Markets fade as investors weigh inflation data and Amazon miss
KENYA's year-on-year inflation rises to 6.44pc in July over rise in transport, food and non-alcoholic beverage prices.
"There's a lot of things that are complicated about #bitcoin . The inflation rate is not one of them. It's just an algorithm. Roughly every 10 minutes, 6 and a quarter bitcoin get mined ... we'll get to 21M bitcoin somewhere in 2140," the Crypto King, Susquehanna's Bart Smith.
U.S. households likely boosted spending in June, though higher inflation and the upswing in Covid-19 cases related to the Delta variant are adding uncertainty
Here is the problem with the theory of QE creating inflation but in financial assets rather than real economy - Japan.
@MBuhari announced in his 2021 budget proposal that he expects #Inflation to be 11.95%/yr next year. He must have pulled that number out of a hat. Today, I accurately measure #Nigeria ’s inflation at 29.45%/yr. That’s almost triple the President’s finger in the wind forecast.
We’re probably about 3 months or so away from the entire Republican Party, the conservative movement, the business press and many commentators becoming *obsessed* with deficits, inflation and tightening monetary policy.
Hearing that Iran is looking to execute a great and popular wrestling star, 27-year-old Navid Afkarai, whose sole act was an anti-government demonstration on the streets. They were protesting the “country’s worsening economic situation and inflation”...