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Inflation Pump

Signals of Change Coming 2:56

Can’t Return To Normal 7:01

The Slide Down 10:08

Signals of change

Inflation heating in some areas but slowdown in others

Pain at the pump: Gas costs nearly $10 a gallon at this California station

https://www.fox5ny.com/news/gas-is-nearly-10-a-gallon-at-this-california

Oil Executives Sell Stock Like Crazy While Gas Prices Soak Americans

https://www.thedailybeast.com/oil-executives-sell-stock-like-crazy-while-gas-prices-soak-americans

U.S. car sales at 'recessionary levels;' inflation, interest rates are concerns - MarketWatch

https://www.marketwatch.com/story/u-s-car-sales-at-recessionary-levels-as-inflation-rising-interest-rate-concerns-increase-rbc-says-11654191935

Exclusive: Elon Musk wants to cut 10% of Tesla jobs | Reuters

https://www.reuters.com/technology/exclusive-musk-says-tesla-needs-cut-staff-by-10-pauses-all-hiring-2022-06-03/

Lumber Prices Slump With Rising Interest Rates - WSJ

https://www.wsj.com/articles/lumber-prices-slump-with-rising-interest-rates-11653835230

Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10% - MarketWatch

https://www.marketwatch.com/story/investors-may-be-in-for-this-rude-surprise-history-shows-inflation-can-take-years-to-return-to-normal-even-when-fed-hikes-above-10-11654192355

Blankfein Urges ‘Dial Back’ on Negativity Over Economy - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-03/blankfein-sees-riskier-times-but-economy-may-yet-land-softly?srnd=premium-canada

Toronto Home Prices Slide for Third Month on Higher Interest Rates - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-03/toronto-home-prices-drop-for-third-straight-month-as-rates-jump?srnd=premium-canada

Fed’s Mester May Back Half-Point September Rate Hike If Prices Don’t Cool - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-03/mester-may-back-half-point-september-hike-if-pri