Inflation/ Deflation News

 

European Central Bank Executive Board member Isabel Schnabel warned that price pressures could turn out stronger than anticipated even as a US-Iran peace deal reopens the Strait of Hormuz....

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Europe has been experiencing a record-breaking heat wave, with temperatures soaring to historic highs, particularly in France where temperatures were above 110 degrees Fahrenheit. Bloomberg News Weather & Climate Reporter Joe Wertz and Climate Reporter Emma Court are on Bloomberg This Weekend to warn that such extreme heat events are likely to become more frequent globally, potentially driving up costs and contributing to what is being termed 'climate inflation,' placing additional financial burdens on consumers. (Source: Bloomberg)...

It could have been a big week for bond bears, if it weren't for crude oil....

Sticky inflation is reshaping Fed interest-rate expectations as Wall Street abandons rate-cut forecasts and braces for possible hikes under Kevin Warsh....

Artificial intelligence is now a new driver of inflation, according to IMF Chief Economist Pierre-Olivier Gourinchas. He explains that AI is increasing costs for technology hardware and simultaneously making consumers wealthier through booming stock markets, leading to higher spending. This dual impact on both supply and demand channels is creating fresh inflationary pressures, a concern for the global economy....

PPI captures the prices relevant for the production process without being complicated by inclusion of indirect taxes net of subsidies or wholesalers' margins....

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JPMorgan economist Bruce Kasman warns sticky inflation and Fed rate risk could pressure the S&P 500 and stock market investors...

WASHINGTON (dpa-AFX) - The U.S. Dollar value inched lower extending yesterday's losses as U.S. Federal Reserve interest-rate-hike concerns eased after Thursday's U.S. economic data release. In add......

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Artificial intelligence may fuel inflation not just by driving up the cost of chips, but also by making consumers wealthier and more willing to spend, according to the International Monetary Fund's chief economist....

Bloomberg's David Gura and Romaine Bostick join Lisa Mateo and Tom Keene on "Bloomberg Money." They discuss this week's US inflation report, Apple's price hike, and the future of social security. (Source: Bloomberg)...

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Fed's Kashkari Says 'Cooled' US Labor Market Not Driving Inflation Federal Reserve Bank of Minneapolis President Neel Kashkari said inflation is being driven by supply dynamics and not the US labor market. He spoke Friday at the Aspen Ideas Festival in Aspen, Colorado. (Source: Bloomberg)...

Kevin Warsh, the new Federal Reserve chair, is helping coax Treasury yields lower by talking tough on inflation....

Federal Reserve Bank of Minneapolis President Neel Kashkari said signs of widespread inflation led him to pencil in one interest-rate increase for this year in the central bank's economic projections released earlier this month....

The euro zone's first signs of respite in inflation since the outbreak of the Iran war are forecast for data next week that will reflect the impact of subsiding energy costs....

UMich Sentiment Rebounds From 46-Year Record Low In June, Inflation Fears Fade Further Having rebounded from record (46 year) lows in preliminary June data, University of Michigan's final June Sentiment survey was expected to show further improvement as gas prices have fallen since the US-Iran 'peace' MoU signing. And it did with the headline index rising from 48.9 flash and 44.8 prior to 49.5 (but that was below the 50.0 expectation)... Both Current Conditions and the Expectations Index also rebounded with the former outperforming... Consumer sentiment confirmed its early-month reading, rising about 10% above May as gas prices moderated. "Increases were seen across income, wealth, and political affiliation," Joanne Hsu, director of the survey, said in a statement. Expected business conditions over the next five years surged 16% as consumers' worries over long-term consequences of the Iran conflict appear to be easing. "Still, sentiment remains in unfavorable territory at 13...

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