by Andrew Moran | Apr 13, 2023 | Articles, Economic Affairs News, Good Reads
Samuel Beckett famously wrote in Waiting for Godot: “The tears of the world are a constant quantity. For each one who begins to weep somewhere else another stops.” In today’s economy, the volume of bad news is continuous: For every time a fresh data...
by Andrew Moran | Jan 12, 2023 | Articles, Economic Affairs News, Opinion
The December inflation report was akin to Charles Dickens’ famous line from A Tale of Two Cities: “It was the best of times. It was the worst of times.” The US CPI (consumer price index) confirmed that inflation has certainly peaked and that its...
by Andrew Moran | Jul 18, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
Here is a term that the global economy has not heard in a long time: Price deflation. The red-hot 9.1% inflation rate has made everyone furrow their brows, shake their heads, and howl to the economic heavens, wondering when this inflationary nightmare would come to a...
by Andrew Moran | Apr 12, 2022 | Articles, Economic Affairs News
The US annual inflation rate surged by 8.5% in March, up from the 7.9% increase in February, according to the latest numbers from the Bureau of Labor Statistics (BLS). Economists had projected a reading of 8.4%, so the figure was higher than what many financial...
by Andrew Moran | Mar 11, 2022 | Articles, Economic Affairs News
Baby, it’s cold outside. Well, except when it comes to the cost of living as the US annual inflation rate was red hot in February. Once again, the consumer price index (CPI) was broad-based and posted a fresh 40-year high. What made this a frightening report for many...