This is the 10th consecutive monthly drop in the US inflation rate. — Genevieve Roch-Decter, CFA (@GRDecter) May 10, 2023 Consumer Price Inflation Slows Modestly, Still Outpaces Americans' Wages For 25th Straight Month https://t.co/2Z5sYSzC0G — zerohedge (@zerohedge) May 10, 2023 …
The annual inflation rate is at 6.0% down from 9.1% in July 2022 but still higher than any time since the 1980s. Inflation was at 1.4% under President Trump when Joe Biden took office. Real wages dropped for the 32nd straight month. …
Biden claims "families across the country are starting to breath just a little easier." FACT: Real wages are down, costs are up, and a record number of Americans say they are worse off under Biden. pic.twitter.com/9va4TrB6Ps — RNC Research (@RNCResearch) …
When it comes to wages, fortunes flipped last year for college and high-school graduates. In 2022, median annual pay was $52,000 for Americans with a bachelor’s degree, according to data released by the New York Federal Reserve Friday. That’s …
by danielhanchen Also important today is the ISM Services Report. Mainly people will be looking for Prices Paid (inflation proxy). Yikes 517,000 new jobs…….. Citibank interestingly got it right – they predicted 500K or so new jobs. Average weekly hours went …
The market is now the most overbought it's been since May of 2022, when $SPX was trading around 4176 and then rolled over to 3666. pic.twitter.com/aUtDpe0zb6 — Markets & Mayhem (@Mayhem4Markets) January 12, 2023 https://twitter.com/TommyThornton/status/1613670757774532608
ECB chief: Limiting fast wage growth is needed to rein in inflation ‘We must not allow inflationary expectations to become de-anchored or wages to have an inflationary effect,’ Lagarde tells Croatian newspaper. Wages in the eurozone are increasing faster …
The hypocrisy is astounding!!! — Craig (@CraigIndiana) December 27, 2022
by Shaun Richards Today is a bank holiday in Italy and in some ways ironically that directs straight to what has become its most famous bank. Yes the world’s oldest bank Monte dei Paschi. This year, the Italian Treasury installed …
Real (inflation adjusted) wages declined most in the US (-3.4%) and the EU (-2.4%). h/t Infamous_Sympathy_91
by Shaun Richards One of the reasons I do not look at wage growth in the Euro area more often is that the data available is usually well behind the times. But a research paper from the Central Bank of …
by thinking We need a good financial investigative reporter, like Peter Schweitzer, to find out how much money has been stolen from citizens of the west to support this corrupt shithole. Ukraine has been, allegedly, a country since 1991 and never …
by Ryan McMaken of Mises Institute The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, September was yet another month of soaring inflation. According to the BLS, Consumer Price Index (CPI) inflation rose 8.2 percent year …
by Boo_Randy These strikes are being led by leftist unions that are tools of the globalists. When will the French sheeple crack the code on the link between Money Printer Go BRRRR and soaring inflation? How long will they keep …
ABC News: Wages can’t keep up with inflation pic.twitter.com/BJFHxwUSZD — The Post Millennial (@TPostMillennial) October 14, 2022 View post on imgur.com The Federal Reserve was no doubt troubled by July’s decline in the US unemployment rate to 4.5 percent and increase …
The eternal war is not between liberals and conservatives, or between this country and that country. The eternal war is between Labor and Capital. The Federal Reserve is a weapon of Capital. — Ben Hunt (@EpsilonTheory) October 14, 2022
NEW – Biden tests out luxury vehicles at the Detroit Auto Show as inflation saps US wages and savings — and just a day after drawing jeers for throwing an “inflation reduction” party.https://t.co/cF3zZiXCJP — Disclose.tv (@disclosetv) September 14, 2022 President …
Wage inflation is certainly not over, and wages/salaries are a very large % of core CPI! Sticky components are 70% of core.https://t.co/m6mOX2X3He — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) September 1, 2022 A 9% wage hike not enough for …
by Chris Black https://twitter.com/sunislife222/status/1565456422925639681 How long until they arrest you and put you in solitary confinement for months, without due process? Oh wait, that already happened to January 6th protesters. Gulags are next. The Left knows how the power principle …
Weekly wages (incomes) adjusted for inflation are falling of a cliff This will hit demand harder than any interest rate hikes pic.twitter.com/wTmndzUsRv — Andreas Steno Larsen (@AndreasSteno) July 26, 2022 The pandemic era was the biggest money transfer scheme to …
by Mac Slavo of SHTFplan Consumer prices in the United States have surged higher while wages have fallen for the 15th straight month. This cannot go on forever, and a major economic collapse is on the way. The Consumer Price Index (CPI) soared …
by Chris Black The Norwegian government has stepped in to force arbitration, essentially outlawing the right to strike, which these human rights moralizers used to tell us was a central plank of “social-democracy.” The Express (of all places) wakes up …
Economist Michael Hudson explains the inflation crisis and the US Federal Reserve’s “austerity program to reduce wages.” So-called experts are openly calling to boost unemployment. A depression is coming, in which the poor will suffer so the rich can get …
by Leavingtheecstasy https://multipolarista.com/2022/05/24/us-federal-reserve-wages-inflation/ US Federal Reserve chairman Jerome Powell said his goal is “to get wages down,” complaining workers have too much power in the labor market. Economist Michael Hudson says this is “junk economics,” and corporate monopolies are driving …
President Joe Biden should cut roughly $100 billion from Americans’ wages in one year by importing 2.5 extra million foreign workers, says Wall Street’s leading investment firm, Goldman Sachs. After President Donald Trump’s migration cuts, “the substantial gap between the number …
BY SCHIFFGOLD The Bureau of Economic Analysis released the Personal Income and Outlays data for March last week. Incomes and consumer spending were both up. The data had mainstream analysts crowing about a strong economy and good news for American consumers. But …
by Ryan McMaken of Mises Institute According to a new report released Wednesday by the US Bureau of Labor Statistics, the Consumer Price Index increased in March by 8.6 percent, measured year over year (YOY). This is the largest increase in more than forty years. …
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