Europe
Germany strikes halt transport systems
Airports, bus and train terminals across Germany were shut down on Monday.
Americans
Curbing Inflation may be an illusion
Americans continue to feel pain in their pockets despite the Biden administration’s assurances.
Core Personal Consumption Expenditures Index
One-on-one with President of Elite Group Retirement Services, Randy Sevcik
A hot inflation report out today shows Americans made less money, spent less, and saved less.
businesses
One-on-one with Wealth Advisor with TACTIVE, Eddy Gifford
Eyes are on another hot inflation measure out today, the Producer Price Index.
Consumer Price Index
Economist Discusses January’s Inflation Report
The Consumer Price Index report for January shows inflation cooled to 6.4% from a year ago. However, month-over-month, prices have risen by 0.5% compared to December.
Anthony Saccaro
One-on-one with President of Providence Financial and Insurance Services, Anthony Saccaro
A key economic figure out today, the Consumer Price Index, shows inflation eased.
highest rate
One-on-one with President and owner of Johnson Wealth and Income Management, Matthew Johnson
The Federal Reserve raises interest rates by 0.25% putting the benchmark rate between 4.5% and 4.75%. That’s the highest rate since 2007, but it’s the smallest rate increase in almost a year.
Deflect
Biden deflects blame for inflation
President Joe Biden said he takes no responsibility for the ongoing inflation on Friday.
Bob Hughes
Senior Economist Discusses Inflation, State of the Economy
The latest Consumer Price Index report shows inflation is up 6.5% from a year ago. However, month-over-month, inflation slightly cooled by 0.1% from November.