US Inflation Still Hanging Around

January 11, 2024 00:05:27
US Inflation Still Hanging Around
Digital Finance Analytics (DFA) Blog
US Inflation Still Hanging Around

Jan 11 2024 | 00:05:27

/

Show Notes

The US Bureau of Labor Statistics just released their December 2023 inflation read which showed the consumer price index increased 3.4% in the year through December, the most in three months and on a monthly basis, it also rose by more than forecast. The shift up was driven by Americans paying more for housing and driving, challenging investor bets that the Federal Reserve will cut interest rates soon. Used-car prices increased for a second month, defying expectations for a decline. The CPI excluding food and energy rose 0.3% in December from a month earlier. On an annual basis, the so-called […]

Other Episodes

Episode 0

July 12, 2023 00:17:26
Episode Cover

Central Banks In Wonderland! [Podcast]

Today The Bank Of Canada lifted rates by another 25 basis points, to try to tame inflation (while extending its expectation of above target...

Listen

Episode

February 13, 2024 01:13:33
Episode Cover

Its Edwin's Monday Evening Property Rant!

Another dose of reality from our property insider Edwin Almeida. What political games are being played at the moment, and how is this influencing...

Listen

Episode

September 02, 2019 00:07:54
Episode Cover

International Money Transfers – Yet Another Big Bank Rip-Off! [Podcast]

We look at the latest ACCC report. https://www.accc.gov.au/publications/foreign-currency-conversion-services-inquiry-final-report Share this:EmailPrintTwitterFacebookLinkedInReddit

Listen