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The price of diesel, competition, and technological innovation are among the factors tamping down inflation in some sectors of this economy.
The producer price index rose 1.3% in September — the largest monthly jump since 2022 — driven largely by energy costs.
The high price of diesel might start showing up in what you pay for fresh vegetables and more.
Prices in September increased 3.7% from last year. Has the energy price dumpster fire spread to the rest of the economy?
And the mere fact that they’re expecting inflation could be enough to cause higher prices.
In August, headline inflation was up 0.3 percentage points from the month before, measuring a steady 3.4% year over year.
Fed Chair Kevin Warsh thinks Fed officials have tipped their hand too much in the past about their future plans for interest rates. But he hasn’t been able to keep everybody else quiet.
When fiscal dominance is happening, monetary policymakers defer to the interests of fiscal policymakers.
This isn’t the effect that the administration hoped the import taxes would have.
Higher interest rates will mean higher return on U.S. investments — but in order to invest in the U.S., you need U.S. dollars.