Annual Inflation Increased Very Slightly Annual Inflation rose from 1.31% in August to 1.37% in September. CPI Index rose from 259.918 in August to 260.280 in September. Monthly Inflation for August was 0.32%, for September it was 0.14. The FED holds steady on Assets and FED Funds Rates. Next release November 12th Annual inflation for the 12 months ending in September was 1.37% The CPI index itself was up from 259.918 in August to 260.280. Resulting in a monthly inflation rate of 0.14%. Annual inflation for the 12 months ending in September was up almost imperceptibly from 1.31% to 1.37%. This is a rebound from an astonishingly … [Read more...]
Inflation Quintuples… Still Below 1%
Annual Inflation Rebounds Annual Inflation rose to 0.65%. CPI Index rose from 256.394 in May to 257.797 in June. Monthly Inflation for June was 0.55%, May was 0.002%, April was -0.67%, March was -0.22%, February was 0.27%. The FED may be slowing its "Quantitative Easing" in an effort to prevent hyperinflation. FED Funds Rate up slightly but still remains near Zero. Next release August 12th The Bureau of Labor Statistics Released the Inflation Data for the 12 months ending in June on July 14th. Monthly Inflation SOARS to 0.55%. Annual inflation for the 12 months ending in June was 0.65%, May was 0.12%, April was 0.33%, March was 1.54% down sharply from February's … [Read more...]
April Inflation Near Zero
The U.S. Bureau of Labor Statistics (BLS) released its April Inflation report on May 12th, 2020, for the 12 months through the end of April 2020. Annual Inflation Down Sharply... Again! Inflation fell sharply to 0.33% in April from 1.54% in March, 2.33% in February and 2.49% in January. CPI Index in 258.115 in March fell to 256.389 in April. Monthly Inflation for April was -0.67%, March was -0.22%, February was 0.27% typically January through May are highly inflationary so this is VERY unusual. The FED has massively cranked up the "printing presses" using "Quantitative Easing" in an effort to stimulate the economy in the wake of COVID-19. FED Funds Rate down to near … [Read more...]
March Inflation Crashes
The U.S. Bureau of Labor Statistics (BLS) released its March Inflation report on April 10th, 2020, for the 12 months through the end of March 2020. Annual Inflation Down Sharply Inflation fell sharply to 1.54% in March from 2.33% in February and 2.49% in January. CPI Index in February was 258.679 and fell to 258.115 in March. Monthly Inflation for March was -0.22%, February was 0.27% typically January through May are highly inflationary so this was VERY unusual. The FED has massively cranked up the "printing presses" using "Quantitative Easing" in an effort to stimulate the economy in the wake of COVID-19. FED Funds Rate down sharply. Next release May 12th Annual … [Read more...]
September Inflation Virtually Unchanged
The U.S. Bureau of Labor Statistics (BLS) released its September Inflation report on October 10th, 2019, for the 12 months through the end of September 2019. Annual Inflation is Down Very Slightly Annual inflation in September was 1.71% virtually unchanged from August's 1.75%. Inflation has been in a narrow range throughout 2019. 1.79% in May, 1.81% in July, 1.65% in June, peaking at 2.00% in April. Inflation peaked at 2.95% in July 2018. The CPI-U index in September was 256.759 up from 256.558 in August. Monthly Inflation for September was 0.08%, August was -0.01%, July was 0.17%, June was virtually zero at 0.02%, May was 0.21%, April was 0.53%, March was 0.56%. … [Read more...]