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Started By
Message
Inflation cools down significantly
Posted on 11/10/22 at 8:37 am
Posted on 11/10/22 at 8:37 am
Down to 7.7% which is a large decrease from last measurement. Markets spiking on news, maybe fed will pivot rates
22
Posted on 11/10/22 at 8:37 am to fareplay
Excluding energy and food**
Posted on 11/10/22 at 8:37 am to fareplay
Has Biden stopped releasing oil from the reserve?
Posted on 11/10/22 at 8:38 am to fareplay
They'll probably slow the pace of hikes but their target rate is still much lower.
Posted on 11/10/22 at 8:38 am to fareplay
Smokescreen
Posted on 11/10/22 at 8:39 am to WaWaWeeWa
quote:
Has Biden stopped releasing oil from the reserve?
The election was Tuesday. Why would he release more now?
Posted on 11/10/22 at 8:39 am to fareplay
“Significantly”
Posted on 11/10/22 at 8:39 am to fareplay
quote:
spiking on news
News of what?
Posted on 11/10/22 at 8:39 am to fareplay
Is that year over year? Because inflation was happening before this time last year
Posted on 11/10/22 at 8:39 am to fareplay
quote:
Down to 7.7% which is a large decrease from last measurement. Markets spiking on news, maybe fed will pivot rates
"down" GTFO
Posted on 11/10/22 at 8:41 am to fareplay
Tell that to my insurance rates.
Posted on 11/10/22 at 8:42 am to fareplay
Hubig pies are 2.49 now that’s a good indicator that inflation is not down.
Posted on 11/10/22 at 8:43 am to Civildawg
quote:
that year over year? Because inflation was happening before this time last year
This guy gets it
Posted on 11/10/22 at 8:43 am to fareplay
They lie to our faces every day.
Real inflation aggregate is at least 30%.
Bread and Circus.
Real inflation aggregate is at least 30%.
Bread and Circus.
Posted on 11/10/22 at 8:44 am to fareplay
quote:
Down to 7.7%
Imagine celebrating this.
Posted on 11/10/22 at 8:45 am to fareplay
quote:
Down to 7.7%
Weird way to say its still rising at 7.7%.
Posted on 11/10/22 at 8:46 am to fareplay
Posted on 11/10/22 at 8:48 am to fareplay
the target is 2% -- a long long way to go / in theory / the fed isn't going to make a meaningful impact until rates are above the inflation rate
Posted on 11/10/22 at 8:49 am to fareplay
quote:
maybe fed will pivot rates
Normal inflation should be at 2-3% YOY. I doubt it.
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