Inflation/Price Increase

[Todd]

January inflation hits 6.4%, missing analysts' expectations for a faster slowdown

Contractionary monetary policy is working as intended, though more is required.  Keep up the good work, JPow. 

[Pohjolas Daughter]

Staggering to see the increases over the past few months in terms of egg prices (due to Avian flu and other factors).   

Anyone here thinking of raising there own chickens?  Or are buying eggs off of friends?

PD

[DavidW]

While prices on eggs are definitely high now, I just suck it up.  At the end of the day paying $6 for a dozen eggs is not exactly on par with having steak or lobster with every meal.  I just see it as a mild inconvenience.

[Todd]

Fed can't tame inflation without 'significantly' more hikes that will cause a recession, paper says

JPow needs to channel his inner Volcker.

[Todd]

From the Financial Times: ECB must do more to tackle inflation 'monster', says Christine Lagarde

Christy went from "Inflation is largely transitory" to "inflation is a monster that we need to knock on the head".  How about that? 

[Dry Brett Kavanaugh]

US inflation below 5% for first time in two years.


https://www.bbc.com/news/business-65547974