Consumer Price Index Summary - 2022 M06 Results
www.bls.gov
9.1% Inflation (link)...
- Thread starter AgEngDawg
- Start date
www.bls.gov
a .75bps increase in the fed funds rate was a given before this number. Now a 1% increase at this months meeting has to be on the table.
This is what happens with liberal economic policies. Its devastating us all! Its raping your savings, crushing your 401k, and making everything you buy cost more. There are not many places to hide.
This is what happens with liberal economic policies. Its devastating us all! Its raping your savings, crushing your 401k, and making everything you buy cost more. There are not many places to hide.
Honestly they need to jump to 2.5% or more immediately to actually have any effect......but we know that wont happen. Hell, I expect at least 1 Dem to publicly call for stimulus to curb inflation...AGAIN.
These People Are Stupid......and hate America.
Chance for the chance of a 1% rate increase went from 14 to 43% chance right after the report came out
This is pre-open. Expect it to fluctuate during the day.
This "soft landing" isn't looking so soft
Younger people have no idea or recollection of peanut farmer running the country in to the dirt. They don't understand why Reagan is a Saint among the right.
CHYNA Joe is bringing the pain to the people he claims he represents
I'm not so sure just raising interest rates will do it. May need to deregulate all raw material suppliers to get back to booming
Is that the whitehouse having a party?
Thanks! awesome. I would be one of the ones that just lets fly 747 style!!
I though @BigBucnNole said inflation would be "transitory"
Democrats and the MSM have been talking about backing off the rate hikes so as not to collapse the job market.Honestly they need to jump to 2.5% or more immediately to actually have any effect......but we know that wont happen. Hell, I expect at least 1 Dem to publicly call for stimulus to curb inflation...AGAIN.
These People Are Stupid......and hate America.
They are openly stating that dealing with the inflation for the next 2-3 years would be better than hiking the rates farther and collapsing the job market.
50-50 chance of 100bps hike at next meeting
Australia just did that.Honestly they need to jump to 2.5% or more immediately to actually have any effect......but we know that wont happen. Hell, I expect at least 1 Dem to publicly call for stimulus to curb inflation...AGAIN.
These People Are Stupid......and hate America.
LOL. Those fuckers know how to have a good time don't they? Amazing animals.
62% chance of a 100 bps rate increase. Up from a 7% chance prior to the CPI number being released
This is really where the attention needs to be focused. Productivity enables cheap money without inflationary consequences. This presidential administration is too inept to know what their predecessors did.
Probabilities before the PPI number about to be released in a minute.
Next Fridays CPI number is going to be interesting. Many people thought CPI peaked last reading at ~9.1% but then the jobs number came in super hot which one could make the case would increase the CPI.
Inflation was expected to come in lower on this mornings CPI report due to gas prices having "dropped" since the last cpi reading. However, the actual CPI number came in higher, and much higher than expected, and the market as a whole immediately sold off ~3.25%
Thanks Biden.
Inflation is a tougher fight than most anticipated.
www.zerohedge.com
Thanks Biden.
Inflation is a tougher fight than most anticipated.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Only because Democrats have taken inflation's side in the fight.Inflation was expected to come in lower on this mornings CPI report due to gas prices having "dropped" since the last cpi reading. However, the actual CPI number came in higher, and much higher than expected, and the market as a whole immediately sold off ~3.25%
Thanks Biden.
Inflation is a tougher fight than most anticipated.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Brats have nearly doubled here. Used to buy a pack for around $4. They are almost $8 now
One might argue "THEY" have this under control..........
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