Consumer inflation moderated in January, yet remained higher than many economists had expected, driven by rising prices for housing, gasoline and natural gas.
I concur, but this likely means more interest hikes coming sooner than later...Inflation fell in January, but more slowly than economists hoped
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.www.cbsnews.com
--
The good news: The inflation rate continues to drop
The bad news: It's still stubbornly high
--
I'll still call "moving in the right direction" a win.
I concur, but this likely means more interest hikes coming sooner than later...
Fifties are the new twenties, and I still remember when I bought my first candy bar for five cents. It took me some time to save five more for my second, and when I finally did, candy bars cost ten.Inflation fell in January, but more slowly than economists hoped
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.www.cbsnews.com
--
The good news: The inflation rate continues to drop
The bad news: It's still stubbornly high
--
I'll still call "moving in the right direction" a win.
The Fed imo needs to move more aggressively. Hopefully 50 basis points this month. The prices are never going to come down, just the rate of increase may be slower. For people on a fixed income the faster inflation is tamed the better.I concur, but this likely means more interest hikes coming sooner than later...
Let me know when it gets down to pre-Biden puke area.Inflation fell in January, but more slowly than economists hoped
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.www.cbsnews.com
--
The good news: The inflation rate continues to drop
The bad news: It's still stubbornly high
--
I'll still call "moving in the right direction" a win.
2% is usefulFifties are the new twenties, and I still remember when I bought my first candy bar for five cents. It took me some time to save five more for my second, and when I finally did, candy bars cost ten.
While we in the MAGAsphere will rue our loss of the inflation cudgel to repeatedly bash Biden, all good things must end; in the meantime, inflation, even in its dying days, will remain useful.
MAGA.
Inflation is a tough problem. Too little effort, inflation sticks around. Too much, recession...The Fed imo needs to move more aggressively. Hopefully 50 basis points this month. The prices are never going to come down, just the rate of increase may be slower. For people on a fixed income the faster inflation is tamed the better.
False.Inflation fell in January, but more slowly than economists hoped
What are you talking about???Inflation is a tough problem. Too little effort, inflation sticks around. Too much, recession...
I'm pretty sure Mycroft will not agree, and even Sherlock admired his elder brother's superior deductive reasoning:2% is useful
6%, not so much
You have the wrong Mycroft.I'm pretty sure Mycroft will not agree, and even Sherlock admired his elder brother's superior deductive reasoning:
“He has the tidiest and most orderly brain, with the greatest capacity for storing facts, of any man living. The same great powers which I have turned to the detection of crime he has used for this particular business. The conclusions of every department are passed to him, and he is the central exchange, the clearinghouse, which makes out the balance. All other men are specialists, but his specialism is omniscience. We will suppose that a minister needs information as to a point which involves the Navy, India, Canada and the bimetallic question; he could get his separate advices from various departments upon each, but only Mycroft can focus them all, and say offhand how each factor would affect the other. They began by using him as a short-cut, a convenience; now he has made himself an essential. In that great brain of his everything is pigeon-holed and can be handed out in an instant.”
In short, Mycroft is a generational intellect capable of being favorably compared to even the Great Trump.
An Arthur Conan Doyle Character Mycroft Holmes - Official Conan Doyle Character
Learn more about Mycroft Holmes created by Sir Arthur Conan Doyle and discuss licensing opportunities with the official Conan Doyle Family Estate.arthurconandoyle.co.uk
MAGA.
It was a compliment, and I loved that book when I read it in my teens.You have the wrong Mycroft.
See "The Moon Is A Harsh Mistress".
I don't think you understood my point and I said nothing about "transitory".
Yet the graph you posted proves inflation has a transitory nature, and I find it hard to believe a person with the exalted name Mycroft would miss that, though in truth I was responding to someone else who claimed inflation is not transitory and simply used your excellent graph as an example.I don't think you understood my point and I said nothing about "transitory".
To this contrary, the current US inflation is deliberate and it won't be resolved until the Biden pukes...or their next iteration...are out of office.
Gosh…I guess the MAGATS are next going to blame the inflation that exists worldwide on their President.I don't think you understood my point and I said nothing about "transitory".
To this contrary, the current US inflation is deliberate and it won't be resolved until the Biden pukes...or their next iteration...are out of office.
The Fed imo needs to move more aggressively. Hopefully 50 basis points this month. The prices are never going to come down, just the rate of increase may be slower. For people on a fixed income the faster inflation is tamed the better.
False.
Inflation ROSE in January. Commerce Department showed that consumer prices rose 0.6% from December to January,
There's no question that we have exacerbated inflation in other countries.Gosh…I guess the MAGATS are next going to blame the inflation that exists worldwide on their President.
yep, biden is so all powerful he controls the entire globes inflation lolI don't think you understood my point and I said nothing about "transitory".
To this contrary, the current US inflation is deliberate and it won't be resolved until the Biden pukes...or their next iteration...are out of office.
Why do you think that?yep, biden is so all powerful he controls the entire globes inflation lol
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?