Inflation impacts ultra-wealthy individuals in several unexpected ways beyond just rising prices. For one, inflation can actually boost the value of certain tangible assets that the wealthy often hold, such as art, collectibles, and real estate, while diminishing the value of their cash savings. Additionally, higher inflation can complicate tax situations, as gains on investments…
INFLATION HOLDS STEADY IN AUGUST U.S. inflation remained unchanged in August, matching the predictions of many economists. According to the latest government data, consumer prices continued to rise at a steady pace, indicating that inflationary pressures have not escalated further. This steady trend is seen as a sign that the Federal Reserve’s efforts to manage…
Rising inflation is significantly increasing the cost of homeownership, making it harder for many Americans to purchase a home. Higher prices for goods and services, combined with elevated mortgage interest rates, are stretching household budgets thin. As a result, both first-time buyers and existing homeowners are finding it increasingly challenging to afford monthly payments, property…
**PCE Inflation Rises in August** New data shows that the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, rose in August. Core PCE, which strips out volatile food and energy prices, increased 0.1% from the prior month and 3.9% over the past year. This marks a continued slowing in inflation’s…
Silver prices are expected to be highly influenced this week by the Federal Reserve’s upcoming decision regarding inflation. Market participants are watching closely for new data and commentary from the Fed, with the core PCE index likely to play a pivotal role in shaping expectations. If inflation remains persistent, it could prompt the Fed to…
**Federal Reserve Warns of Prolonged Inflation** According to a recent study by the Federal Reserve Bank of Cleveland, high inflation rates may linger for more than seven years following the COVID-19 pandemic. The report points out that inflation, which began accelerating in 2021 due to supply chain disruptions and increased consumer demand, might not return…
The video discusses the ongoing impact of inflation, analyzing how recent changes in monetary policy and supply chain dynamics have influenced prices across a variety of goods and services. It breaks down the main drivers behind current inflation trends, emphasizing how shifts in consumer demand and global events have contributed to rising costs for everyday…
India’s Consumer Price Index (CPI) inflation increased slightly to 2.07% in August, up from 1.86% recorded in July, according to government data. Despite the overall uptick, food inflation remained in the negative zone at -2.99%, continuing a trend of declining prices for food items. The government is closely monitoring these trends as low inflation offers…
**Trump Claims No Inflation Despite Rising Prices** Former President Donald Trump recently claimed that there is “no inflation,” contradicting recent economic data showing prices are in fact rising. Analysts point out that some of the factors driving current inflation can be traced back to policies implemented during Trump’s term, such as tariffs and stimulus spending,…
**Top Economist Torsten Slok Warns About Persistent Inflation** Torsten Slok, chief economist at Apollo Global Management, warned that inflation in the U.S. could remain high for much longer than markets and policymakers expect. Despite recent signs of easing, Slok emphasized that persistent pressures from wages, housing, and ongoing fiscal stimulus are likely to keep inflation…