Hey just imagine all this economic turmoil with massive inflation - (like the way it was about 6 weeks ago.)
Market Watch: Housing starts expected to hit half-century low - Consumer prices falling at fastest pace in 60 years, economists say
Few observers have ever seen anything like the economic data that will be released in the coming week, with the consumer price index and housing starts each expected to breach records dating back to the late 1940s.
As the economic slump has spread around the globe, commodity prices have plummeted. The Federal Reserve no longer considers inflation to be much of a worry, and no wonder: The consumer price index is expected to fall 0.9% in October, the biggest one-month decline since the government began tracking the CPI in 1947.
No comments:
Post a Comment