Heard it all before - they are in control. That’s why they were so shocked with CPI last time

Fed's Barkin: I am hopeful that we are on the brink of completing the recovery

He is the only one talking any sense, but, then again, as a non voting member he is not forced into following the party line

Kaplan: Watching how imbalances feed into inflation `carefully'

This is just the start for CPI. As I stated last month, the full effect will be seen in Q2 and here it is. Wait until you see tomorrow’s reading

Consumer Price Index - March 2021

And despite that god awful employment reading and the 10Y cardiac arrest, funny how we are now up on 10Y today. Bonds don’t believe this BS - and should have fun next week. Soya 11 year high Wheat 9 year high Corn 9 year high That’s food inflation ...

Biden: Economy moving in right direction but has a long way to go

Looking forward to Tuesday and Wednesday CPI readings. I hate to say this but I would trust the Chinese reading more than the US one. What a sad state of affairs

Biden: Economy moving in right direction but has a long way to go

Yep - after we have stopped paying everyone not to work - oh and average hourly rate will be $40. But don’t worry even wage inflation is transitory

Yellen: April jobs report underscores long climb back to US Economic recovery

FED'S KASHKARI: CLOSE TO 9 OR 10 MILLION AMERICANS STILL OUT OF WORK. Because they get paid more to stay at home Resulting in greater bargaining power for people in work

Kashkari: Payroll report validates Fed's outcome-based approach

Great, outcome based, here is the outcome Stimulus has made people less needy to seek work Therefore they are not desperate to earn because they can claim benefits Oh and wages has gone up 0.7% this month Great outcome

Kashkari: Payroll report validates Fed's outcome-based approach

Look together with wage inflation - 0.7% is huge. More printing = less people motivated to re-enter workforce = higher wage inflation

The Employment Situation -- April 2021

Come on fella’s this isn’t a surprise is it? Obviously rates will have to rise, look at the factors Commodities smashing through highs on a daily basis - FFS look at resin as a basis for all the plastic crap we buy Trade deficit breaking records, ...

Yellen: Rates may have to rise to stop economy overheating

No shit Sherlock. Soaring house prices, soaring inflation and a huge miss, 2nd Qtr is going to be messy. But don’t worry, the Fed isn’t concerned - by that very comment, worry

US pending Home Sales Grow 1.9% in March

Spend like there is no tomorrow- all the free money you have received only needs to be paid back by your children

US retail sales explode in March as consumers use stimulus checks to spend heavily

They can keep saying it and I do believe the 6.5% What they cannot be sure of is whether they can control inflation once it is let out of its cage Personally when I hear all the rhetoric of we have had low inflation for 30 years blah blah blah, I ...

Fed's Kaplan Sees 2021 U.S. GDP Growth In Range Of 6.5%

The most significant element of this was the relative slow down in Fuel increases and the increase in non fuel related items - expect this to start to affect PPI and CPI in the current quarter. All elements are now lined up to blow out 4% inflation ...

U.S. Import and Export Price Indexes - March 2021

It is only ever a fudge if it goes opposite to your position..... The reason CPI is trailing PPI is because many contracts are agreed on a forward basis of between 60 and 90 days. The increases seen today reflect the increases from Dec / Jan. The ...

Consumer Price Index - March 2021

Expect 0.5, it won’t be allowed to go further. The full effect will come in Q2

Market braces for key inflation report that may test the Fed’s mettle

Bakker, are they bullies? Or are they protecting their interests? Like the US with its foreign policies? You only need to look at the Middle East to see muddled foreign policy. Crimea is majority Russian who wish to be part of Russia.

Russian Deputy ForMin: Warns US To Stay Away From Russia And Crimea

How do you get 660bn deficit in March? I would love to know what the 373MM hidden under other expenses was seeing that it is 3x any other expense

Monthly Treasury Statement

The more the Fed keeps saying this, the more worried I get. They believe that they have to keep reporting, on a daily basis, that they are comfortable, that they have the tools. If they were so confident why do they feel the need to constantly ...

Fed's Powell: U.S. economy at an 'inflection point' - CBS '60 Minutes'

It’s not even started yet, the Chinese PPI rose by 4.4%. Most US contracts are on a fixed price basis (usually 3 - 6 months). This raised inflation will begin to peak in July, and, it will be significantly higher than this.

Producer Price Indexes - March 2021