Bidenflation - Page 13

Wall Street firms are paying huge bonuses as the economy emerges from the pandemic, with compensation packages growing to levels not seen in a decade.

Inflation expectations keep rising all over the country.

Raphael Bostic said that all seven meetings this year are “live” and all options on the table.

Consumer sentiment sank in January to the lowest level since 2011.

Another regional Fed survey shows mounting inflationary expectations.

Half of Americans expect inflation to increase a lot over the next six months.

The prices of products manufactured in the U.S. central Atlantic region rose in January at the fastest annual pace recorded in data that stretches back twenty-five years, according to a survey from the Federal Reserve Bank of Richmond released Tuesday.

The forward-looking measure of prices paid by manufacturers jumped to its highest level in decades.

Higher oil prices are closely associated with higher inflation.

Lumber costs jumped 24 percent in December, likely depressing single-family construction for the month.

The head of America’s largest bank says inflation will likely force the Fed to hike even more than markets currently expect.

Nearly half of Americans think inflation will devour all their income gains this year. Less than one-fifth expect real income gains over the next year.

Holiday shoppers stayed away in December thanks to high prices and early shopping.

The highest full-year producer price inflation on record.

More Americans are working but real earnings are down by a near record amount.

The Fed has failed to foresee two consecutive economic disasters.

Brady slammed Biden and Democrats after news broke that inflation surged 7 percent year over year in December — the fastest rate since 1982.

Inflation in car and truck prices shows no signs of hitting the brakes.

The seventh straight month of inflation running above five percent.

No more stimulus needed.

Eighty-five percent of wholesalers and 70 percent of retailers report they are raising prices.

The economy was mentioned as a top priority by 68 percent of Americans, while the virus was mentioned by just 37 percent.

The pandemic’s contribution to inflation is probably going to get worse in the weeks ahead.

Because of Bidenflation, workers are worse off even though nominal wages are increasing at historic rate.

The Fed realized it was offsides on inflation and the labor market. The reversal of policy may now come even more quickly than signaled at last month’s meeting.

Construction spending in the U.S. is up but prices of construction materials are up by even more.

Gas prices could climb to a national average of $4.00 per gallon by late spring of 2022, according to a report by GasBuddy.

Half of Democrats said inflation is impacting the way they budget, an iCitizen poll released on Tuesday found.

The vice-president of the European Central Bank has said that current inflation is not ‘as temporary’ as initially expected.

Some of Britain’s favourite biscuit brands, such as Jaffa Cakes, are set to jump in price by up to 5 per cent as inflation soars in the UK.

Capacity utilization is running a bit hot compared with its post-financial crisis average, which may portend more inflation ahead.

High prices of materials were holding back construction. But now that inflation appears to be persistent, it no longer makes sense to hold off on new projects.

Expectations for inflation hit their highest level since at least 2012.

The Fed pivots from pumping up employment to removing accommodation.

Many economists mistook early holiday shopping for consumer strength instead of concerns over inflation and supply chains constraints pulling shopping forward.

Inflation in the prices of goods and services purchased by businesses soared in November.