Services Inflation Spikes, Core CPI Jumps, Food Inflation Worst since 1979, Durable Goods Rise, but Gasoline & Airfares Plunge by Wolf Richter • Sep 13, 2022 • 274 Comments An ugly CPI print of inflation that’s entrenched and getting worse in vast parts of the economy. The Fed will have a heck of a time cracking down on it.
Runaway Inflation in the Eurozone, which Kicked Off in mid-2021, Sets New Record, Wakes Up even Ridiculously Reckless ECB by Wolf Richter • Aug 31, 2022 • 197 Comments “Temporary” inflation is suddenly runaway inflation. But the negative-interest rate idiocy and QE are finally over.
Services Inflation Worst since 1982, Food Inflation Worst since 1979, Housing CPI Heats Up. But Energy Prices Plunge, Some Durable Goods Drop: Inflation Whack A Mole by Wolf Richter • Aug 10, 2022 • 173 Comments Inflation in services is now where the action is, not commodities or durable goods.
QT Kicks Off at the ECB: Assets Fell by €91 Billion from Peak by Wolf Richter • Aug 10, 2022 • 94 Comments Raging inflation ends an absurdity.
THE WOLF STREET REPORT: Markets Are “Fighting the Fed” by Wolf Richter • Jul 31, 2022 • 317 Comments One of the most important dictums in finance is this: “Don’t fight the Fed.” And this could get ugly.
US Natural Gas Prices Re-Spike, after the Big Plunge by Wolf Richter • Jul 22, 2022 • 119 Comments Just when we thought the plunge in natural gas prices might take pressure off inflation, it starts all over again.
US Dollar Exchange Rates and Inflation: What’s Next? by Wolf Richter • Jul 14, 2022 • 127 Comments The USD had a heck of a ride, which kept inflation from spiking even further. But it may not last much longer.
“Things Are Not Normal Right Now”: Bank of Canada Hikes by Monster 100 Basis Points, Hits Mortgages. So Might the Fed after US CPI Fiasco by Wolf Richter • Jul 13, 2022 • 214 Comments Blame whatever. Just don’t blame money-printing and interest-rate repression.
It Gets Ugly: Inflation Shifts to Services. Food, Fuel Spike Too. Dollar’s Purchasing Power Swoons. by Wolf Richter • Jul 13, 2022 • 236 Comments Oh dearie, the Fed is going to meet in late July, and it’s going to talk about services inflation.
THE WOLF STREET REPORT: US Dollar Exchange Rates and Inflation – What’s Next? by Wolf Richter • Jul 10, 2022 • 198 Comments The USD had a heck of a ride, which kept inflation from spiking even further. But it may not last much longer.
