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๐Ÿ“ˆ Macroeconomics

Federal Reserve Alert! Kansas City Fed President Esther George: "These large moves in the policy rate are likely to increase uncertainty around future policy action."

Source: https://www.spglobal.com/ratings/en/events/webcasts/north-american-leveraged-finance-poolside-chat-october-14 "These large moves in the policy rate are likely to increase uncertainty around future policy action. to the extent we can minimize this policy uncertainty during a time of heightened market volatility I think is particularly important" "
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Inflation Alert! UMich: 'Continued uncertainty over the future trajectory of prices, economies, and financial markets around the world indicate a bumpy road ahead for consumers. The median expected year-ahead inflation rate rose to 5.1%

Source The median expected year-ahead inflation rate rose to 5.1%, with increases reported across age, income, and education. Last month, long run inflation expectations fell below the narrow 2.9-3.1% range for the first time since July 2021, but since then expectations have returned to that range at
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

New Zealand's consumer inflation outpaced expectations in the third quarter and remains at historically high levels amid widespread price pressures. Annual inflation rose to 7.2% in the third quarter.

New Zealand's consumer inflation outpaced expectations in the third quarter and remains at historically high levels amid widespread price pressures. Annual inflation rose to 7.2% in the third quarter, slowing from 7.3% in the second quarter and sits just below three-decade highs. Source: https://web.archive.
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Inflation Alert! Social Security benefits and Supplemental Security Income payments for approximately 70 million Americans will increase 8.7 % in 2023, Social Security announced today.

Source: https://www.ssa.gov/news/press/releases/2022 The Social Security Act ties the annual COLA to the increase in the Consumer Price Index as determined by the Department of Laborโ€™s Bureau of Labor Statistics. July FOMC Minutes: 'Apparent absence of a wage-price spiral.' Yesterday'
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Federal Reserve Alert! 'Primary Credit' (the principal safety valve for ensuring adequate liquidity in the banking system) jumped to $7.669B for the week of October 12th, a change of 2.10% from last week and 1.87K% from 1 year ago--an average growth rate

Good Thursday r/superstonk! Neighborhood jellyfish here and I would like to discuss, 'Primary Credit'--the principal safety valve for ensuring adequate liquidity in the banking system that has banks borrowing cash from the Fed at 3.25% to the tune of $7.669 billion this week a
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics