The producer price index has detached from its consumer prices for several years and has not had a reading above 1% in several years. Insights via @CME Group: https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to … Read more U.S. producer prices fall in June showing subdued inflation
How is #China doing, economically? China’s #consumer price index, the main gauge of inflation, rose by 2.5 percent year on year in June, but the producer price index fell three percent in the same period. So where is the country’s supply and demand going? With stock prices rallying, what does the looming bull market mean? … Read more What factors are both driving, and decreasing, China’s economic growth?
With 2K announcing a $70 (US) price point for the next-gen versions of NBA 2K21, other publishers might follow suit and turn $70 (US) into the new next-gen normal. IGN’s Podcast Unlocked crew discusses the complicated issue at length, from the inflation publishers can point to, to the gross microtransaction policies and developer mistreatment practices … Read more Are More Expensive Next-Gen Games Justified? – Unlocked
Police in Zimbabwe arrested 12 nurses protesting outside state hospitals demanding to be paid in U.S. dollars as inflation running at nearly 800% was eroding their salaries, the country’s nurses union said. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality … Read more Zimbabwe police arrest protesting nurses
Jul.02 — Steen Jakobsen, chief economist and chief investment officer at Saxo Bank A/S, discusses inflation, the changing workforce and modern monetary theory, which argues that governments with their own currency can’t go broke, and can keep spending until inflation becomes a problem. “We are in a world where only inflation can save the central … Read more MMT Environment Is `Nano-Seconds Away,’ Saxo Bank Says
Jun.23 — BlackRock Vice Chairman Philipp Hildebrand expects a “historically unique” economic contraction through the remainder of 2020, but worries about inflation in the long-term under what he calls the elimination of “distinctions between monetary and fiscal policy.” He speaks on “Bloomberg Surveillance.”
In this episode of the Keiser Report, Max and Stacy discuss the congressional testimony of US Federal Reserve chairman, Jerome Powell, who is warning about the risk to the recovery he has printed. They look at the explosion of Zombie companies on the US stock exchange and the largest pension fund leveraging up to meet … Read more Keiser Report | Shut up and print! | E1556
Noon briefing by Eri Kaneko, Associate Spokesperson For Secretary-General. Highlights: – Security Council – Syria – Yemen – Libya – Somalia – Nigeria – South Sudan – Central African Republic – Brazil/COVID-19 – Latin America – Annual Report On Children And Armed Conflict – Foreign Direct Investment – COVID-19/Domestic Workers – Remittances – Press Briefing … Read more Syria & other topics – Daily Briefing (16 June 2020)
Security Council Open VTC on the political situation in Syria with Special Envoy Geir O. Pedersen. UN Special Envoy for Syria Geir Pedersen said, “economic crisis is hitting every part of Syria, regardless of territorial control” as the national currency depreciated more than in the prior nine years of war and warned that the intensity … Read more The Political Situation in Syria – Security Council Open VTC (16 June 2020)
Virtual briefing by Geir Pedersen, Special Envoy of the Secretary-General for Syria, on the political situation in Syria, during the Security Council Open VTC (16 June 2020). UN Special Envoy for Syria Geir Pedersen said, “economic crisis is hitting every part of Syria, regardless of territorial control” as the national currency depreciated more than in … Read more Syria: Economic Crisis Hitting Every Part – Security Council Briefing (16 June 2020)
The Pakistan government has announced its new, so-called “people-friendly” budget. It is aimed at avoiding the first recession in the country in 68 years. Many are struggling with rising inflation, higher unemployment and the economic damage caused by the coronavirus. Al Jazeera’s Osama Bin Javaid reports. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us … Read more Pakistan’s economy: People-friendly budget as recession looms
Jun.10 — The FOMC isn’t expected to move on rates at this meeting. However investors can expect to get for the first time since before the Covid-19 lockdowns forecasts for GDP, unemployment, inflation and rates as well as the infamous dot plot. Fed watchers will also be on looking for any comments on yield-curve control.