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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%.
【頭條開講】拜登坦承通膨害民CPI7.5%!美家庭債務暴增一兆!房價車價逼死小民!美國人快逃?拜登喊美俄若開戰!沒有撤僑這回事!@頭條開講 20220211完整版 - YouTube
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Assmerica desperately needs a war but Sleepy Joe got no guts to declare war!
(This post was last modified: 13-02-2022, 11:24 PM by
cityhantam.)
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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
(This post was last modified: 13-02-2022, 11:41 PM by
revealer.)
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(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!
https://www.federalreserve.gov/aboutthef...closed.htm
(This post was last modified: 13-02-2022, 11:56 PM by
cityhantam.)