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Only 2.9% more to go until the Fed hits its target.
Inflation dropped to 4.9% from 5.2% a month earlier
Easton Ortiz
Luis Brown
>rose 4.9%
>price increases slowing
1+1=3
Justin James
They only want to slow down inflation. Wages never go down so basically once inflation keeps pace with wages then they'll stop
Robert Flores
i have 0 iq could the government intentionally attack the money in crypto and as a side effect tech companies to extract value to offset inflation could this inflation statistic be a direct result of the chaos in crypto space
Benjamin Cruz
Landon Peterson
op actually retarded
Jordan Gutierrez
Check out this video. It’s very important.
Easton Hughes
That increase in the core personal consumption expenditures price index was in line with expectations and reflected a slowing pace from the 5.2% reported in March.
>The number excludes volatile food and energy prices that have been a major contributor to inflation running around a 40-year peak.
Always kills me when BEA pulls this shit, they exclude the most important part of people's budgets in their measures, this is how they keep from publishing the real 20% inflation number. They're assuming the volitility of energy and food prices will suddenly go back to normal but nothing shows that this will happen
Noah Collins
Reminder that the cheese report is LITERALLY unstoppable facts.
cheesereporter.com
Butter is going up meaning inflation is fucking hard working americans in the bum hole.
Josiah Ross
>"the fed's favorite inflation measure"
how about the real inflation measure?
Noah Walker
if you replace butter with cottonseed oil you will find that inflation is actually quite low
Oliver Gomez
Don't eat butter
Kevin Jackson
Wait til you discover "quality adjustments" and substitutions
>X Y and Z products go up
>literally comb the grocery store for ANYTHING that didnt go up
>use that now
>car prices 3X in 20 years
>but car quality is up 3.1X
>i guess cars deflated :^)
Ryder Lopez
If you believe these CNBC niggers then stay retarded and goy
Mason Cox
Check 1970s chart, The moment inflation stopped exponentially moving the market surged, And that was at 20% inflation not 8%.
Bears are extremely euphoric and about to get rekt beyond belief in couple of weeks, probably more crab/pain in the meantime tho
Jordan Miller
it stopped moving exponentially when rates went to 20%. let me know when the fed funds rate goes above 2%
newyorkfed.org
Eli Bell
Crashing the tech sector will probably do it since that's where the wages all came from.
Hudson Young
wages don't cause inflation
Logan Parker
Based second derivative enjoyer
Brayden Brooks
disinflation not deflation faget
Zachary Nelson
O wow a whole .3 %. Out of what the real rate is right now? 12-15%?
Lol, lmao even.
Benjamin Robinson
The CPI is the most bullshit, cherry-picked, misleading excuse of a metric.
Doesn't even measure the most important things for living, just bullshit spending. Energy prices are up 30%, food is up in the double digits as well.
"Market basket of consumer goods" has no consistency. People's spending habits respond directly to price, but the CPI responds directly to spending habits? Braindead circular logic.
Either measure the same things that are actually essential to life - food, energy, housing - or measure the total currency supply divided by the population.
Fuck the US dollar, fuck every government since Teddy, and fuck everyone thinking this is anything but full clown world.
James Ward
Niggas don't get acceleration
Easton Fisher
Yup. Tax brackets never adjust for actual inflation figures.
Liam Jenkins
>inflation dropped
>literally says rose another 4.9%
What teh fuck OP?