The Fed's "Disinflation" Story Just Flew Out the Window
Published: Tuesday, 07 March 2023 08:32 | 
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Mark talks about the recent price inflation reports, as well as reports of job openings from private sector job placement companies. Inflation was higher than expected and job openings declined. What will the Fed do?
"Increased Financial Fragility": Fed Paper Has Word Of Warning For Central Banks Indulging Markets
Published: Tuesday, 07 March 2023 08:15 | |
| How much of policy tightening is too much? With the major central banks around the world already having raised their benchmark rates by the most in decades, it’s natural that the question is being asked.
Get Lost, Uncle Sam: Rickards
Published: Tuesday, 07 March 2023 08:11 | |
| But escalation on the financial and economic fronts is equally dangerous and could contribute to a global recession. U.S. policymakers seem to be too dumb and too shortsighted to consider either prospect. Where are the adults?
Fed Chair Powell Today Says Interest Rates Are ‘Likely to Be Higher’ Than Previously Anticipated
Published: Tuesday, 07 March 2023 07:42 | |
| Citing earlier data showing that inflation has reversed the deceleration in late 2022, Powell warned of tighter monetary policy ahead.
Housing Affordability Worse Than Run up to Housing Crisis
Published: Tuesday, 07 March 2023 07:40 | |
| The following chart, from Goldman via Game of Trades, highlights the fact that housing affordability has reached the worst levels since at least 1997.