• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Inflation holds steady, but Trump’s tariffs are boosting some prices

Metric Mouse

Your hi-top sneakers and your sailor tattoos.
DP Veteran
Joined
Jan 20, 2020
Messages
27,860
Reaction score
5,484
Gender
Male
Political Leaning
Progressive


Gas prices fell for the month and food prices held flat, which kept the overall index tame.
Click to expand...
Good news for investors and consumers.
 
Lower gas prices kept the top number low. The underlying number show tariffs are impacting toys, clothes and furniture all were up .9%. The tariffs are starting to creep in.
 
no no no

tariff's are going to cause inflation to explode - that's what we've been told for 8 months now ....
 




"...seems to be over now."

 
Loulit01 said:
Core CPI rose 0.3% from June, the fastest increase since January, which brought the annual rate to 3.1%, the highest in five months.

Try reading your source.
Click to expand...

I doubt the SS COLA ‘adjustment’ for 2026 will be above 3%.
 
Loulit01 said:
What do you think the inflation rate for 2025 will be?
Click to expand...

Which one?

The Social Security Administration will calculate the COLA based on changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter (July, August, September) of 2024 to the third quarter of 2025.
 
Most just went into effect Friday. It only goes up from here. Enjoy the current discounts.
 
The "experts" were wrong again. That's because there really aren't any experts when it comes to tariffs in the 21st century.
 
Callen said:
Lower gas prices kept the top number low. The underlying number show tariffs are impacting toys, clothes and furniture all were up .9%. The tariffs are starting to creep in.
Click to expand...
Not toys!!!

I am so making so much $ this December.
 
Doomster underestimate the economies ability to deal with what is probably a onetime anomalies regarding tarries. There's payoff for getting these monster trade deficits fixed, not just for America but rather the whole world. Mainly other counties will be forced to beef up and invest in their own consumer class encourage world wide production and consumption. It's truly a win-win for everyone and markets both foreign and domestic reflect that fact.
 

Thread by @mtkonczal on Thread Reader App

@mtkonczal: Core inflation was above expectations and had its highest print since January. But I don't think that really conveys how much more elevated it is in 2025, as shelter disinflation continues to cover up hi...…
threadreaderapp.com

 
You must log in or register to reply here.
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more…