Featured Story
Producer Prices rebounded MoM in May with headline Final Demand PPI rising 0.4% (against +0.1% exp) but it left PPI YoY still down 0.8%…
Source: Bloomberg
Some serious dispersion in the various sector’s price swings…
This rebound was driven by a record surge in food prices…
Source: Bloomberg
Two-thirds of the May increase in the index for final demand goods is attributable to a 40.4-percent jump in meat prices.
Source: Bloomberg
The indexes for gasoline, processed young chickens, light motor trucks, liquefied petroleum gas, and carbon steel scrap also moved higher.
Source: Bloomberg
Conversely, prices for chicken eggs fell 41.2 percent. The indexes for diesel fuel and for plastic resins and materials also decreased.
What will Jay Powell do now that average joe’s cost of living is soaring?
StevieRay Hansen
Editor, Bankster Crime
Don't Miss
Watchman: Mike Johnson, A Rock-Sold Conservative and Devout Evangelical Christian, Is a Beloved Friend of Those Who Cherish Religious Liberty and Religious Liberty. Satan Soldiers Hates This Man and Have Already Started Their Ruthless Attacks
BanksterCrime: The Opposition Is Already Viciously Attacking Speaker of the House Mike Johnson… New House Speaker Kicks Things Off With Crass Remark About His Wife…
The Data Missing from Wall Street Economists: Skyrocketing Disabilities and Injuries in U.S. Workforce After COVID-19 “Vaccines”
BanksterCrime: by Brian Shilhavy Editor, Health Impact News The word “unprecedented” is being used more and more in financial news stories these days to describe…
Federal Reserve, Any System That Is This Inherently Corrupt Will Eventually Collapse Under the Weight of Its Own Corruption
BanksterCrime: By Pam Martens and Russ Martens: FRED is a giant online database at the St. Louis Fed that allows anyone to graph the financial and…
Bank of America’s Unrealized Losses on HTM Debt Securities Total $106 Billion; 34 Percent of All Such Unrealized Losses Reported by 4,645 Banks
BanksterCrime: By Pam Martens and Russ Martens: September 26, 2023 ~ According to Bank of America’s federal regulatory filing known as the Call Report, for the…
JPMorgan Is Controlling Fossil Fuels Empire, Which Just Spilled a Million Gallons of Oil in Gulf of Mexico–This Gang of Chase Lowlifes Need to be Shut-down
BanksterCrime: By Pam Martens and Russ Martens: Tyson Slocum, Energy Program Director, Public Citizen The formidable Washington watchdog, Public Citizen, has trained its sights on JPMorgan…
