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As #inflation  is worse in the U.S. than it is abroad, the cost to produce domestically is rising faster than the cost to produce internationally. As the U.S. economy becomes less globally competitive our trade deficit rises. This results in a weaker dollar and stronger CPI gains.

Treasury/Fed just engineered 10/30 yr auctions and bond rally amidst hot cpi/ppi prints and surely all hands are on deck at the NY Fed desk should there be any guidance change Levitating 44.5T of equities 2x gdp record tight corp bond mkt sprds record neg real rates ain't easy

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It's Fed Day! - U.S. economy may grow at 7% this year - Sharp move higher in CPI/inflation expectations - Record job openings, strong wage growth - Stocks at record highs, junk yields at record lows - Reverse repo usage is unprecedented ...and the Fed will likely do nothing 🙃

Statistics Canada on annual Canada CPI in May, which rose 3.6%, or the most since 2011: "... base-year effects affected the 12-month price movement for only a few key goods and services in May 2021."

$USDCAD remains below 1.2200 mark post-Canadian CPI, FOMC looms large

April And May CPI Numbers Are Not What They First Appear To Be. #finance  #investing  #business 

USD/CAD remains below 1.2200 mark post-Canadian CPI, FOMC looms large By @HareshMenghani  #USDCAD  #Canada  #CPI  #Fed  #Currencies 

Major Economic Indicators Latest Numbers: Consumer Price Index (CPI): +0.6% in May 2021 News Release Historical DataUnemployment Rate: 5.8% in May 2021 News Release Historical Data Payroll Employment: +559,000(p) in May 2021 News Release Historical… »BLS


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BREAKING: Inflation rose 0.6% May -- more than expected and following a 0.8% rise in April and 0.6% in MarchPrices are up 5% in the past year -- the largest increase since 2008. It's not just food and energy costs going up. CPI ex food&energy is +3.8% -- highest since 1992

Situation is very serious. I've been in politics for a long time. Such an atmosphere was created in 2001 when CPI(M) was making an exit. At that time Mamata Banerjee got 60 seats. There was political violence in some areas: Suvendu Adhikari, BJP on post-poll violence in WB

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West Bengal: National Investigation Agency (NIA) has arrested TMC leader Chhatradhar Mahato in connection with 2009 murder case of CPI(M) leader Prabir Mahato. He will be produced before the court today.

@ARangarajan1972 , Author asks Suneet Chopra, Leader, CPI(M) on whether Kerala should have APMC or not. | Navika Kumar o @thenewshour 

In 1996, Joe Biden floated the idea of reducing Social Security benefits through an early version of chained CPI. 6/8

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Last Saturday, we said we are committed to doing our part and we mean it. CPISecurity has been a long term partner but, upon reflection, we feel that it is right to end our relationship. We have informed Mr. Gill of our decision tonight.

Raising the retirement age is a cut. ✂️ Means-testing is a cut. ✂️ cpi'>Chained-CPI is a cut. ✂️ If a candidate supported any of these “adjustments,” then they absolutely sought to cut #SocialSecurity .

"I met injured students at AIIMS. JNUSU president has been brutally attacked. Delhi police sided with the miscreants": Brinda Karat, CPI (M) #NDTVFromJNU  #JNUViolence  #JNUattack 

There are about 2,300 political parties in India. 54 out of them are regional and 7 of them are national parties. All these 54 regional parties have become dynastic parties. BJP is the only national party apart from CPI(M) that remains ideological: Shri@JPNadda