[expat_panama]

This is where we hear from all the gold vendors screaming that we know we got plenty of inflation because shadowstats says so and on top of that we're always spending to much on stuff...

[agere_contra]

We have significant inflation. Also: there isn’t going to be a meaningful rate hike.

No inflation? That’s Yahoo ‘news’ for you.

[TomGuy]

why are rates about to go up when there's no inflation?

Someone has been living with his head up his rear. No inflation? Compare the register tapes of today from those a year ago, 2 years ago, 5 years ago.

Inflation or prices increases abound.

Where prices have not risen on many products, product reduction has occurred. The size/weight has decreased while the price stayed the same.

[expat_panama]

Huh.  S&P posted another distribution day yesterday (down a couple tenths in slightly higher volume) bringing its count up to 7.  Metals continue sagging and today's futures see more sagging metals (-0.22%) but with soaring stocks (+0.79%!!!!).   On top of that ---

7:00 AM MBA Mortgage Index
8:15 AM ADP Employment Change
8:30 AM Trade Balance
10:00 AM ISM Services
10:30 AM Crude Inventories
 

[jdege]

I don't pay any attention to gold prices. But I do pay attention to grocery prices - and the idea that we're not seeing inflation is laughable.

Economists Say Inflation Is Tame; Consumers Aren't Buying It

[P.O.E.]

Take a walk past the beef section of the supermarket. That’s about all I can afford to do, is walk past it.

[Diana in Wisconsin]

“...Why are rates about to go up when there’s no inflation?”

HA! One of those lies along the lines of, ‘I’ll ALWAYS be faithful to you, Darling!” or, “No, those jeans don’t make your butt look big,” LOL!

No inflation? Yep. Sure. Whatever. ;)

[eyeamok]

when there’s no inflation?

Yahoo still having elementary school kids writing their financial articles I see.

[InterceptPoint]

Does anyone believe that inflation is at or near zero? Not me.

All that is happening is that the CPI gets "refined" each year to discover "greater value" in products that are rising in price.

How this applies to Hershey bar I'm at a loss to explain. But it works for iPhones, internet connections, automobiles and such.

And, if you actually go to restaurants or grocery stores you know the zero inflation story is total crap.

[fella]

Anyone who believes there is no inflation haven’t watched their utility or grocery bills for the last 7 years, live in their parents basement or are so rich that they have “people” to take care of that for them.

[moovova]

“...they are on the cusp of raising interest rates for the first time in almost a decade.”

They’ve BEEN on the cusp of raising rates for a decade.

Not to mention, a decade ago would’ve been THE appropriate time to raise mortgage rates to slow the housing bubble.

[BfloGuy]

The real problem is that we allow the government (through the Fed) to fix the rate of interest at all.

[Ohioan]

The writer has it all upside down. Interest rates have been artificially held down by "Quantitative Easing." Without getting into the question of whether this unnatural situation is justifiable, under either the present circumstances or any circumstances; his second implied premise--that there is no inflation, because there is little (measured) price inflation, being reported, is also upside down.

That quantitative easing has resulted in very considerable monetary inflation. The effect of that monetary inflation has been masked by a build up in Corporate reserves, some of them required by sensible regulations resulting from the aftermath of the 2008 debacle; but the price inflation figures, also are understated.