|
|
|
|
|
|
|
|
|
30.10.26 - 11:24
|
Trump vowed to reduce prices, but his policies have fueled US inflation | Steven Greenhouse (The Guardian)
|
|
|
'Even though economists warned that tariffs would be inflationary, Trump has enthusiastically embraced them'Donald Trump successfully campaigned for his second term two years ago promising to reduce prices on day one, but ever since he returned to the White House, he has done little to fight inflation or reduce prices. Instead, some of his most important policy decisions – most notably his war against Iran and his tariff wars – have increased inflation instead of reducing it. This helps explain why more than one-in-five Americans who voted for Trump now disapprove of the job he's doing.Even though economists warned that tariffs would be inflationary, Trump has enthusiastically embraced them during his second term. Indeed, the “liberation day” tariffs he imposed soon after returning to office increased the price of hundreds of goods, including citrus fruits, steel, bananas, beef and auto parts. When the supreme court overturned those tariffs as illegal, Trump immediately imposed new 10% across-t...
|
|
|
|
|
|
|
|
|
29.10.26 - 16:51
|
Inflation und Krieg zum Trotz: Starkes Wachstum der US-Wirtschaft überrascht Analysten (N-TV)
|
|
|
Trotz des Iran-Kriegs ist die US-Wirtschaft im Sommer überraschend kräftig gewachsen. Das Bruttoinlandsprodukt (BIP) kletterte im dritten Quartal aufs Jahr hochgerechnet um 3,4 Prozent, wie das US-Handelsministerium in einer ersten Schätzung mitteilte. Von der Nachrichtenagentur Reuters befragte Ökonomen hatten für Juli bis September mit 3,2 Prozent gerechnet, nach plus 2,2 Prozent im Frühjahr. "Die US-Wirtschaft bleibt trotz aller Widrigkeiten auf robustem Wachstumskurs", sagte Bastian Hepperle von der Bank Bethmann HAL. "Das ist eine fantastische Entwicklung, aber keine fantastische Welt." Denn künstliche Intelligenz sei ein Wachstumsbooster, der perspektivisch an Schubkraft verliere. "Auch ist die Konsum-Story keine unendliche Geschichte." --- Die Ausgaben der US-Verbraucherinnen und Verbraucher zogen im abgelaufenen Quartal annualisiert um 3,8 Prozent an..
|
|
|
|
|
29.10.26 - 16:06
|
Fed Can′t Beat Inflation Without Market Pain, Says Dawson (Bloomberg)
|
|
|
Federal Reserve officials left interest rates unchanged and reiterated their commitment to containing inflation without offering a clear signal they might raise rates at their next meeting in December. NewEdge Wealth CIO Cameron Dawson says the Fed faces a contradiction as it tries to tighten financial conditions without causing significant market pain. She explains why bringing inflation back to 2% may require greater volatility in stocks and credit, and why resilient growth and elevated nominal GDP could keep pressure on interest rates. Dawson speaks to Bloomberg Surveillance hosts Tom Keene and Paul Sweeney. (Source: Bloomberg)...
|
|
|
|
|
|
|
29.10.26 - 15:12
|
Reaching 2% Inflation Will Be Challenging for the Fed, Feroli Says (Bloomberg)
|
|
|
JPMorgan Chief US Economist Mike Feroli says it will be a challenge for the Federal Reserve to get inflation back down below its target of 2%. Feroli says he was surprised that Fed Governor Lisa Cook called on the FOMC to raise rates by a quarter percentage point. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)...
|
|
|
29.10.26 - 14:24
|
Fed′s Favorite Inflation Indicator Surges In September As Soaring Energy Costs Drags Americans′ Savings Rate To 4-Year Lows (ZeroHedge)
|
|
|
Fed's Favorite Inflation Indicator Surges In September As Soaring Energy Costs Drags Americans' Savings Rate To 4-Year Lows
Following the hot CPI and PPI (and the internals), this morning's PCE should not provide too many surprises with expectations for the headline price Index to rise a significant 0.5% MoM in September (accelerating notably after deflating for the first time since COVID in June).And sure enough, headline PCE rose 0.5% as expected, pulling the price index up 3.6% YoY - highest since May...The (old) Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - printed in line with expectations (+0.3% MoM and +3.1% YoY), a very slight uptick...The sudden resurgence in crude prices did not help at all, smashing PCE Energy to record highs!!SuperCore PCE (Services ex-Shelter) surged to its highest YoY since Dec 2024...Interestingly, and more problematically for The Fed, Acylical inflatio...
|
|
|
|
|
29.10.26 - 13:57
|
USA: Private Einkommen steigen schwächer als erwartet (DPA-AFX)
|
|
|
WASHINGTON (dpa-AFX) - In den USA sind die privaten Einkommen schwächer gestiegen als erwartet. Im September legten die Einkommen im Monatsvergleich um 0,2 Prozent zu, wie das Handelsministerium am Donnerstag in Washington mitteilte. Volkswirte hatten ......
|
|
|
|
|
|
|
29.10.26 - 13:45
|
Federal Reserve′s preferred measure of inflation rose slightly in September (The Hill)
|
|
|
Inflation increased slightly in September after declining in August, new data from the Bureau of Economic Analysis showed Thursday. The personal consumption expenditures (PCE) price index, the preferred inflation metric for the Federal Reserve, rose by 0.5 percent last month and was up 3.6 percent relative to September 2025. The Federal Reserve Bank of Cleveland......
|
|
|
|