Top Tweets for #PersistentInflation
Fed Says Most Policymakers See Risks Tariffs Will Cause ‘Persistent’ inflation...
>> https://t.co/TwNlZV9997 <<
#Inflation #Tariffs #TrumpTariffs #PersistentInflation #FT #FinancialTimes #FedPrimeRate #Money #USA #American #DJT #InflationCrisis
VIA: >> @financialtimes <<
Someone at the #FOMC has some brains.
Everyone else is in panic mode, I guess.
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#federalreserve #fed #jeromepowell #ratecuts #interestratecuts #septemberratecut #septemberfomc #inflation #highinflation #stubborninflation #persistentinflation
The Federal Reserve cut rates by 50 bps.
The median projection has two more 25 bps rate cuts in 2024, for a total of 100 bps this year.
Fed governor Miki Bowman dissented in favor of a smaller 25 bps cut. It's the first dissent by a *governor* since 2005.

The #FederalOpenMarketCommittee (#FOMC) releases its statement and #interestratecut at 2 PM Eastern.
#federalreserve #fed #jeromepowell #ratecuts #interestratecuts #septemberratecut #septemberfomc #inflation #highinflation #stubborninflation #persistentinflation
The value of the #BritishPoundSterling hits a new yearly high relative to the #USDollar as #InterestRates stay #HigherForLonger due to #PersistentInflation, making #RateCuts unlikely in the short term.
#AugustRateCuts #BritishPound #PoundSterling #BritishCurrency #UKCurrency #BankofEngland #FederalReserve

Just In: US PCE Price Index Rises, Exceeding Core Forecasts; Bitcoin and Crypto Markets Show Mixed Reactions #News #USPCEPRICEINDEX #PERSISTENTINFLATION #BITCOIN #CRYPTOMARKETS https://t.co/H6tC2cObqn
Said that recent economic data pointed to a #PersistentInflation that may "warrant further tightening of monetary policy" to cool down prices. Meanwhile, the final readings of the #MichiganConsumerSentimentIndex was posted at 69.5 for August, against 71.2 forecasted.👇

We have entered a new kind of inflation, persistent inflation.
#persistentinflation

#PersistentInflation Threatens Biden’s Agenda https://t.co/X0yBjx3UEM
U.S. inflation accelerated last month and remained at its highest rate in over a decade, with price increases rippling through the economy https://t.co/MKjH0J3C1z via @WSJ
#PersistentInflation not #TransitoryInflation #HigherPrices
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