Even Fed’s Lowest Lowball Inflation Measure Spikes Relentlessly: Parallel Isn’t 1982, but 1974, When Powell was in College by Wolf Richter • Dec 23, 2021 • 172 Comments But even the comparison to 1974 fails because back then, the Fed had already pushed short-term rates to 9%. Today: most reckless Fed ever.
End of Easy Money: Global Tightening in Full Swing, While the Fed Promises to Wake Up in Time Next Year by Wolf Richter • Dec 22, 2021 • 213 Comments Central banks jacked up rates to catch up with run-away inflation, but most fell further behind; only Russia caught up. The Fed didn’t even try.
Powell: Everything’s Moving Much Faster, incl. End of QE, Balance Sheet Reduction, Rate Hikes by Wolf Richter • Dec 15, 2021 • 297 Comments Inflation now a “big threat.” After downplaying inflation all year, the Fed is starting to get serious.
What Needs to Happen to Get this Inflation under Control? And How Would Markets React? by Wolf Richter • Dec 15, 2021 • 168 Comments My conversation with Adam Taggart.
US Wholesale Price-Spike Worst in the Data, Even Services. But Further up the Producer Price Pipeline, Inflation Rages at 28% by Wolf Richter • Dec 14, 2021 • 185 Comments Raging price pressures in the pipeline are heading for consumers.
Wholesale Price Inflation in Germany Totally Blows Out, Highest in the Data Going Back to 1962 by Wolf Richter • Dec 13, 2021 • 161 Comments The ECB is still recklessly delusional.
WOOSH, Shock-and-Awe Loss of Dollar Purchasing Power Hits Americans. Worst Inflation in 40 Years. Getting it Under Control Will Be a Bitch by Wolf Richter • Dec 10, 2021 • 508 Comments Inflation for Urban Wage Earners & Clerical Workers (CPI-W) = 7.6%. Fed is still pouring fuel on the raging fire. Most reckless Fed ever.
Central Banks in Latin America’s Largest Economies Grapple with Raging Inflation: Brazil with Shock & Awe, Mexico Eyeing the Fed by Wolf Richter • Dec 9, 2021 • 182 Comments In the US, raging inflation is not far behind. But the Fed is still recklessly pouring fuel on it.
Biggest Mess I’ve Ever Seen: Used-Vehicle Wholesale Prices Spike to Ridiculousness. Just Wait till they Hit CPI Again by Wolf Richter • Dec 7, 2021 • 206 Comments Supply suddenly jumps, Thanksgiving weekend gets credited.
Social Security COLA Calculations May Get Changed to CPI-E as Part of the Reform Bill. What Does it Mean for Retirees? by Wolf Richter • Dec 6, 2021 • 164 Comments Watch out for the costs of housing, medical care, and gasoline.
