Posted on 04/10/2024 10:12:53 AM PDT by EnderWiggin1970
The consumer price index, a key inflation gauge, rose 3.5% in March, higher than expectations and marking an acceleration for inflation. Shelter and energy costs drove the increase. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago. Following the report, traders pushed the first expected rate cut out to September, according to CME Group calculations.
(Excerpt) Read more at cnbc.com ...
The “experts” explained to us that inflation was transitory.
Therefore the story cannot be true.
The “experts” said so.
I read something about it in the internet. You know, how AWESOME bidenomics is making our lives better, so it must be true. Or not......
But But how can that be, the commie media and white house that never lies told us that everything is awesome, there is no inflation, everything is super de dooper..whenever commies get caught its always “More than expected”
This is one of those “are you going to believe me or your lying eyes” exercises... even as they were claiming inflation was under control, all of us were experiencing firsthand how prices continued to rise, and/or the product sizing/volume shrank...
3.5% ??
Sure... lol
The only people on the planet who would be surprised by this are the dunces in the Brandon Administration who are supposed to fix the problem.
The following was posted, not by me!) in a neighborhood online comment site in N. California
“I went to the gas station on sunday to get gas for my lawn mower and it was 4.99 a gal at the speedy station.I haven’t bought gas for a few weeks so i just chucked it up o well.”
Today Monday the 8th one day ahead i decided to wash the wife’s car and fill it up for her .the same station and the same pump 5.29 .a 30 cent a gal more in one day .
WOW .i need to get into the gas station business. i wrote a post on the school bond issue and it went crazy . what is happening to the state of california . no wonder everyone is moving out
Better buy your gas today because tomorrow it might be 6.00 a gal . Chevron is over 6.00 for supreme .
Always mind-controlling, those commies, aren't they?
Said something similar, the rate is too low.
3.5% is still BS... everything is up easily over 5% from last year, EASILY.... EVERYTHING..
Inflation Shock: CPI Comes in Hot, Market Not Taking It Well
https://www.youtube.com/live/DLTse8UUDW4?si=GDHVH_nMaSjjAJ20
Streamed live 4 hours ago #CPI #Inflation #EndTheFed
The Consumer Price Index came in higher than expected and the initial reaction from the market is not good. Hopes of an early return to rate cuts by the Federal Reserve have been dashed.
More than expected by dumb libtards who think President Retard knows what’s doing
I thought the economy was supposed to have totally crashed by now
I buy 5# chubs of ground beef-—to make hamburger patties & freeze them-—DON’T to make a BIG POT of chili & Freeze.
Paid $12 for YEARS.
Hadn’t bought any since 9-22, when I think & paid $14. PAID $20 this AM. SAME BRAND.
“The “experts” explained to us that inflation was transitory”
Yeah, has that old hag Yenta Yellen opened her trap today? Yesterday she said everything was going great except for the lowest rungs of society. Well, it looks like some more middle class are about to enter the lowest rungs. Despise that political hack.
<>the rate is too low<>
I’m old enough to remember the Carter years.
Yes. It is too low.
Believe nothing, not one thing from our authoritarian rulers. Start there and we’ll never be deceived.
3.5% excludes food and fuel.
Include those and the inflation is probably around 10%.
* Gasoline
* Food
... Are not factored in.
The Big lying.
(Dow was -500 at around noon today)
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