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  • Consumer Prices in U.S. Drop in August on Plunging Energy Costs

    From bloomberg.com

    The consumer price gauge increased 0.2 percent in the 12 months ended in August, the same as in July. The core CPI measure, which excludes volatile food and fuel costs, rose 1.8 percent from August 2014, matching the year-over-year gain a month earlier. The median projection in the Bloomberg survey called for the core gauge to rise 0.1 percent from July, and 1.9 percent from the same month last year. Energy costs decreased 2 percent from a month earlier, the biggest decline since January. Gasoline prices slumped 4.1 percent, the most in seven months. Gas Prices The nationwide average cost of a gallon of regular ... (full story)

If tomorrow no hike, never we can see a hike in the future, their lost the train in june and condition for hike was much better than now. So it's clearly the Fed have lost the control and logic the credibility.
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So taking the devils advocate view. A sharp decline in energy costs affects the economy because most of the money for energy costs will now not be allowed to be pumped out of the american worker. Which now gets a payraise basically. But that is bad, because we need to figure out now how to make their dollar worth less. This is Planet Earth correct?
welcome back deflation era. very soon markets will turn hopes in fear and the FED will burn out by the media. Big bluff, Big lies, Big Bubble.
So if i have a good memory, someone (like insurance company and pension funds) cry that this long time at 0 rate is driven their business to have big problem. So a weaken dollar is good for export, but it's not good for people like worker that pay much more in what they buy from the import. So if i'm not wrong if you pay much for the goods that you buy then you have less money to spend, then consumer price is forced to weaken, it's seem logic n?
Quoting Pippuz
welcome back deflation era. very soon markets will turn hopes in fear and the FED will burn out by the media. Big bluff, Big lies, Big Bubble.
I wrote about this 20,Feb. 2013. when we were at QE Forever era, OTwist, ect.

All of asset-classes will collapse bonds, equities too (not just gold or oil).
Quoting Kis Zoltan
I wrote about this 20,Feb. 2013. when we were at QE Forever era, OTwist, ect.

All of asset-classes will collapse bonds, equities too (not just gold or oil).
Yeah, but now the markets is showing us a real sign of fear. FED is not in control of the economy and their balance sheets are full of inflationary bond. That's the reasons why inflation target is at 2%. maybe the greatest collapse in stock market by year is around the corner
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