US inflation shoots up Jan 2022, very jialat!
#1

New York City in this new year 2022,

1. Home rental rises 23%. Median US$3,476. 

2. electricity bill  rises 11.2%. Unit electricity rises from 6c to 18c.   

3. Gas cost rises 18.2%.   


[Image: Inflation03.png]

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#2

Assmerica desperately needs a war but Sleepy Joe got no guts to declare war!  Rotfl
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#3

No problem lah. They are not too worried.   The economy is still growing.   The rise in interest rate will tame it and it will come in March.  China was having 30% inflation rate in 1995


source: tradingeconomics.com
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#4

(13-02-2022, 11:37 PM)revealer Wrote:  No problem lah. They are not too worried. 


https://www.reuters.com/business/feds-lo...022-02-10/

Fed's loudest hawk ramps up odds for monster rate hike after hot inflation data

NEW YORK, Feb 10 (Reuters) - Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at next month's meeting after hawkish comments from St. Louis Fed President James Bullard and following hotter-than-expected U.S. consumer prices data for January.

In late afternoon trading, rate futures showed a 62% chance that the Fed will raise interest rates by 50 basis points in March following Bullard's remarks, from a 30% chance late on Wednesday . For the year, futures have priced in 164 basis points of policy tightening.


But, they can't wait till March!

Tomorrow (14 Feb) having emergency meeting!   Laughing


https://www.federalreserve.gov/aboutthef...closed.htm
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