Paris’s blue-chip CAC 40 lost 2.7 percent on Friday, Frankfurt’s DAX index was down 3.1 percent, Milan’s FTSE MIB shed 5.1 percent, Madrid’s IBEX tumbled 3.7 percent and London’s FTSE dropped by 2.1 percent.
The data had been eagerly anticipated as investors hungrily look for clues as to the direction of US interest rates at next week’s meeting of the Federal Reserve. But Osborne believes the Fed will go with its original plan, considering a bigger increase would look “panicky.” “Warning signs about the economy are emerging as weekly jobless claims are starting to rise, China’s Covid situation will prove troublesome for supply chains over the next couple of quarters, and as inflationary pressures broaden and show no sign of easing,” said Edward Moya, analyst at OANDA trading group.
Actually, if you calculate Carter’s inflation the way we are calculating it today (adjusted to look better), Carter’s inflation would have been 9.3%. Bidenflation is 8.6%. No wonder everything is going to hell. LetsGoBrandon
No end in sight for gas prices to keep going up
Bidenflation is BY DESIGN. By lowering the value of the dollar, PRESTO… now the $30T deficit the USA owes isn’t as bad as when $100 was “worth” $100‼️RETWEET IF YOU UNDERSTAND THIS SIMPLE/DEVIOUS PLAY‼️
I am out here in the real world, and I am telling you MOST people believe the lies. Example: 'The reason gas is expensive and there is inflation is price gouging by corporations.'.... I am telling you, the U.S.A. has NO CHANCE to survive. 'Idiocracy' is real, and is here.
Nana pelosi not worried already cashed out.
Remember when Biden said this? “Vladimir Putin doesn’t want me to be President,” he tweeted in February of 2020. “He doesn’t want me to be our nominee. If you’re wondering why — it’s because I’m the only person in this field who’s ever gone toe-to-toe with him.” 😂😂
'Much higher than expected' Who by this point is 'surprised' by this inflation hit, when you're filling up a gas tank and paying 4x the price to fill up compared to 2 years ago.
I don't believe the biden administration did not expect this level of inflation, or the recession coming later this year. I believe they are promoting it to advance their agendas.
Very partisan headline
Sad... and he has no clue the consequences of his destruction to the American people and economy.
But hey, saved $.16 on July 4 lunch a year ago.
Why was protection for the Capitol restricted in this memo
Democrats have no intention of helping us. Biden says we are transitioning to a 3rd world country