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
Speaker Johnson Has No Understanding What He Is Doing and Is Playing With Fire–We Are Our Own Worst Enemy
BanksterCrime: by Tyler Durden Authored by James Rickards via Daily Reckoning, Almost 10 years ago, I sat in a secure conference room at the Pentagon…
Government Debt Stood Above $33 Trillion in Fiscal Year 2023 America’s Runaway Debt Scenario: $1,000,000,000,000 In Interest
BanksterCrime: by Tyler Durden Authored by Petr Svab via The Epoch Times (emphasis ours), The U.S. federal government has borrowed so much money that, over…
Six Big Banks Forced to Declare $9.3 Billion in Additional FDIC Expenses; Another Reason Their Talons Are Out for FDIC Chair Gruenberg
2 Peter 2:19 ESV They promise them freedom, but they themselves are slaves of corruption. For whatever overcomes a person, to that he is enslaved.…
Sexual Harassment at FDIC, Banking Rules Have Changed–America’s “Moral Authority”? What Does That Even Mean Anymore?
BanksterCrime: By Pam Martens and Russ Martens: Senator Cynthia Lummis (R-WY) Last Tuesday the U.S. Senate Banking Committee convened for a hearing to take testimony from…
Google Is Every Bit as Evil as the German Companies That Helped the Nazis
BanksterCrime: Along with Microsoft, Amazon, and many other IT companies, Google also works as a government contractor. Technology now rules the nation, not the government.…
