This is what cratered the markets

l m a o

Attached: file.png (1163x325, 44.86K)

Other urls found in this thread:

investors.com/news/economy/cpi-inflation-rate-is-sliding-but-this-is-what-matters-for-the-fed-and-dow-jones/#:~:text=The annual core inflation rate,the highest since August 1982.
twitter.com/NSFWRedditImage

retard

little bobo ass nigga u sold u bitch ass , bruh u be buying btc at 100k soon

You can verify for yourself that the CPI inflation rate went from 8.5% to 8.3%.

and the energy prices skyrocketed to 6-7% which causes the industry to fold which in turn causes the fed to act and slap 100 BPS on

show your hands tyrone

>and the energy prices skyrocketed
Energy prices are the main reason inflation dropped.

>100 bps

Are you retarded?

How can I watch the current capacity of the strategic petroleum reserve and use that information to predict the future

fr no cap?

The price of oil, fuel, and gas has been dropping in Europe as well.
This has nothing to do with the US' strategic oil reserves.
Besides, there's plenty of oil ripe for the drilling in the US.

You best believe they are doing it nigger!

Attached: BC088FEF-7961-4ED6-80BA-7646129200C4.png (828x1792, 2.09M)

>Are you retarded?
never in history has inflation been tamed with the FFR below CPI. so you might actually be the retard user

>gasoline prices fell after labor day, like they do every year
Cope and rope, bidets

retard, this was CPI reading for august, labor day is in september

He's been posting that same line in a lot of threads lmao

>never in history has inflation been tamed with the FFR below CPI
pretty sure exactly this happened in the 70s.
They didn't raise rates, and inflation tanked on its own as Russia pumped tons of gas and oil into the world.

Core inflation, which is the important inflation that the fed pays attention to, rose twice as much as expected.
It rose considerably year on year.

Basically the real underlying for inflation is still rising, and the sticker inflation only changed because of energy prices.
Until companies and the government stop thinking that everything will recover to post COVID highs two quarters from now, inflation will continue to rise.
Companies need to have capitulated and liquidated for the markets to start recovering, but when they do it will give one last shock to the market.

This is why. They touched resistance. Market sentiment (partially related to this news) and momentum wasn't there to break up, so people sold.

Attached: FciWsxWWYA84T8m.png (2030x1040, 22.58K)

This implies that the fed has to raise interest rates another 22%, to a total of 25%, in order to control inflation.

>Core inflation, which is the important inflation that the fed pays attention to
lmao you're funny.

"In prior months, when oil and gas prices were surging, the Fed focused on headline inflation. But now that gas prices are falling, the Fed's tune has changed. Core prices are again the focus"
investors.com/news/economy/cpi-inflation-rate-is-sliding-but-this-is-what-matters-for-the-fed-and-dow-jones/#:~:text=The annual core inflation rate,the highest since August 1982.

Yes and when it was oil and gas prices they were much milder with fiscal policy, because ultimately those are transitory or are at least not something that the fed can easily affect with policy.

Now that core, or 'sticky' inflation has built up, the fed is tightening to try and drive it down.

Holy headcanon cope.