Yesterday we asked if it was time to start worrying about food inflation while discussing recent notes by both Goldman and SocGen’s Albert Edwards, who highlighted the current burst in food inflation across the […]
The prices of food and transportation bills have generated pressures that have brought inflation to levels above the authorities’ target. At the end of November, the year-on-year inflation rate stood at 5.26%, […]
Asset inflation benefits the super-rich more than anyone else because they own the vast majority of these assets. With the reflation euphoria running full blast, maybe central banks will finally get all […]
Florida voters just passed an amendment to increase the minimum wage from $8.56 an hour to $15 an hour by 2026, making Florida the eighth state to adopt a $15 minimum wage. As in […]
Yesterday we explained why Bank of America, a contrarian voice among Wall Street banks, believes that hopes for an explicit announcement of Average Inflation Targeting (AIT) by Jerome Powell in his highly-anticipated speech titled “Monetary […]
According to the new Consumer Price Index (CPI base 100, 2017-2018 https://www.haitilibre.com/en/news-26268-haiti-economy-a-new-index-of-consumer-prices-more-efficient.html ), in January 2019 monthly inflation increased by + 1.6% (against + 1.5% the previous month) or 15.5% on an annual basis, […]
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