.com|May 26, 2023

    The most important segment of the UMich sentiment survey continues to be inflation expectations, and after the preliminary data showed medium-term expectations rising ...

    •   Newer Stories
    The economics of the US debt ceiling debate

    From brookings.edu|May 26, 2023|1 comment

    Once again Congressional debt ceiling debates have markets, the media, and the public concerned about the ability of the U.S. to pay its bills on time. Economists at Brookings ...

    Asia gold: India returns to premiums as lower prices draw in buyers

    From brecorder.com|May 26, 2023

    Physical gold flipped to premiums in India this week for the first time in nearly three months, as retreating domestic prices along with the central bank’s move to withdraw the ...

    Emerging US Debt Deal Would Raise Limit, Cap Spending for Two Years

    From finance.yahoo.com|May 26, 2023|1 comment

    Republican and White House negotiators are moving closer to an agreement to raise the debt limit and cap federal spending for two years, according to people familiar with the ...

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  • Story Stats
  • Posted: May 26, 2023 11:11am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 2  /  Views: 1,251
  • Linked event:
    US Core PCE Price Index m/m
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