Wayne I've just finished a fencing quote and because "I can" also put up the metre rate by about $5, knowing full well that the opposition, of which there isn't much, will still be a lot dearer than me.What do we all think of inflation at the ground level? To be honest I'm not seeing any accelerating inflation in the last few weeks and my area of the economy.
... Notwithstanding the totally ridiculous inflation in home building costs.
I've put prices up because I can and I can tell you it is well above the rate of inflation... But it is pretty much catch up.
yes , i remember a time when a 5% ( but calculated differently ) annual rise was considered normal , and even desired as 'healthy growth 'Some may say it is greed, but I call it catch up from the past coupke of years.
It kind of depends but one thing I've noticed is how ridiculously expensive food (not necessarily supermarket, but just going out for a meal) has become.What do we all think of inflation at the ground level? To be honest I'm not seeing any accelerating inflation in the last few weeks and my area of the economy.
... Notwithstanding the totally ridiculous inflation in home building costs.
I've put prices up because I can and I can tell you it is well above the rate of inflation... But it is pretty much catch up.
- from the ignorer rant.It kind of depends but one thing I've noticed is how ridiculously expensive food (not necessarily supermarket, but just going out for a...
Yeah, but all the rises were some time ago in my usual foodie haunts and yes they were steep.It kind of depends but one thing I've noticed is how ridiculously expensive food (not necessarily supermarket, but just going out for a meal) has become.
Not only have prices gone higher but the much more significant difference (that I've noticed, at least) is that portions have shrunk dramatically.
I'm now having to order double serves of almost anything in order to actually get fed properly - and thiris is not at wanky expensive places, I'm talking everyman pub food, burger joints, kebabs etc etc.
well NZ did hike fairly hard this month , maybe they are leading the wayUS 3 month now at 5.3%... If this continues then that's more than just a 25bps hike
Maybe, but probably not.well NZ did hike fairly hard this month , maybe they are leading the way
Hello @waterbottleNZ inflation turning a corner, now posting 6.7%. Peak of 7.3% in July 2022!
most likely theatre with a dose of political blackmail , with the GoP trying to look strong without forcing the nation into a default , every chance of various back-door deals included in the bill , knowing there is a Presidential election next yearAlso there's the impasse on the debt ceiling...
most likely theatre with a dose of political blackmail , with the GoP trying to look strong without forcing the nation into a default , every chance of various back-door deals included in the bill , knowing there is a Presidential election next year
the GoP can't risk losing seats in either house just in case a Republican President is elected ( remember some GoP hate Trump as much as the left does , so being too tough on the debt ceiling leaves extra chances for populist Republicans or 3rd party candidates , however i do have a strategy just in case of a total impasse
i suspect a last-minute bill full or 'earmarks ' for stuff the voters would never agree to ( it has happened before several times )
am a bit out of touch with chips but did Nvda ever get around to making CPUs ??Surely nvda is a screaming short. Just because AI is hot right now doesn't justify that value.
Or am I missing something?
Surely nvda is a screaming short. Just because AI is hot right now doesn't justify that value.
Or am I missing something?
Surely nvda is a screaming short. Just because AI is hot right now doesn't justify that value.
Or am I missing something?
pressure from elsewhere removed , perhaps ??Fed’s Mester says rates need to rise above 5%, reserves judgement for next policy meeting
The Cleveland Fed president wants rates above 5% but will wait until the next policy meeting to decide on another hike.finance.yahoo.com
Why is it that when they become non-voting members they suddenly become more hawkish?
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