by Michael E Dehn | Oct 11, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
BREAKING: September PPI inflation unexpectedly rises to 2.2%, above expectations of 1.6%. Core PPI inflation rose to 2.7%, above expectations of 2.3%. This is the first jump in Core PPI since April 2022. PPI inflation is now up 3 consecutive months. What does the Fed...
by Michael E Dehn | Oct 11, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
https://www.forbes.com/sites/emilymason/2023/07/20/better-late-than-never-federal-reserve-platform-will-finally-bring-instant-payments-to-more-banksand-customers/?utm_source=newsletter&utm_medium=email&utm_campaign=dailydozen&cdlcid=62b0886cf9c34d13103a9a...
by Michael E Dehn | Oct 10, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
There Are Two Reasons that 75 Percent of U.S. Banks Didn’t Hedge Their Interest Rate Risk as the Fed Hiked Rates at the Fastest Pace in 40...
by Michael E Dehn | Oct 10, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Israel War
How high will oil prices go? Goldman and Bloomberg are already calling $100 oil. Some are saying $150 if Iran gets involved. Joe Biden broke all the easy solutions after he drained the Strategic Petroleum Reserve to just 17 days. Then burned the Saudis over and over,...
by Michael E Dehn | Oct 10, 2023 | 2024 election realities, Banking and Finance, Biden the miscreant, Breaking News, consumer spending and sentiment, General interest, General politics, International insights
An increase in immigration is helping the Fed reach their 2% inflation target faster, according to Apollo. Since April 2020, immigration to the US has increased by 5.3 million people. A rise in immigration puts downward pressure on wage growth. As wage growth falls,...
by Michael E Dehn | Oct 10, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
https://newslink.reuters.com/public/32976386
