Inflation Archive

Dow Chemical Raises Prices Again

June 24, 2008  ·  Category: Stocks, Market Commentary, Federal Reserve, Inflation
Less than a month after announcing across the board price increases to combat rising energy and raw materials costs (May 28 Press Release), Dow Chemical (DOW) is at it again announcing additional across the board ...
Posted by Greg Feirman  ·  No Comments »

Bernanke Continues To Jawbone About Inflation

Moreover, the latest round of increases in energy prices has added to the upside risks to inflation and inflation expectations.  The Federal Open Market Committee will strongly resist an erosion of longer-term inflation expectations, as ...
Posted by Greg Feirman  ·  No Comments »

Front Page WSJ Article On Bernanke’s Speech Yesterday

June 4, 2008  ·  Category: Federal Reserve, Foreign Exchange, Inflation
[Chairman Bernanke] went today where no other Fed chairman has gone in my 20 years of doing this.  He dove into the deep end of the dollar policy pool. - David Gilmore (subscription required), Foreign Exchange Analytics As ...
Posted by Greg Feirman  ·  2 Comments »

Bernanke Talks Up The Dollar

In collaboration with our colleagues at the Treasury, we continue to carefully monitor developments in foreign exchange markets.  The challenges that our economy has faced over the past year or so have generated some downward ...
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Bill Gross: CPI Understates Real Inflation

May 22, 2008  ·  Category: Gold, Inflation
 I’ll tell you another area where we’ve been foolin’ ourselves and that’s the belief that inflation is under control. Gross on using owner equivalent rent instead of home prices in calculating the CPI: ..... the first occurring in ...
Posted by Greg Feirman  ·  No Comments »

Consumer Confidence Falls To Lowest Level In 28 Years

Troubling all around, lower confidence and ongoing inflation worries. - Ian Lyngen, Interest Rate Strategist, RBS Greenwich Capital This morning the Reuters/University of Michigan Consumer Sentiment Survey fell to 59.5 - down from 62.6 in April and ...
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Inflation Down On Drop In Gas Prices????

May 14, 2008  ·  Category: Market Commentary, Inflation, Humor
Using an overly aggressive seasonal adjustment factor, the statistical magicians turned an actual 6.5% surge in gasoline prices into a small decline. I wonder if they can read the minds of very skeptical American motorists ...
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Irwin Kellner: Money Supply Growth “Jaw Dropping”

March 25, 2008  ·  Category: Federal Reserve, Gold, Inflation
The money supply's rate of growth is nothing short of jaw dropping. - Irwin Kellner, "Follow the money", Marketwatch, Tuesday March 25 According to economist Irwin Kellner in an article on Marketwatch today, M2 money supply grew ...
Posted by Greg Feirman  ·  No Comments »

Long Term Interest Rates Are Rising

February 28, 2008  ·  Category: Bonds, Inflation
While everybody has been focused on the stock market holding the lows from Jan 22-23, less noticed has been the fact that long term treasuries are holding their highs from the same period (30 Year ...
Posted by Greg Feirman  ·  No Comments »

Memo To Market: I’m Baaaaaack!!!!!! From Inflation

February 28, 2008  ·  Category: Market Commentary, Inflation
Is the Federal Reserve an independent monetary authority or a handmaiden beholden to political and market players? Has it reverted to its mistaken behavior in the 1970s? Recent actions and public commitments, including Fed Chairman ...
Posted by Greg Feirman  ·  No Comments »