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17.09.26 - 12:12
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Eurozone Inflation Revised Down To 3.2% (AFX)
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BRUSSELS (dpa-AFX) - Eurozone inflation accelerated less than estimated in August, final data from Eurostat showed Thursday.Harmonized inflation rose to 3.2 percent from 2.9 percent in July. The A......
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17.09.26 - 11:48
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ECB′s Makhlouf on Inflation, Economy, Rates (Bloomberg)
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ECB Governing Council member Gabriel Makhlouf discusses the outlook for inflation, the economy and interest rates. “At a time of uncertainty, every meeting is a live meeting for the European Central Bank,” the Irish central-bank chief told Bloomberg Television when asked whether there is a chance of an interest-rate hike in October if circumstances require it. (Source: Bloomberg)...
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17.09.26 - 11:06
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Slovakia HICP Inflation Eases To 23-month Low (AFX)
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BRATISLAVA (dpa-AFX) - Slovakia's EU measure of inflation moderated as expected in August to the lowest level in nearly two years, data from the Statistical Office of the Slovak Republic showed on......
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17.09.26 - 10:36
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Austria Inflation Confirmed At 3.2% (AFX)
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BRUSSELS (dpa-AFX) - Austria's consumer price inflation accelerated as initially estimated in August amid higher fuel and heating oil prices, thee latest data from Statistics Austria showed on Thu......
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17.09.26 - 03:21
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Why CPI Ignores Homes, Stocks, And The Cost Of Getting Ahead (ZeroHedge)
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Why CPI Ignores Homes, Stocks, And The Cost Of Getting Ahead
Authored by Karl-Friedrich Israel via The Daily Economy,
The median-priced home in America now costs $440,600, while the median household earns roughly $84,000 a year. That gap has left a growing share of Americans priced out of buying altogether, while those who already own homes and hold stocks have watched their wealth compound. The renter-owner wealth gap is now the widest on record. Meanwhile, equity markets keep setting new highs. None of this, officially, counts as inflation.
In a previous piece, I explained that the Consumer Price Index leaves out a large and growing share of what households are really forced to pay for: government spending financed by taxes rather than purchased voluntarily on markets. That is one CPI blind spot. There is a second, and it is arguably more consequential for how Americans experience economic reality. The price of stocks, homes, and other assets essentially does not appear at all in conventiona...
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