It was the highest inflation rate since July, due to a jump in prices of food and a faster rise in cost of transport while housing inflation was steady. It marked the highest food inflation in five months, mainly driven by prices of vegetables 3 percent vs Also, cost advanced faster for: Meantime, cost continued to fall for:
Pentonomics Global Central Banks Enter the Danger Zone Investors are experiencing huge moves in commodities, currencies, equities and in sovereign debt across the globe.
And now the fall has arrived. Expect the volatility currently witnessed in markets to only surge. Global Central Banks Enter the Danger Zone October 1st, Investors are experiencing huge moves in commodities, currencies, equities and in sovereign debt across the globe.
This is because global central banks have overwhelmingly turned hawkish in a vain attempt to gradually let the air out of the massive bubbles they have spent the Inflation rate in malaysia from 2000 to 2012 decade recreating. And, most importantly, predicted it would stay above that neutral rate for two years—keeping it at the 3.
It also indicated that December would be the next rate hike and that three more hikes are on the agenda for Nevertheless, the Fed is now caught in a hydraulic press of its own making; and is completely unaware of the predicament it is in.
And now inflation, when measured by core CPI, is up 2. Even though the Fed emphasizes the Personal Consumption Expenditure inflation rate rather than Consumer Price Inflation, it is still aware that inflation is rising above its target.
Therefore, its own inflation models—however irrelevant and useless they may be—are compelling the Fed to keep on raising rates. But because inflation is a lagging indicator, the Fed will keep on hiking rates until the next economic downturn is well underway. However, since asset bubbles and debt levels have never been more disconnected from reality, the next economic downturn should quickly morph into a depression rather than just a normal recession.
One of the fatuous goals of central banks is to place interest rates at a level that is neither stimulative to inflation or a depressant to job growth—the real interest rate where the economy is at an equilibrium. Only a free-floating and market-based interest rate can accomplish this task.
For a central bank to usurp this process is both futile and dangerous. But the Fed has already hiked to the point in which the global economy has started to falter. The discrepancy between U. Thus, delaying the deflationary impact of reverse QE.
Also, 14 of the most important global central banks are in a rate hiking mode, while only 5 currently hold a dovish monetary policy stance. In other words, the private sector must step in to supplant government purchases or interest rates will simply skyrocket.
The amount of Publicly Traded Debt in the U. Meanwhile, central banks will keep on hiking rates until asset prices and economic growth come crashing down around the globe.
The truth is the global economy has become one giant central bank shell game; consisting of perpetually rising asset prices that have been supported by consistently falling interest rates.
Interest rates that hover around zero percent have become mandatory to support surging debt loads. Now that QE is ending and interest rates are rising, the whole artificial construct has started to implode. It is now very likely that the NYSE will suffer through one or more of what is known as circuit breaker days.
With trillions of investment dollars being moved from the active management style of investing to the passive and indexed ETF variety over the past few years, there is virtually nothing to offset the avalanche of sell orders and plunging stock prices once the panic begins.
Time is running out to garner an active strategy that hedges your investments and seeks to protect your wealth from the coming deflationary wipeout.
Prior to this event, Lehman had reported record earnings every year from to The Street believed the company to be infallible. Analysts held on to hope until the bitter end. Their mantra went something like this, "nothing to see here, this is a small correction in a small section of the housing market that has little effect on the overall economy.
Five days before the sale, a CNBC host who loves to play with buttons fervently advised a viewer to leave his money in the firm, insisting it would be silly to make a sale at current values.
The Lehman case became the largest bankruptcy filing in history, surpassing other bankrupt giants such as WorldCom and Enron.
In just one day AIG was basically insolvent. Remember, the same types of loans Wall Street and the Fed assured investors were rock solid. On September 21st Goldman Sachs and Morgan Stanley, the last two independent investment banks, become bank holding companies, so they could compete for deposits with commercial banks and better ensure their solvency.
Upon de-boarded, they discovered that the Fed had seized their bank assets and sold them to JPMorgan Chase; marking it the biggest U. Also occurring in that infamous month of September was the placing into conservatorship of both Fannie Mae and Freddie Mac; those two giant government sponsored enterprises that would have gone bankrupt without a taxpayer bailout.
October saw Wells Fargo, the biggest U. When the dust settled, the government exited the mergers and acquisitions business and did what it does best--namely, create a scheme to monetize debt and re-inflate asset prices.
The first round of Quantitative Easing--a form of government-sponsored counterfeiting--was announced on November 25, Then Fed Chair Ben Bernanke saw no bubbles or risk for the broader economy, even as subprime mortgages started to collapse. And, even if one does exists, it poses no threat to the overall economy whatsoever.In the past 30 years, Malaysia has successfully curtailed high poverty rates and reduced income inequalities.
Its goal is to attain high income status by while ensuring that growth is sustainable. Flickr Economists on Wall Street are out with their recommendations for A few have come out with calls for But one, HSBC, is out with a call for "The World in ," a new report.
With member countries, staff from more countries, and offices in over locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and .
Inflation affects everything around us, from basic necessities like housing, food, medical care and utilities to the cost of cosmetics and new automobiles. Furthermore, inflation can effortlessly.
UNICEF is committed to doing all it can to achieve the Sustainable Development Goals (SDGs), in partnership with governments, civil society, business, academia and the United Nations family – and especially children and young people. Figure 1 Malaysia inflation rate increases. Source: vetconnexx.com Historically, from until , Malaysia Inflation Rate averaged Percent reaching an all time high of Percent in July of and a record low of Percent in July of