US: Inflation is heating up | Metals Mine

  • US: Inflation is heating up

    From robinjbrooks.substack.com

    The signals on inflation have been confusing to say the least. Tariffs did push up inflation, but that impulse peaked in June and has faded rapidly since then. Yet core inflation - whether you look at the CPI or PCE - is running ahead of where it’s been in recent years, so something is clearly going on. From a policy perspective, the question is whether high inflation reflects a few idiosyncratic factors or whether it’s a broader-based phenomenon. That’s what I look at in today’s post. The evidence points clearly in the direction of a broad pick-up in inflation. charts The left chart calculates the combined ... (full story)

Comment Options
Eurorally
Sep 28, 2025 6:53am
Permalink
Inflation is heating up? The GDP Price index is 2.1%, PPI 2.6% and CPI 2.9% while the average annual inflation over the last 50 years has been 3.38%. And those who professed doom and gloom a short while ago are now writing articles about how "economy is more resilient than it was previously reported."

Reported by whom? The journos based on their political proclivities and bias, the nine months of positive economic data be damned. This article is another one like that.

Hints to those with a low intestinal fortitude and possibly a limited knowledge of economic and the mathematics of inflation:

1. The household income has been increasing slightly above the rate of inflation for decades thereby slowly increasing the American standard of living that remains the highest in the world for the common man.

2. The 2% inflation target adopted by our FED and emulated by the central banks world over is not a result of any scientific economic study but it has been pulled out of the thin air. Therefore, it could be easily either 1% or 3% just as well.

3. The low positive inflation is a good thing as it protects us against the dreaded deflation whereby the prices start dropping uncontrollably, producers and retailers cannot recover their costs and a waive of bankruptcies ensues.
Reply
rosy440
Sep 28, 2025 4:55pm
Permalink
This week will be busy in terms of macro statistics:
Tuesday
JOLTS Job Openings. We will see what happens in terms of vacancies (as one of the measurements of the labor market)
CB Consumer Confidence. The level of consumer confidence from the Conference Board
Chicago PMI - not the most important indicator, but interesting.
Wednesday
ADP Nonfarm Employment (automated labor market data)
ISM Manufacturing PMI (business activity in manufacturing - leading indicator)
And with it - ISM Manufacturing Employment, labor market data from ISM
Friday
Labor market data spectrum. - the most important data of the week (maybe the month). Let's see what happens with the labor market, and then we will draw conclusions.
Reply
Trader#CAF8
Sep 28, 2025 1:27pm
Permalink
inflation is in fact heating up, the tariffs are not helping, this guy above is wrong
Reply
dexsolo76
Sep 28, 2025 12:40am
Permalink
What effect does this means for EURUSD# This means there is going to be a push up because buyers will use this to buy more of EUR
Reply
mcsilver
Sep 28, 2025 5:36pm
Permalink
"The signals of inflation"!!! Another headline, and here we go again.. Can we depend upon this "journalist" to apologize in a few months if wrong... Doubtful, but plenty will read this article.
Reply
Trader#2FDF
Sep 27, 2025 9:17pm
Permalink
Print too much and spend too much lolzzzzz hahahaha
Reply
Trader#633C
Sep 28, 2025 5:09pm
Permalink
It's called cherry picking. I see what you did there Euro rally ... Very trumpian
Reply
    • Older Stories  
    President Trump posts cartoon image depicting him firing Fed Chief Powell

    From msn.com|Sep 27, 2025|69 comments

    President Donald Trump posted on Saturday a cartoon image depicting him firing Federal Reserve Chairman Jerome Powell. The post on Truth Social was an image of himself pointing his finger and shouting "YOU'RE FIRED!" to Powell, who was holding a box with his belongings. Behind them is a depiction of the seal of the Federal Reserve. The image appears to be "AI-generated or digitally illustrated," according to visual analysis by ChatGPT. Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him "Too Late Powell." The latest threat came even as the central bank lowered rates earlier this month for the first time this year. Powell's term as chair ends in May 2026. The White House didn't immediately respond to CNBC's request for comment. Firing the top central banker would be unprecedented as no U.S. president ever has attempted to do so, though others have criticized prior Fed chairs. A recent Supreme Court decision indicated that the president does not have the authority to remove Fed officials at will. Powell has said repeatedly that his firing is "not permitted under the law." The Trump White House has blasted Powell over renovations to the Fed's Washington headquarters, raising suspicion that Trump could try to remove the Fed leader for cause. Although lately Trump has eased his criticisms of the Fed building, while continuing to be vocal about Powell hurting the economy by keeping rates too high in his view. Donald J. Trump Truth Social Post 02:46 PM EST 09/27/25 pic.twitter.com/9cdO9rkCVh

    Market sentiment in copper remains delicate, highlighted by a near 5% price increase after...

    From vtmarkets.com|Sep 27, 2025

    Copper prices saw a temporary increase of nearly 5% following the announcement that Indonesia’s Grasberg mine had declared force majeure due to an accident. This reflects concerns ...

    Higher stakes, a Fed 'flying blind,' and a 'data desert': Why this government shutdown would...

    From finance.yahoo.com|Sep 27, 2025

    It's hard to believe, but we've made it almost seven years without a government shutdown. That shutdown happened during President Trump's first term. And it was the longest in US ...

  • Story Stats

  • Related Stories