Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

CORE INFLATION UNEXPECTEDLY RISES
BI ^ | 4-15-2014 | Matthew Boesler

Posted on 04/15/2014 5:58:37 AM PDT by blam

CORE INFLATION UNEXPECTEDLY RISES

Matthew Boesler
April 15, 2014, 8:30 AM

    

Inflation unexpectedly accelerated in March due to increased costs of food and shelter, according to just-released data from the U.S. Bureau of Labor Statistics.

Both the headline consumer price index and the "core" price index (which excludes food and energy prices) advanced 0.2% in March from the previous month, ahead of consensus estimates for a 0.1% rise in both series, matching February's pace.

The year-over-year change in the core index rose to 1.7% from 1.6%, while the year-over-year change in the headline index was boosted to 1.5% from 1.1%.

Economists expected the former to hold steady at 1.6% and the latter to rise to 1.4%, due to a drop in energy prices in March 2013.

(snip)

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: economy; employment; inflation; markets
Navigation: use the links below to view more comments.
first 1-2021-4041-50 next last

1 posted on 04/15/2014 5:58:37 AM PDT by blam
[ Post Reply | Private Reply | View Replies]

To: blam

WTF? They’ve been telling us since Obama was immaculated things are on the upswing. Prices rising? Shut the front door!!!!....


2 posted on 04/15/2014 6:00:30 AM PDT by Gaffer (Comprehensive Immigration Reform is just another name for Comprehensive Capitulation)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
Gold Is Having Its Worst Day Since The Day Of The Taper
3 posted on 04/15/2014 6:01:59 AM PDT by blam
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gaffer

Wow!. A wild expansion of the money supply results in inflation. Who could have guessed?


4 posted on 04/15/2014 6:02:34 AM PDT by Mr. Lucky
[ Post Reply | Private Reply | To 2 | View Replies]

To: blam

In the real world, where taxpayers don’t pay for your food or housing or cellphone, WE have been experiencing inflation for a long time.

Food and gas prices are way up from those horrible days of Bush’s presidency.

Still his fault.


5 posted on 04/15/2014 6:03:30 AM PDT by SoFloFreeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

We just had one of the coldest winters in a long time.


6 posted on 04/15/2014 6:04:25 AM PDT by Raycpa
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gaffer

The rise in the minimum wage ‘s fault


7 posted on 04/15/2014 6:05:52 AM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. Lucky

They’ve been using the T-Bill purchases to legitimize the debt and to purchase Mortgage Backed Securities in the stock market for near 5 years. It was to the tune of $85 billion per month (about half/half). They recently reduced it to $75 Billion....

As a measure of comparison, remember when the Democrats were all pissed off about the Republicans actually holding Obama to his own sequestration promises and they cried like stuck pigs over a one time $85 billion. They’ve blown over $1T a year holding up the stock market and backing the national debt (with electronic promise scrip) and they politic over their own damn promises.


8 posted on 04/15/2014 6:07:29 AM PDT by Gaffer (Comprehensive Immigration Reform is just another name for Comprehensive Capitulation)
[ Post Reply | Private Reply | To 4 | View Replies]

To: blam
No matter how many financial assets are tossed out by the FED, this has got to see its way into rising interest rates and a decline, further, in the dollar. When those rates begin to really climb, the CBO’s estimate of disaster yesterday will be moved up smartly as the interest on the federal debt consumes more of the available funds causing either further rises in taxes (an increase in the nation's death spiral) or a reapplication of federal spending (leading to an uprising by the takers”. Either way, we are screwed.
9 posted on 04/15/2014 6:07:41 AM PDT by Mouton (The insurrection laws perpetuate what we have for a government now.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Black Agnes
The Real Inflation Fear - US Food Prices Are Up 19% In 2014
10 posted on 04/15/2014 6:10:01 AM PDT by blam
[ Post Reply | Private Reply | To 6 | View Replies]

To: Raycpa

Yeah, and it was the Tsunami in Japan, the earthquake wherever, the ATMs not working, put more air in your tires, the Christmas, er...Holiday season, the Tsunami in Indonesia, Republican racism, Bush/Bush/Bush, and anything and everything but the kitchen sink.


11 posted on 04/15/2014 6:11:38 AM PDT by Gaffer (Comprehensive Immigration Reform is just another name for Comprehensive Capitulation)
[ Post Reply | Private Reply | To 6 | View Replies]

To: blam

BEEF prices have gone up 500% under Obama yet they won’t allow ranchers to graze cattle - NUTS


12 posted on 04/15/2014 6:12:05 AM PDT by 1Old Pro
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

What’s this “unexpectedly” crap? They think they can predict the future? Obviously not.


13 posted on 04/15/2014 6:12:19 AM PDT by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Shocking! /s


14 posted on 04/15/2014 6:13:04 AM PDT by Black Agnes
[ Post Reply | Private Reply | To 10 | View Replies]

To: blam

Shock being expressed at the predictable outcome of expanding the money supply by trillions of dollars? I’m shocked that anyone is shocked.

Once all this money jumps off the sidelines and into the economy it will be even worse...hyper-inflation here we come.


15 posted on 04/15/2014 6:14:02 AM PDT by PubliusMM (RKBA; a matter of fact, not opinion. 01-20-2016; I pray we make it that long.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

If they included soaring food prices and energy costs the rate would skyrocket.


16 posted on 04/15/2014 6:19:34 AM PDT by Iron Munro (The future ain't what it use to be -- Yogi Berra)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. Lucky

Wow!. A wild expansion of the money supply results in inflation. Who could have guessed?


We’ve only been talking about it here for years. :-D


17 posted on 04/15/2014 6:21:19 AM PDT by cuban leaf
[ Post Reply | Private Reply | To 4 | View Replies]

To: Mr. Lucky

Exactamundo. The Fed has been on an unprecedented money printing binge for five years. There are consequences to actions like this.


18 posted on 04/15/2014 6:22:30 AM PDT by Starboard
[ Post Reply | Private Reply | To 4 | View Replies]

To: blam

This shows how manipulated the price of gold is. Several times over the past few years, on the day where there was some major fundamental news that should cause gold to skyrocket, the pre-market activity (when the market is at its thinnest and therefore easiest to manipulate) saw a huge dumping of naked short gold sales (paper gold), driving the price to below some important technical level, triggering automatic massive selling, which enables the manipulator to then swoop in and buy back cheaper to close their position.


19 posted on 04/15/2014 6:24:49 AM PDT by winner3000
[ Post Reply | Private Reply | To 3 | View Replies]

To: blam

Bad news is always ‘unexpected’ when democrats are running things... has to do with press bias.


20 posted on 04/15/2014 6:28:40 AM PDT by GOPJ (MSNBC reporters couldn't spot a criminal if he was at the company Christmas party.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-50 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson