2 Big Reasons That Interest Rates Will Stall Around 2%

Corn Prices Hit 7-Year Highs What a headline! Mr. and Ms. Market could handle a spiking M2. They could turn a blind eye to higher 10-year yields. But now, JP has really backed himself into a corner. Fed Chair Jay Powell has lit a fire under corn prices , of all things: That Ain’t Crypto—That’s Corn “This is how inflation starts,” the pundits say. Higher commodity prices drive the Producer Price Index (PPI) up. Consumers (you and I) pay more at the grocery store, and this is reflected in a jump in the CPI ( Consumer Price Index). And the CPI, of course, is the inflation calculator used by the government.… Read more
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