KPMG chief economist Diane Swonk and Fitz-Gerald Group principal Keith Fitz-Gerald discuss how investors should interpret the Fed's latest rate hike on"The Claman Countdown."
across the globe. The signs include an unexpected jump in the Spanish inflation rate after a five-month period of slowing price growth, on top of increases in the consumer price gauges in Australia, Japan and Italy. published in January that suggests inflation has become more synchronized globally and is driven by many of the same factors, including housing, energy and transportation. The study indicates that if inflation spikes in several developed nations, it is likely to rise in the U.S.
Emons also predicted that China's tourism will directly influence the next wave of inflation. Before the pandemic locked down most of the world, China was one of the biggest contributors to global tourism. In 2019, Beijing was actually the leading global spender in international travel with 155 million tourists spending more than a quarter of a trillion dollars overseas."There’s clearly a link here between what happens in China and what happens in Japan or Spain or Italy or the U.S.
Gas prices are already rising again, and food and rent prices have never stopped going up the only reason the inflation number appeared to be going down was because people have played with gas prices like Joe releasing oil from our reserves, states suspending the gas tax
Is vaccine giving people Covid again. How do you know what’s in the vaccine. Most vaccines give you the disease in a small quantity to give you immunity. Is the vaccine giving you a larger quantity than usual. To give you Covid so you take the vaccine again. never ending💰💰💰💰
Let's go communist scum.
Let’s Go Brandon
The Fed printed more money, thereby devaluing the currency already in circulation (inflation), and the Fed raised interest rates as an excuse for all the Inflation it created. America is a victim of the Fed.