Consumer Price Index rose 3.2% in October

[JimH52]

https://www.cnn.com/2023/11/14/economy/consumer-price-index-october/index.html

That is down from the 3.7% in September. The Fed and the WH are slowly shipping away at a, pandemic caused, spike in inflation. If this trend continues into December, the Fed may leave interest rates at their present level. Bidenomics in slowly working and should lead to a long term trend of stability in the US economy. Other countries in the world are still seeing record high inflation, no so true of the US.

 

[Tunafish]

https://www.cnn.com/2023/11/14/economy/consumer-price-index-october/index.html

That is down from the 3.7% in September. The Fed and the WH are slowly shipping away at a, pandemic caused, spike in inflation. If this trend continues into December, the Fed may leave interest rates at their present level. Bidenomics in slowly working and should lead to a long term trend of stability in the US economy. Other countries in the world are still seeing record high inflation, no so true of the US.

Inflation rate could go to Zero. Damage is done. Prices are 30% higher and housing prices are 40-50% higher and the interest rate has tripled.
Obama and team are working overtime to "get the job done"

 

[Harpy Eagle]

Inflation rate could go to Zero. Damage is done. Prices are 30% higher and housing prices are 40-50% higher and the interest rate has tripled.

Indeed the damage is done, all that free money during COVID has left a lasting legacy.

Over time wages will catch up to prices as they always do after periods of high inflation.

Interest rates will come down, but hopefully never as low as they were for the decade after the 2008 recession.

 

[The Duke]

Indeed the damage is done, all that free money during COVID has left a lasting legacy.

Over time wages will catch up to prices as they always do after periods of high inflation.

Interest rates will come down, but hopefully never as low as they were for the decade after the 2008 recession.

The shutting down of businesses to purposely tank the economy is taking a toll as well.

 

[Harpy Eagle]

The shutting down of businesses to purposely tank the economy is taking a toll as well.

indeed, if only Trump's CDC had not pushed such things along with their eviction/foreclosure moratorium

 

[The Duke]

indeed, if only Trump's CDC had not pushed such things along with their eviction/foreclosure moratorium

"Trump's CDC" Puh-lease!

 

[Harpy Eagle]

"Trump's CDC" Puh-lease!

Well yeah, that is the way it works. The CDC is under the Executive Branch, thus making it Trump's while he was POTUS

 

[The Duke]

Well yeah, that is the way it works. The CDC is under the Executive Branch, thus making it Trump's while he was POTUS

So is the FBI that was actively working against him.

 

[Harpy Eagle]

So is the FBI that was actively working against him.

Perhaps he should have done a better job of picking the head of the FBI

 

[The Duke]

Perhaps he should have done a better job of picking the head of the FBI

Perhaps.

 

[John Edgar Slow Horses]

Indeed the damage is done, all that free money during COVID has left a lasting legacy.

Over time wages will catch up to prices as they always do after periods of high inflation.

Interest rates will come down, but hopefully never as low as they were for the decade after the 2008 recession.

Thank Trump

 

[Harpy Eagle]

Thank Trump

He was not alone in it, the last COVID bill gave away far too much and kept the extra UE going far too long. That was is all on Biden.

 

[JimH52]

Inflation rate could go to Zero. Damage is done. Prices are 30% higher and housing prices are 40-50% higher and the interest rate has tripled.
Obama and team are working overtime to "get the job done"

Prices will never return to 2021 levels. Salaries have risen with inflation and no one. especially the sexual abuser trump, can change that. But inflation is ticking down and gas prices are falling just in time for the holiday travel.

J6

​

 

[JimH52]

Prices will never return to 2021 levels. Salaries have risen with inflation and no one. especially the sexual abuser trump, can change that. But inflation is ticking down and gas prices are falling just in time for the holiday travel.

J6
View attachment 858438​

Typical trump cult member.

 

[JimH52]

You think the US inflation rate is high? Look at theses other countries.

https://www.cnn.com/2023/07/08/business/inflation-us-high-other-countries-venezuela-dg/index.html

 

[John Edgar Slow Horses]

He was not alone in it, the last COVID bill gave away far too much and kept the extra UE going far too long. That was is all on Biden.

It was on both of them and both parties.

 

[Hollie]

https://www.cnn.com/2023/11/14/economy/consumer-price-index-october/index.html

That is down from the 3.7% in September. The Fed and the WH are slowly shipping away at a, pandemic caused, spike in inflation. If this trend continues into December, the Fed may leave interest rates at their present level. Bidenomics in slowly working and should lead to a long term trend of stability in the US economy. Other countries in the world are still seeing record high inflation, no so true of the US.

I'm guessing you don't understand that the 3.2% number is on top of the cpi numbers that came before it?

 

[Hollie]

You think the US inflation rate is high? Look at theses other countries.

https://www.cnn.com/2023/07/08/business/inflation-us-high-other-countries-venezuela-dg/index.html

I feel better that Biden is such a disaster with, " but... but... but look over there".

 

[John Edgar Slow Horses]

I'm guessing you don't understand that the 3.2% number is on top of the cpi numbers that came before it?

No, Hollie, I know that you do not understand that it at all.

 

[John Edgar Slow Horses]

I feel better that Biden is such a disaster with, " but... but... but look over there".

Come on, baby, Dark Brandon ignites your skivvies. He is so much better than weak Trump.