USA remains in a disinflationary environment \ stacker news ~econ

USA remains in a disinflationary environment

358 sats \ 13 comments \ @TomK 25 Jul econ

The latest figures from trueflation's inflation calculator continue to point to disinflationary figures in the USA. This is a good barometer for assessing where the journey is heading ahead of the publication of important inflation data. The current data should provide the Federal Reserve with the legitimacy to cut interest rates very soon.

Source: @trueflation on X

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98 sats \ 3 replies \ @Coinsreporter 25 Jul

It's seems now that USA are deliberately holding rates where they are. I don't know exactly but it may be beneficial for dollar against other major currencies temporarily. But in the long run and for their own economy, they should cut the rates very soon.

11 sats \ 2 replies \ @TomK OP 25 Jul

Interest rate cuts only help in the short term. in the long term, the bond market determines the interest rate anyway, measured by the level of debt and the productivity of the economy. i am absolutely in favor of the United States returning to regional interest rate levels to a system that is as decentralized as possible and not orienting itself to short-term whining in the banking sector. It is also important to assert ourselves in the international competition between currencies, especially against the increasingly socialist eurozone.

58 sats \ 1 reply \ @Coinsreporter 25 Jul

So, America is doing the right thing at the moment. They are the world's greatest economy not for nothing. They know somethings better than all others. Also, I'm of the view that America has been using EU for its benifit in this world of selfishness.

11 sats \ 0 replies \ @TomK OP 25 Jul

yes, with the independence movement of the federal reserve, the establishment of sofr, the americans have done some things right. and i believe that a new government will also find its way back to a rational economic policy, lower taxes and above all lower government spending. as far as the EU is concerned, the Europeans have actually always used the Americans for their own purposes, when they got themselves into a crisis they could rely on getting the bailout indirectly via the London banking sector etc. now they are still desperately trying to drag the Americans into their war in Ukraine, that should no longer work when Trump is president. hence the panic in Europe

69 sats \ 1 reply \ @Athena 25 Jul

It's your second post about USA today. You seem to be very much positive about USA.what I can see is an economy driven by war propoganda!

0 sats \ 0 replies \ @TomK OP 25 Jul

i think that the geopolitical 'war' will be won by those who trust the free market economy and the free individual and can cast this into the right legal framework. i believe that this will be the USA. now under this regime, of course, the military industrial complex and a sham economy prevail. but that will soon change, hopefully!

68 sats \ 0 replies \ @halalmoney 25 Jul

Get your long-duration popcorn ready….

‘At this month’s meeting, the BOJ will also release details of a quantitative tightening plan on how it will taper its huge bond buying in the coming one to two years, and shrink its nearly $5 trillion balance sheet.

The BOJ is likely to taper its bond purchases gradually in several stages at a pace roughly in line with dominant market views, to avoid causing an unwelcome spike in yields, the sources said.

That heightens the chance the BOJ would roughly halve monthly bond purchases in 1-1/2 to two years’ time - a pace advocated by a sizeable number of participants in a meeting last week between the bank and financial institutions.’

https://www.cnbc.com/2024/07/25/boj-to-weigh-rate-hike-next-week-detail-plan-to-halve-bond-buying-reuters.html

47 sats \ 2 replies \ @BitcoinAbhi 25 Jul

Does US Fed really work on the basis of such indicators? I believe they don't. They would only do when they want.

11 sats \ 1 reply \ @TomK OP 25 Jul

They are following their own agenda, which is 'selling' USD which need to be more stable than the rest of the shitcoins.

47 sats \ 0 replies \ @BitcoinAbhi 25 Jul

Yes , they have their own agenda and they can 'downzap' anyone to propel it towards their benifit.

47 sats \ 0 replies \ @Undisciplined 25 Jul

I think this will depend on whether they want Kamala in the Oval Office or if she's a sacrificial lamb. My guess is that they're going to let the correction happen, so that Kamala loses and Trump has to deal with the mess, rather than do what he wants to do.

47 sats \ 1 reply \ @Satosora 25 Jul

I thought it was a lot higher than 1.68%? They are going to cut interest rates and squeeze more money from all the little folks?

0 sats \ 0 replies \ @TomK OP 25 Jul

Yep. That's the plan