More Incredible Data on Inflation this Morning !!!

[The Banker]

Core PCE, just a 0.1% inc MoM!!!!

Bye bye inflation !

Inflation is now very low and the FED can cut rates !

Inflation was transitory after all !

FACTS !

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

 

[Auld Phart]

Core PCE, just a 0.1% inc MoM!!!!

Bye bye inflation !

Inflation is now very low and the FED can cut rates !

Inflation was transitory after all !

FACTS !

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

Price of gas go down?

Price of groceries go down?

 

[The Banker]

Price of gas go down?

Price of groceries go down?

inflation up by 0.1% MoM.
accept it and deal with it

Inflation is fake news
Facts prevail

 

[Oddball]

inflation up by 0.1% MoM.
accept it and deal with it

Inflation is fake news
Facts prevail

We'll score the real answer to the question a big "NO".

 

[Auld Phart]

inflation up by 0.1% MoM.
accept it and deal with it

Inflation is fake news
Facts prevail

Inflation is fake news
Facts prevail

Price of food is up.
Price of gas is up.

FACTS

 

[Ralph Norton]

Core PCE, just a 0.1% inc MoM!!!!

Bye bye inflation !

Inflation is now very low and the FED can cut rates !

Inflation was transitory after all !

FACTS !

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

You have a very loose definition of "transitory".
Let us know when the Fed DOES cut rates.

 

[Oddball]

Your link doesn't support your assertion. Not to bitch here at all, as I'm curious. But in theory anyway a moderator should shut down your thread unless you edit the op and insert a link at to recent core PCE

From the same site...

Yield Curve Keeps Sending Message Investors Should Not Ignore | Investing.com

Market Overview Analysis by Lance Roberts covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Lance Roberts's latest article on Investing.com

www.investing.com

 

[westwall]

Core PCE, just a 0.1% inc MoM!!!!

Bye bye inflation !

Inflation is now very low and the FED can cut rates !

Inflation was transitory after all !

FACTS !

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

As gas hits 6+ bucks a gallon.

You're an idiot.

 

[martybegan]

We'll score the real answer to the question a big "NO".

Just remember the chocolate ration has been raised from 25 grams to 20 grams.

 

[The Banker]

Price of food is up.
Price of gas is up.

FACTS

So what
when core PCE comes in at 0.1% MoM, you have nothing to cry about at all anymore

Trump's mega massive out of control spending and fake money printing has really hurt America and set the stage for the inflation we had.

DeSantis can admit it, you can't

 

[jotathought]

Core PCE, just a 0.1% inc MoM!!!!

Bye bye inflation !

Inflation is now very low and the FED can cut rates !

Inflation was transitory after all !

FACTS !

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

Inflation is cumulative .. so the effects are already in place. You should be disappointed with the Biden administration on the inflation front.

Unless deflation occurs, which it won't, all Americans already feel the effects of the Bidenflation.

 

[jotathought]

So what
when core PCE comes in at 0.1% MoM, you have nothing to cry about at all anymore

Trump's mega massive out of control spending and fake money printing has really hurt America and set the stage for the inflation we had.

DeSantis can admit it, you can't

Trump spending .. because of COVID .. why are libtards so stupid on the reason, and only focus on the data? Tell us Banker.

 

[Mac-7]

Core PCE, just a 0.1% inc MoM!!!!

Bye bye inflation !

Inflation is now very low and the FED can cut rates !

Inflation was transitory after all !

FACTS !

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

As I understand it the inflation index does not include gasoline or food prices

 

[Oddball]

So what
when core PCE comes in at 0.1% MoM, you have nothing to cry about at all anymore

Trump's mega massive out of control spending and fake money printing has really hurt America and set the stage for the inflation we had.

DeSantis can admit it, you can't

"Sure we burned down your house, but we also just pissed on the ashes... So knock it off you ingrate!"

FY

 

[Votto]

Price of gas go down?

Price of groceries go down?

Just because prices keep going up in no way means inflation is also going up.

After all, you people don't even know what a woman is anymore.

So screw you!!

 

[Auld Phart]

So what
when core PCE comes in at 0.1% MoM, you have nothing to cry about at all anymore

Trump's mega massive out of control spending and fake money printing has really hurt America and set the stage for the inflation we had.

DeSantis can admit it, you can't

you have nothing to cry about at all anymore

UNLESS I BUY GROCERIES OR GAS!

 

[Votto]

UNLESS I BUY GROCERIES OR GAS!

Then stop!

Geesh.

Eat bugs or something.

 

[Auld Phart]

Then stop!

Geesh.

Eat bugs or something.

Eat bugs or something.

I tried chocolate covered crickets, but the legs got stuck between my teeth.

 

[RoshawnMarkwees]

Awesome! Does this mean democrats will return to me the >$40k I’ve lost due to this administration’s energy and money-printing policies?

 

[bendog]

From the same site...

Yield Curve Keeps Sending Message Investors Should Not Ignore | Investing.com

Market Overview Analysis by Lance Roberts covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Lance Roberts's latest article on Investing.com

www.investing.com

Well, the OP is right that core pce (excluding gas and food) is only up .1%, but overall pce is still at .4

BEA Interactive Data Application

apps.bea.gov

But ya know, interest rates today are about where they were during the econ expansion of the WJC years, and where the Fed put it in between the two econ downturns that (together with elective wars) bracketed W's two terms.

Lower rates at the simpliest just means the fed is making it easier to borrow money, and the fed makes sure banks have sufficient "liquidity," eg money, to lend. We have inflation simply because there's too much M2 or money in circulation. There are two AND ONLY TWO ways to get money out the economy. 1) Raise taxes and use the revenue to cut deficits/debt. 2. Prevent banks from lending as much money by raising rates, and as people pay off loans .... have the Fed make the money go "poof."

And monetary expansion began when bonds collapsed in the housing debacle.

link

United States Fed Funds Interest Rate

The benchmark interest rate in the United States was last recorded at 5.50 percent. This page provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus...

tradingeconomics.com