Inflation Increases To 3%, Food, Gasoline, Rent All Headed Higher

January inflation numbers are cumulative under Biden. That will be difficult for you to understand but take responsibility for what your cannibal hunter has done.

They're grasping
 
WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay further interest rate cuts.

The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% in September.

The new data shows that inflation has remained stubbornly above the Fed’s 2% target for roughly the past six months after it fell steadily for about a year and a half. Elevated prices turned into a major political hurdle for former President Joe Biden. President Donald Trump pledged to reduce prices on “Day 1″ if elected, though most economists worry that his many proposed tariffs could at least temporarily increase costs.

The unexpected boost in inflation could dampen some of the business enthusiasm that arose after Trump’s election on promises to reduce regulation and cut taxes. The Dow fell 400 points in mid-day trading Wednesday. Bond yields rose, a sign traders expect inflation and interest rates to remain high.


One month into day 1.
Tell me you thought that 26 days would be enough time to reverse all the damage Biden, Inc. has done. :slap:
On day one, Trump sat in the Oval Office and signed orders to stem the tide of our economic disaster. You'll see the results when they are implemented.
2 things you libbies can do to speed up the process since you are so anxious to see the results. Stop trying to block what Trump is doing with your Soros judges, and give Trump a Cabinet to get the job done.
 
Nope. Trump said he would have this under control on day 1.

Voters won't be blaming Biden in 23 months.
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Funny with all the negative doomsday talk coming from the Neo-Marxist war mongers, the last time I looked, on Feb 12, 2025, the price of gasoline was $2.59/gal and eggs eggs were still high at $6.86/doz.
The cost of eggs are up today because Biden killed 150 million chickens and took no cautionary steps to protect the public.
Point of interest it takes two years to get a chicken to full production of eggs.
Another point of interest is that there is a vaccination for Bird Flu specifically for chickens and it's available.
 
They're having a desperate month
~~~~~~
Indeed!...., Neo-Marxist Democrats are having a difficult time trying to keep up to Trump.
So much so, Pharmacies are running out of Valium, Librium and other drugs to alleviate the anxiety that they're going through.
 
Nope. Trump said he would have this under control on day 1.

Voters won't be blaming Biden in 23 months.

No he didn't. He said he would start working on it on day one. Which he did.

Since when do liberals care about 3% inflation when they excused 9% under Biden?
 
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Gee, POSITIVE NEWS. Beats the hell out the 30% inflation rate that Biden saddled us with. BTW, fuel prices in this area are stable--hopefully they will come down though.
There was n 30 percent inflation.
 
So Biden owns this, but the inflation that hit Biden early in his presidency didn't belong to trump.
 
WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay further interest rate cuts.

The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% in September.

The new data shows that inflation has remained stubbornly above the Fed’s 2% target for roughly the past six months after it fell steadily for about a year and a half. Elevated prices turned into a major political hurdle for former President Joe Biden. President Donald Trump pledged to reduce prices on “Day 1″ if elected, though most economists worry that his many proposed tariffs could at least temporarily increase costs.

The unexpected boost in inflation could dampen some of the business enthusiasm that arose after Trump’s election on promises to reduce regulation and cut taxes. The Dow fell 400 points in mid-day trading Wednesday. Bond yields rose, a sign traders expect inflation and interest rates to remain high.


One month into day 1.

Felon47 was handed a strong economy and just when he like a strong economy from Mr. Obama he is destroying it.
 
Felon47 was handed a strong economy and just when he like a strong economy from Mr. Obama he is destroying it.



We have been in stagflation for a year under Biden.

All the alleged jobs under Biden were a lie.

Øbama didn't leave a strong economy, in 2016 the GDP grew by 1.6%.
 
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WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay further interest rate cuts.

The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% in September.

The new data shows that inflation has remained stubbornly above the Fed’s 2% target for roughly the past six months after it fell steadily for about a year and a half. Elevated prices turned into a major political hurdle for former President Joe Biden. President Donald Trump pledged to reduce prices on “Day 1″ if elected, though most economists worry that his many proposed tariffs could at least temporarily increase costs.

The unexpected boost in inflation could dampen some of the business enthusiasm that arose after Trump’s election on promises to reduce regulation and cut taxes. The Dow fell 400 points in mid-day trading Wednesday. Bond yields rose, a sign traders expect inflation and interest rates to remain high.


One month into day 1.
and Briben was POTUS for 2/3rds of the month of January .. now that we have a real leader maybe we can slow the pace of inflation that the dem party ushered in ..
 
Except Biden isn't President. Trump is. And these numbers are fresh. Meaning they've taken effect since Trump was declared the winner...and then got inaugurated and promptly started issuing his tariff decrees.

Don't worry, it's gonna get worse. A whole lot worse. :)

That’s some awesome delusion you have there. You get a gold star on your leftist card.
 
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