Consumer prices excluding food and energy fell in January.

Discussion in 'Economy' started by uscitizen, Feb 19, 2010.

  1. uscitizen
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    uscitizen Senior Member

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    Low inflation gives Fed room to keep rates down

    By MARTIN CRUTSINGER, AP Economics Writer Martin Crutsinger, Ap Economics Writer – 4 mins ago
    WASHINGTON – The Federal Reserve seems likely to keep interest rates at record lows for several more months after news Friday that consumer prices excluding food and energy fell in January.

    It was the first time such prices have fallen in any month since 1982.

    Low inflation gives Fed room to keep rates down - Yahoo! News
     
  2. 52ndStreet
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    52ndStreet VIP Member

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    Food prices will rise this summer, along with gasoline prices.
     
  3. Dr.House
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    Dr.House Lives on in syndication!

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    Funny...

    I know that when I make my budget I don't exclude things like food and fuel...

    Well, 0bamanomics makes up it's own rules anyway....

    At least he saved 8 bajillion jobs last year....
     
  4. uscitizen
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    uscitizen Senior Member

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    Not Obama, Bush also provided the same figures minus food and energy.
    And called it "core" Hmm can't get much more core than food and energy.
     
  5. uscitizen
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    uscitizen Senior Member

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    food and energy prices already went up during the period being reported in this thread.
     
  6. Againsheila
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    Againsheila Gold Member

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    I'd like to see those people in charge of determining the cost of living try to live without food and energy.
     
  7. Dr.House
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    Dr.House Lives on in syndication!

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    Don't really care who's telling us this is a good thing...

    It isn't...
     
  8. uscitizen
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    uscitizen Senior Member

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    No it isn't.
    does anyone know which number is used for calcualting COLA increases? Including or excluding food and energy?
     
    Last edited: Feb 19, 2010
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    The Democrat Diet: Cut out food. All food
     
  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Excluding the water, New Orleans stayed pretty dry after Katrina made landfall
     

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