The big data event today is, of course, the release of the US CPI report.

The big data event today is, of course, the release of the US CPI report.The consensus forecasts are for Headline CPI inflation to come in at 0.6%, month-on-month, taking the annual rate up to 3.6%; andCore at 0.2%, MoM, with the annual rate falling to 4.3%.(For background on the “last mile” inflation dynamics and policy …

The big data event today is, of course, the release of the US CPI report. Read More »

Kemp declares state of emergency over inflation in Georgia

Georgia Gov. Brian Kemp (R) declared a state of emergency for the Peach State over inflation rates Tuesday.“From runaway federal spending to policies that hamstring domestic energy production, all Bidenomics has done is take more money out of the pockets of the middle class,” Kemp said in a press release. “While high prices continue to …

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As Bitcoin quietly wipes out 10 billion in Market cap, the risk is getting even more risky for HODLers

“🚀📉 The Bitcoin Chronicles: A Rollercoaster Ride of Risk and Reward! 🎢💰Bitcoin recently took us on a $1,000 dip from $26,000 to $25,000 before bouncing back, leaving us all wondering about the wild world of crypto. 📈💥As I delve into the volumes over the past 24 hours, it’s truly remarkable how this thinly traded asset …

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Cracks Forming in the Crypto Market, BTC 25,000 Support Test

“ Bitcoin’s $25,000 support is being put to the test, and it’s causing ripples in the crypto world. Despite a 0.5% drop in the US dollar index today, markets are seeing a sell-off. With inflation on the rise and treasury yields surging, some Bitcoin holders are trading their beloved electrons for cash. Binance Coin and …

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