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The Fed’s Favorite Inflation Measure Leapfrogs the CPI

The Fed’s Favorite Inflation Measure Leapfrogs the CPI

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San Francisco Fed’s Daly: AI’s Future Is Job Augmentation and Creation, Not Destruction

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Core Inflation Softens, but the Final Mile to 2% Remains Sticky

Australian Dollar Breaks Out As Economic Winds Blow Toward Rate Hikes

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The Fed’s Labor Market Divide Is Hardening Against Rate Cuts

Gold hits all-time high. Again.

By writejesse November 24, 2009 #gld

Fed officials continue to tell us that inflation is contained, yet the price of gold continues to soar. Here’s the daily chart for streetTRACKS Gold Trust exchange-traded fund (ticker symbol GLD):

Note that GLD has risen in seven out of the last seven trading days.

By writejesse

commodities CPI gold PCE

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Australia commodities CPI Currencies Economy iron ore Monetary Policy

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