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Jjdoc
Columbia Fan
Cali
Member since Mar 2016
22885 posts

No Tariff-Led Inflation in June Prices
Sorry IB90proof.





The consumer price index ticked up just 0.1 percent in June, the Department of Labor said Thursday. Compared with a year ago, prices rose just 1.6 percent, a deceleration of price gains from May’s 1.8 percent. After taking out volatile food and energy prices, inflation ran at 0.3 percent for the month and 2.1 percent for the year, both a tick above economist expectations.


In other words, even with the tariffs the Trump administration has imposed, consumer prices are rising by less than the Fed thinks is consistent with price stability.


LINK


HailHailtoMichigan!
LSU Fan
Trabuco Canyon, CA
Member since Mar 2012
53198 posts
 Online 

re: No Tariff-Led Inflation in June Prices
Muh washing machines!!!


Jjdoc
Columbia Fan
Cali
Member since Mar 2016
22885 posts

re: No Tariff-Led Inflation in June Prices
Speaking of.... I just purchased a new one. Made in the USA..he too.

Paid $479. Average life 12 years... I will give it 6.

Total cost per month is $6.65


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LSURussian
LSU Fan
Member since Feb 2005
115422 posts

re: No Tariff-Led Inflation in June Prices
quote:

After taking out volatile food and energy prices, inflation ran at 0.3 percent for the month and 2.1 percent for the year, both a tick above economist expectations.
I'm not sure you understand what the above quote means when your point is "no inflation."

The price of crude falling during June is what kept the overall CPI down. And there are no tariffs on crude oil.

If core inflation remains at 0.3% monthly for many more months, the Fed will likely raise interest rates not lower them.


Vols&Shaft83
Auburn Fan
Throbbing Member
Member since Dec 2012
65903 posts

re: No Tariff-Led Inflation in June Prices
IPeeSittingDown is not gonna be thrilled with this news


MrLSU
LSU Fan
New York/New Orleans/Melbourne/30A
Member since Jan 2004
11599 posts

re: No Tariff-Led Inflation in June Prices
IBChinaman is going to have to reinvent himself by attacking Louisiana Film Tax Credits again just to prove himself wrong again on that issue too.


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Vols&Shaft83
Auburn Fan
Throbbing Member
Member since Dec 2012
65903 posts

re: No Tariff-Led Inflation in June Prices
quote:

IBChinaman is going to have to reinvent himself by attacking Louisiana Film Tax Credits again just to prove himself wrong again on that issue too.




He really fricking hated Duck Dynasty


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Jjdoc
Columbia Fan
Cali
Member since Mar 2016
22885 posts

re: No Tariff-Led Inflation in June Prices
Above expectations...


BIGFOOD
USA Fan
Member since Jun 2011
6503 posts
 Online 

re: No Tariff-Led Inflation in June Prices
quote:

Muh washing machines!!!



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LSURussian
LSU Fan
Member since Feb 2005
115422 posts

re: No Tariff-Led Inflation in June Prices
You really don’t understand.


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Wtxtiger
LSU Fan
Gonzales la
Member since Feb 2011
4112 posts

re: No Tariff-Led Inflation in June Prices
Ha ha ha ha
All that bull shite for nothing IB
You are losing money hand over fist
And
You sold your country out to the Chinese
So
You are a traitor that’s slowly losing your fortune
And
The Chinese laugh at you too. You have tried so hard to tell us how Trump’s tariffs are so bad and will cause such higher prices
And
The only place that’s taking a beating is in China
And
Traitor’s bank accounts like yours.
You remind me of that Lebanese former republican congressman that lost his arse on his Chinese made tool company, lost his chance for reelection and lost his standing in the Republican Party. Everyone sees he’s a money hungry liar that’s out to frick over Americans to enrich himself. Just like you sound on here. Are you two related?


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Jyrdis
Auburn Fan
Member since Aug 2015
6491 posts

re: No Tariff-Led Inflation in June Prices
quote:

Above expectations...


You know expectations get adjusted right?


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Eli Goldfinger
Alabama Fan
Member since Sep 2016
12880 posts

re: No Tariff-Led Inflation in June Prices
Manufacturing from other countries is picking up the slack.


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