Category Archives: Inflation

Is the Federal Reserve really tightening? So far, not so much.

Quantitative tightening will have to ramp up in coming months if the Fed wants to bring U.S. inflation down. By David Enna, Tipswatch.com The basic monetary rule of the last two decades has been this: When the economy slips lower … Continue reading

Posted in Federal Reserve, Inflation | 25 Comments

A Greek-Italian restaurant can tell you a lot about real world inflation

By David Enna, Tipswatch.com Editor’s note: This is an updated version of an article I first wrote in 2017 and revised in 2021. There’s a restaurant in my hometown – Charlotte, N.C. – that has been in business continuously at … Continue reading

Posted in Inflation | 17 Comments

June inflation hits new highs: 1.3% for the month, 9.1% year over year

Annual inflation is now running at the hottest pace since 1981. By David Enna, Tipswatch.com Have we hit peak inflation yet? The answer is: we don’t know, because the June inflation report showed inflation surging ever higher, greatly exceeding already … Continue reading

Posted in I Bond, Inflation, Investing in TIPS, Social Security | 42 Comments

A 10-year TIPS is maturing Friday. How did it do as an investment?

Despite a real yield deeply negative to inflation, CUSIP 912828TE0 out-performed a nominal 10-year Treasury. By David Enna, Tipswatch.com Back on July 19, 2012, the U.S. Treasury auctioned a new 10-year TIPS, CUSIP 912828TE0, with a rather dire result: The … Continue reading

Posted in Inflation, Investing in TIPS | 7 Comments

5-year TIPS reopening auction gets a real yield of 0.362%, breaking a string of negative yields

By David Enna,Tipswatch.com Am I a bit disappointed? Sure, but … I’ll take it: This was the first 4- to 5-year TIPS auction to get a positive real yield since December 2019, breaking a string of nine consecutive auctions of … Continue reading

Posted in Inflation, Investing in TIPS | 19 Comments