Inflation falling below target in Japan - world's 3rd largest economy. Throw in zero inflation in China, 2.4% inflation in Eurozone... it's time for that Bex, tea & a good lie down. The US is the odd one out - linked to the crazed fiscal position of the Biden administration
Inflation falling below target in Japan - world's 3rd largest economy. Throw in zero inflation in China, 2.4% inflation in Eurozone... it's time for that Bex, tea & a good lie down. The US is the odd one out - linked to the crazed fiscal position of the Biden administration
@TheKouk Can we draw a connection with rates of immigration 🤔
@TheKouk Same problem with Australia. Government working against the RBA and spending like drunken sailors. Ramp up migration to bring in more money. If both of above was managed then inflation will be under control 👍
@TheKouk US budget deficit is over $34 trillion… don’t think inflation will settle down anytime soon over there.
@TheKouk Yet IMF has advised Japan to start austerity measures???
@TheKouk Whoever named USAs “The Inflation Reduction Act” was surely taking the piss.
@TheKouk Might want to look at the economic growth and unemployment data in each of those regions. EU economies should not be something we aspire to.
@TheKouk When the US is the Worlds most important economy and US 10 yr is the risk free rate of return, everything else is secondary. If the Fed has to raise rates on higher inflation that will swamp every other date point
@TheKouk I thought the inflation reduction act was the work of a genius…Paul Krugman said so