Creeping Inflation

When Americans took to the streets because of inflation

By Jon Hilsenrath In the fall of 1966, a wave of protests swept across the United States, drawing the attention of Washington politicians, corporate executives and newspaper editors. But these Americans were not expressing their anger at the Vietnam War or racial discrimination. The protests were against rising food prices, …

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“No climate, no deal” – Thursday June 10, 2021 – www.eenews.net

Progressives yesterday stepped up a campaign to pressure the White House to pass climate legislation, with several Democrats signaling they would not vote for an infrastructure bill in the absence of important provisions to reduce greenhouse gas emissions. Talks entered a new phase on Capitol Hill after President Biden this …

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Borrowing skyrockets despite looming end of holidays

We always knew it would happen. While we are all committed to continuing the remarkable cash-storing activities of last year, as store doors opened in the first major easing of the last nationwide lockdown, our portfolios also have it. made. Having paid off debts to the tune of £ 1.7bn …

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Asian stocks rise slightly, USD decline

Asian stocks on the rise Wall Street had a mixed session overnight, with the street falling into their bliss and buying tech and selling everything else, though the session was quiet. The S&P 500 edged down 0.08%, while the Nasdaq rose 0.49% and the Dow Jones fell 0.37%. Obviously, Wall …

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Is this bull market in equities just too good to last?

Equity markets started June on a positive note and, so far at least, ignore the fact that June is traditionally the weakest month of the year. Global stocks rose 0.7% in local currency last week and are now about 1% above their peak a month ago. The good performance was …

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Yen down 6% versus dollar ignores global trade recovery

As the global economic recovery from the coronavirus accelerates, Japan appears to be standing still as its currency retreats. The yen has already fallen nearly 6% against the dollar this year, the worst performance among the Group of 10 currencies, as global markets brace for an interest rate hike almost …

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Make no mistake, the risk of inflation is real: Mervyn King

Price stability is when people stop talking about inflation and their decisions reflect real economic factors. It had been a long time since inflation was a topic of discussion but, especially in the United States, it has returned to the public debate. In several advanced economies, it is easy to …

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The ECB is not about to falter at the first sign of recovery: ecological week

Subscribe to the New Economy Daily newsletter, follow us @economy and subscribe to our podcast. European Central Bank officials will debate whether to extend their high pace of emergency bond purchases this week, a judgment that rests on the fragility they determine for the economy’s recovery. Confidence has been the …

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This recession-resistant stock just pulled it out of the park

One of the big fears of investors right now is that companies that have performed particularly well during the most intense stages of the COVID-19 crisis will not be able to match their pandemic-fueled sales as a result. of the pandemic. Those favorable winds pushed these outperforming stocks to extreme …

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May jobs signal a mixed bag for the housing industry

Total non-farm payroll employment increased by 559,000 in May, below the rate forecast by economists of 675,000 new jobs. According to US Bureau of Labor StatisticsUnemployment now stands at 5.8%, about 30 basis points lower than in April and now at its lowest rate since the start of the pandemic. …

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