Gold News Hubb
Advertisement Banner
  • Home
  • News
  • Gold Mining
  • Contact
No Result
View All Result
  • Home
  • News
  • Gold Mining
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home News

Peak inflation? The new dilemma for central banks

admin by admin
December 20, 2022
in News


Financial Times/Chris Giles, Colby Smith and Martin Arnold/12-17-2022

“Headline inflation has almost certainly peaked and will fall next year, but officials are far from certain that the underlying inflationary pressures will also disappear. Their worry is that inflation will take too long to fall back to their hoped-for 2 percent targets and might stick at a rate considerably higher.”

USAGOLD note: Given the fact that the financial press was caught completely off-guard when inflation rocketed higher last year, one wonders if it is being hasty by declaring it has already peaked. Goldman Sachs is calling for a 43% gain in commodity prices next year – much of it centered around energy and industrial metals. If the reality is anywhere near the prediction, it is likely to drive retail inflation much higher. Only the timing is in question. Peak anything in an inflationary environment is a pipe dream – including inflation itself. We should keep in mind that the current inflation is the product of the largest money-printing binge in history, and most, if not all, the global central banks participated. You can’t just wish that away.

United States Money Supply
(M2)


Sources: St. Louis Federal Reserve, Board of Governors of the Federal Reserve System

Share

This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.



Source link

Previous Post

ECB Insists on Deflation – Deflation.com

Next Post

Silver and Gold! Or Peppermint?

Next Post

Silver and Gold! Or Peppermint?

Recommended

Sea Change | Today’s top gold news and opinion

2 months ago

Markets are waking up to the notion that inflation hasn’t peaked

5 months ago

© 2022 Gold News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Gold Mining
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Gold Mining
  • Contact

© 2022 Gold News Hubb All rights reserved.