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Posts Tagged: “energy costs“
Gold Rallies as December Inflation Prompts Unease
Gold futures soared on the back of yesterday’s December’s Consumer Price Index (CPI) data, climbing by $29.50 (1.10%) to settle at $2,722.60 for the most active February contract. The U.S. Bureau of Labor Statistics revealed that overall inflation rose 0.4% in December—exceeding November’s 0.3% pace and slightly above economists’ consensus of 0.3%. On an annual […]
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Shock Therapy: Reforming U.S. Energy
In an era of global uncertainty and volatile energy markets, the United States stands at a crossroads. Our nation’s energy policy has long been a patchwork of regulations, subsidies, and political compromises that have stifled innovation and hindered our path to true energy independence. It’s time for a bold new approach: unleashing the power of […]
Six of Eight Fed Inflation Categories are Above the 12-month Trend
This analysis takes the BLS inflation data and recalculates the percentage changes at the category level to get unrounded numbers. The total number ties to the BLS, but it gives more detail at the granular level.