Inflation/ Deflation News

 

Apple Wants To Buy Memory From China As Soaring Chip Prices Spark Inflation Shock Last Thursday, in the aftermath of Apple's biggest one day plunge since Liberation Day, and second biggest single-day drop ever... .... when the company lost over a quarter trillion dollars in market cap after the company's unprecedented price increase announcement  which for some products was as much as 50% as Apple decided to pass on soaring component costs to consumers, following similar moves from other consumer electronics companies.... ...  and which Apple blamed on "unsustainable" prices by the memory cartel - namely SK Hynix, Samsung, Micron and Sandisk - who have been flooded with unprecedented demand from hyperscalers (freshly funded with hundreds of billions in newly-issued investment grade debt) we predicted that "China's memory makers are waiting by the phone" for a disgruntled Tim Cook to call, demanding bulk, cheaper RAM. *APPLE SHARES CLOSE DOWN 6.1% IN BIGGEST DROP SINC...

Um den gesamten Artikel unter investing.com zu lesen, klicken Sie bitte auf die Überschrift...

Iran's inflation has skyrocketed to 88.6%, its highest in months, as the Middle East conflict intensifies economic woes. Food prices have more than doubled, with bread, grains, and meat seeing staggering year-on-year increases. This surge compounds existing challenges of sanctions and hyperinflation, severely impacting household purchasing power and fueling public discontent....

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....

Um den gesamten Artikel unter apnews.com zu lesen, klicken Sie bitte auf die Überschrift...

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....

Read more on https://www.fxstreet.com...

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......

Read more on https://www.fxstreet.com...

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)...

Read more on https://www.fxstreet.com...

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....