Core Inflation Falls to Lowest Rate in Four Years - Wage Growth Outpaces Inflation

[excalibur]

Oh, okay.

The doomer gloomers of this board have been spinning BS on this and other boards.

Cry harder.

...

As Breitbart’s John Carney reports:

Prices barely climbed in April, pulling the annual rate of inflation down toward the Federal Reserve’s two percent target, even while personal income climbed at a rapid rate.

The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat.

This brings core inflation to the lowest it's been in four years. Personal income rose 0.8% in April, for a net 0.7% gain net of inflation.

​

Core Inflation Falls to Lowest Rate in Four Years - Wage Growth Outpaces Inflation

Silverloch is more than a media company. It is a movement. Built on truth, conviction, and a commitment to shaping cultur...

silverloch.com

 

[excalibur]

 

[drudge X]

I am having winning fatigue syndrome.

 

[initforme]

Wages going up is good. They should rise every month across the board for the next few months by a percent or 2.

 

[Vrenn]

Oh, okay.

The doomer gloomers of this board have been spinning BS on this and other boards.

Cry harder.

...​

​

As Breitbart’s John Carney reports:​

​

Prices barely climbed in April, pulling the annual rate of inflation down toward the Federal Reserve’s two percent target, even while personal income climbed at a rapid rate.​

​

The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat.​

​

This brings core inflation to the lowest it's been in four years. Personal income rose 0.8% in April, for a net 0.7% gain net of inflation. ​

​

​

Core Inflation Falls to Lowest Rate in Four Years - Wage Growth Outpaces Inflation

Silverloch is more than a media company. It is a movement. Built on truth, conviction, and a commitment to shaping cultur...

silverloch.com

Funny, Gasoline went up another 15 cents last night. It's now up to 3.47 a gallon here. Breitbart is a poor choice to believe anything it has to say.

 

[shockedcanadian]

Oh, okay.

The doomer gloomers of this board have been spinning BS on this and other boards.

Cry harder.

...​

​

As Breitbart’s John Carney reports:​

​

Prices barely climbed in April, pulling the annual rate of inflation down toward the Federal Reserve’s two percent target, even while personal income climbed at a rapid rate.​

​

The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat.​

​

This brings core inflation to the lowest it's been in four years. Personal income rose 0.8% in April, for a net 0.7% gain net of inflation. ​

​

​

Core Inflation Falls to Lowest Rate in Four Years - Wage Growth Outpaces Inflation

Silverloch is more than a media company. It is a movement. Built on truth, conviction, and a commitment to shaping cultur...

silverloch.com

That's the key to real standard of living growth. Real wages outpaces inflation. If Trump can keep that up for four years plus decrease the debt/balance your deficit, he will have attained a great achievement.

 

[Vrenn]

That's the key to real standard of living growth. Real wages outpaces inflation. If Trump can keep that up for four years plus decrease the debt/balance your deficit, he will have attained a great achievement.

I am in a group that our income will go down if the Orange Cheeto gets his way. Anyone on a Pension will have a higher cost of living while those that are on SSI will show a decrease in a lot of things.

 

[MarathonMike]

Funny, Gasoline went up another 15 cents last night. It's now up to 3.47 a gallon here. Breitbart is a poor choice to believe anything it has to say.

Typical Leftist, a one day move in one commodity changes everything IF it supports their narrative.

 

[Kilroy2]

if he has fallen lower that what is has been for 4 years then when it was high when he was president.

 

[MisterBeale]

Breitbart is a poor choice to believe anything it has to say.

The Fed's Preferred Inflation Gauge Was Milder Than Expected In April

Inflation fell more than expected, dropping nearly to the Federal Reserve's target of a 2% annual rate by one measure.

www.investopedia.com

Good News Didn't Stop With Low Inflation​

"Apart from the inflation data, the PCE report showed economic trends favorable to household budgets.

Personal income rose 0.8%, the largest increase since January 2024, faster than the 0.1% monthly increase in consumer prices. Spending rose 0.2%, and the savings rate rose to 4.9%, the highest in a year, as households pocketed the extra income.

Economists said the jump in income was partly due to a surge in Social Security payments stemming from the Social Security Fairness Act, a law signed by former President Joe Biden in January just before he left office.3"

https://www.ssa.gov/benefits/retirement/social-security-fairness-act.html?tl=0%2C1%2C2

 

[Vrenn]

Typical Leftist, a one day move in one commodity changes everything IF it supports their narrative.

And I shopped at a Grocery Store and paid more AND had a more narrow selection. I can see, if you were an American, you would be voting for the Orange Cheeto.\

 

[Moonglow]

H

Oh, okay.

The doomer gloomers of this board have been spinning BS on this and other boards.

Cry harder.

...​

​

As Breitbart’s John Carney reports:​

​

Prices barely climbed in April, pulling the annual rate of inflation down toward the Federal Reserve’s two percent target, even while personal income climbed at a rapid rate.​

​

The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat.​

​

This brings core inflation to the lowest it's been in four years. Personal income rose 0.8% in April, for a net 0.7% gain net of inflation. ​

​

​

Core Inflation Falls to Lowest Rate in Four Years - Wage Growth Outpaces Inflation

Silverloch is more than a media company. It is a movement. Built on truth, conviction, and a commitment to shaping cultur...

silverloch.com

How much did yer wages increase since February?

 

[Moonglow]

View attachment 1117250

The Fed's Preferred Inflation Gauge Was Milder Than Expected In April

Inflation fell more than expected, dropping nearly to the Federal Reserve's target of a 2% annual rate by one measure.

www.investopedia.com

Good News Didn't Stop With Low Inflation​

"Apart from the inflation data, the PCE report showed economic trends favorable to household budgets.

Personal income rose 0.8%, the largest increase since January 2024, faster than the 0.1% monthly increase in consumer prices. Spending rose 0.2%, and the savings rate rose to 4.9%, the highest in a year, as households pocketed the extra income.

Economists said the jump in income was partly due to a surge in Social Security payments stemming from the Social Security Fairness Act, a law signed by former President Joe Biden in January just before he left office.3"

https://www.ssa.gov/benefits/retirement/social-security-fairness-act.html?tl=0%2C1%2C2

SS is not income for federal tax purposes.

 

[Moonglow]

So more government money is considered good news by people who bitched about government over overspending for the last four years..Talk about some bullshit.

 

[RoshawnMarkwees]

That's the key to real standard of living growth. Real wages outpaces inflation. If Trump can keep that up for four years plus decrease the debt/balance your deficit, he will have attained a great achievement.

The economy was booming under trump 45 thanks to energy expansion but democrats and china unleashed the plague routine.
Don’t underestimate the anti-American deviousness of democrats.

 

[Winston]

Typical Leftist, a one day move in one commodity changes everything IF it supports their narrative.

Wage growth outpaced inflation under Biden.

https://thehill.com/opinion/finance/4882184-rising-wages-working-class-americans/

 

[Tumblin Tumbleweed]

Attention magaturds: I'm going to use a MAGA style retort:

In your alt-right MAGA rag article (Breitbart? ) it states 'consumers got relief from inflation'. Meanwhile, In rural America shit around here has only gone up in price since April with no path to decrease. Some businesses are not shy about putting tariff taxes on invoices.

So yeah I'm going with fake news.

Nice try, libz.

I was told other countries pay the tariffs, anyway, amirite?

 

[Vrenn]

SS is not income for federal tax purposes.

And this means what? Of course but the fact is, if the spending bill had passed, my SSI Check would have gone down and my benefits also would go down.

 

[Doc7505]

Funny, Gasoline went up another 15 cents last night. It's now up to 3.47 a gallon here. Breitbart is a poor choice to believe anything it has to say.

~~~~~~
You're full of crap, Gassed the car up today it was $2.819 gallon at the WAWA. Cost $29.32.
I have to question why someone like you would openly lie and p[enly tell untruths...
Is it inbred or just your ideology that forces you

 

[1srelluc]

I heard yesterday that there are now a half million more homes for sale than there are buyers.

The bad part is that they are mostly in the left coast states and FL....The odd part is home prices are not falling in the same areas.

Still selling well here.....The house across the street was only on the market three days before it sold....LOL....The sign went up and came down so quickly I thought I was seeing things!

A Amazon warehouse manager bought it.