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Tag: Inflation

Statistics Canada for July

The headlines in Canada celebrate that inflation has fallen to 1.7% in July, but as in America, the people are not experiencing a notable downturn in prices....

The Top Culprit of US Household Financial Stress

(Image explained in previous post — grocery inflation spiked years ago and has not relented) An AP-NORC poll questioned Americans about their main cause of...

July’s CPI Report for the US

The consumer price index (CPI) remained relatively steady at 2.7% in July on an annual basis, according to the Bureau of Labor Statistics’ monthly report, beating...

Bank of England Cuts Interest Rates

The Bank of England has cut its base interest rate to 4%, even as it warns of rising inflation. “We’ve cut interest rates today, but it was a finely...

US Treasury to Print $500 Bills?

Rumors are circulating that the United States may begin to print $500 bills. The US Bureau of Engraving and Printing began printing $500 bills in 1861 until 1945,...

Consumer Sentiment Not Indicative of Consumer Spending

Consumer sentiment remained elevated for the second consecutive month but remains worse than in December 2024, according to the University of Michigan’s Surveys...

Inflation Outpacing Wages for 40% of Americans

Wages in America have been unable to keep up with inflation. A new report by the Atlanta Fed found that 40% of America’s workforce now earns less than the...

Democrats Accidentally Expose the Culprit for Food Inflation

The Democrats official X account posted a chart featuring US grocery inflation. The intent was to show the public that prices had reached record highs in 2025 under...

New Report Finds Tariffs not to Blame for Inflation

The Council of Economic Advisers (CEA) issued a new report that found tariffs are not to blame for inflation. In fact, the cost of imported goods has fallen this...

June Minutes Report Decoded

The Minutes Report by the Federal Reserve indicates that the central bank is unlikely to cut rates at the next Federal Open Market Committee meeting on July 29-30....