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Started By
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CPI comes in hot at 3.4%
Posted on 5/15/24 at 7:36 am
Posted on 5/15/24 at 7:36 am
Best economy ever
10
Posted on 5/15/24 at 7:37 am to StayStrapped
Reason Biden put out the tweet this morning that he will debate in June and Sept…
Posted on 5/15/24 at 7:38 am to StayStrapped
Not great, not terrible.
Posted on 5/15/24 at 7:41 am to StayStrapped
Posted on 5/15/24 at 7:42 am to StayStrapped
What is the YoY compounded interest at this point of Biden’s illegitimate term?
Posted on 5/15/24 at 7:43 am to StayStrapped
I knew that was why they raised the gas prices. They needed to slow this thing down.
Posted on 5/15/24 at 7:58 am to StayStrapped
quote:
The CPI — the Federal Reserve’s preferred inflation gauge — rose 0.3% for the month of April, lower than estimates for a 0.4% monthly increase, according to economists polled by Dow Jones. The measure rose 3.4% year-over-year, coming in line with expectations. Monthly and yearly numbers for core CPI, which excludes volatile food and energy prices, were both in line as well.
LINK
Posted on 5/15/24 at 8:02 am to StayStrapped
Came in right around estimates for YoY, .1 below MoM estimates.
This pushes the Fed closer to cutting in September. We'll see what happens over the summer.
This pushes the Fed closer to cutting in September. We'll see what happens over the summer.
Posted on 5/15/24 at 8:13 am to StayStrapped
But...it's lower (ignore they dumped a couple of "troublesome" indicators our last month).
Posted on 5/15/24 at 9:40 am to StayStrapped
crazy
Posted on 5/15/24 at 9:42 am to StayStrapped
You need a 4% raise every year just to hold steady.
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