July Core Inflation climbs to 3.1% (excl Food/Energy).

[citygator]

Looks like a climb in core inflation again for the underlying prices.

https://www.nytimes.com/live/2025/08/12/business/cpi-inflation-tariffs-fed

"underlying inflation, tracked by a “core” measure that strips out volatile food and energy prices, jumped 0.3 percent over the course of the month, or 3.1 percent on a year-over-year basis."

"Underlying U.S. inflation sped up in July as President Trump’s tariffs raised costs for American companies."

Consumer Price Index Summary - 2026 M02 Results

www.bls.gov

 

[JGalt]

Looks like a climb in core inflation again for the underlying prices.

https://www.nytimes.com/live/2025/08/12/business/cpi-inflation-tariffs-fed

"underlying inflation, tracked by a “core” measure that strips out volatile food and energy prices, jumped 0.3 percent over the course of the month, or 3.1 percent on a year-over-year basis."

"Underlying U.S. inflation sped up in July as President Trump’s tariffs raised costs for American companies."

Consumer Price Index Summary - 2026 M02 Results

www.bls.gov

I'll take 3.1% over Biden's 9.1% any time.

 

[citygator]

Wall Street Journal

https://www.wsj.com/livecoverage/cpi-report-today-inflation-stock-market-08-12-2025?

Excluding volatile food and energy costs, however, inflation picked up to 3.1%, slightly ahead of estimates from economists polled by the Wall Street Journal.

The report is the first major release from the BLS since President Trump fired Erika McEntarfer as its head, following weak jobs numbers that he alleged were rigged. On Monday, Trump said he would nominate E.J. Antoni, a longtime critic of the BLS, to replace McEntarfer.

The data are likely to influence expectations of the Federal Reserve's next policy move. Money markets show traders are confident the central bank will cut borrowing costs next month.

Fed officials have held rates steady so far this year, opting to wait to see how tariffs ripple through the economy. Recent trade deals with the European Union, Japan and other major economies have reduced the risk of levies leading to significantly higher inflation, analysts say.

 

[debbiedowner]

Looks like a climb in core inflation again for the underlying prices.

https://www.nytimes.com/live/2025/08/12/business/cpi-inflation-tariffs-fed

"underlying inflation, tracked by a “core” measure that strips out volatile food and energy prices, jumped 0.3 percent over the course of the month, or 3.1 percent on a year-over-year basis."

"Underlying U.S. inflation sped up in July as President Trump’s tariffs raised costs for American companies."

Consumer Price Index Summary - 2026 M02 Results

www.bls.gov

Oh boy someone is getting fired this week. But futures are way up this morning on this news.

 

[citygator]

I'll take 3.1% over Biden's 9.1% any time.

Biden passed on a 2.7% core inflation rate. Just like Trump passed a 6% unemployment rate and not his 15% peak unemployment rate.

 

[Hafar1014]

Looks like a climb in core inflation again for the underlying prices.

https://www.nytimes.com/live/2025/08/12/business/cpi-inflation-tariffs-fed

"underlying inflation, tracked by a “core” measure that strips out volatile food and energy prices, jumped 0.3 percent over the course of the month, or 3.1 percent on a year-over-year basis."

"Underlying U.S. inflation sped up in July as President Trump’s tariffs raised costs for American companies."

Consumer Price Index Summary - 2026 M02 Results

www.bls.gov

The rate of increase is decreasing we are still in the deep hole Biden put is in

 

[JGalt]

Biden passed on a 2.7% core inflation rate. Just like Trump passed a 6% unemployment rate and not his 15% peak unemployment rate.

Big difference. President Biden's 9.1% core inflation rate was triggered by his administration's policies of excessive government spending, as well as a tight labor market exacerbated by policies that rewarded non-work over work.

President Trump's unemployment rate was caused by an uncontrollable global pandemic.

And I'd still take a 3.1% inflation rate over Biden's 9.1% an day.

 

[JGalt]

The rate of increase is decreasing we are still in the deep hole Biden put is in

Especially when his idiot FED chairman won't reduce the interest rates.

 

[Moonglow]

The rate of increase is decreasing we are still in the deep hole Biden put is in

No, It is Trump's economy.

 

[Moonglow]

Especially when his idiot FED chairman won't reduce the interest rates.

The fed guy that Trump appointed is still the head.

 

[Moonglow]

Another Trump failure, inflation.

 

[JGalt]

The fed guy that Trump appointed is still the head.

And Trump wants to fire him, but you Democrats are the only ones who oppose that.

So why don't you want him fired? Is it because you like high interest rates, or do you just want Trump to fail?

 

[DigitalDrifter]

Actually today's economic news is good:

Donald Trump's Interest Rates Wish Comes Closer to Reality​

Published Aug 12, 2025 at 8:38 AM EDT

Federal data shows that inflation held fairly steady in July, defying fears of a sharp tariff-driven spike in consumer prices and good news for President Donald Trump, who is pushing for the Federal Reserve to slash interest rates.

Markets are widely anticipating a rate cut at the Fed's September meeting, an assessment unlikely to be moved by the July inflation data. But the trend does give some analysts cause for concern about the outlook for prices.

Donald Trump's interest rates wish comes closer to reality

The U.S. Bureau of Labor Statistics has released the latest CPI inflation data for July 2025.

www.newsweek.com

 

[Hafar1014]

No, It is Trump's economy.

In 7 months its not all Trumps economy but the improvements are. Energy and gas costs down GDP 3% , Tariffs on track to bring in 1 trillion a year enough to pay off the deficit, manufacturing increasing, private sector jobs increasing as government jobs are cut, wages up more than inflation. Trump is supporting low cost reliable energy not green energy which cant meet the demand of AI. Trump is reversing the Biden disaster

 

[Votto]

Looks like a climb in core inflation again for the underlying prices.

https://www.nytimes.com/live/2025/08/12/business/cpi-inflation-tariffs-fed

"underlying inflation, tracked by a “core” measure that strips out volatile food and energy prices, jumped 0.3 percent over the course of the month, or 3.1 percent on a year-over-year basis."

"Underlying U.S. inflation sped up in July as President Trump’s tariffs raised costs for American companies."

Consumer Price Index Summary - 2026 M02 Results

www.bls.gov

I remember you telling us all how fabulous YOU were doing economically as well as the country under Biden

Has this all changed now under Trump, even though inflation is much lower under Trump?

 

[citygator]

I remember you telling us all how fabulous YOU were doing economically as well as the country under Biden

Has this all changed now under Trump, even though inflation is much lower under Trump?

You dont see me calling the numbers fake and acting like people are dying in the streets from egg prices like you retards.

Here is my very balanced and sane take on the numbers yesterday before the release. I was spot on. I think you need to check your beliefs.

Here are the receipts:

You thought we were in an economic depression under Biden as if everyone was working extra jobs to get by (multiple holding jobs were down under Biden) and now as the numbers slightly deteriorate (employment, gdp, budget deficit balooning) you suddenly think we are in a great economy. I have maintained a balanced view the whole time. You are a partisan toad.

 

[Zincwarrior]

In 7 months its not all Trumps economy but the improvements are. Energy and gas costs down GDP 3% , Tariffs on track to bring in 1 trillion a year enough to pay off the deficit, manufacturing increasing, private sector jobs increasing as government jobs are cut, wages up more than inflation. Trump is supporting low cost reliable energy not green energy which cant meet the demand of AI. Trump is reversing the Biden disaster

Manufacturing is down, not up. Maybe on TrumpTV its different.

 

[drudge X]

Biden passed on a 2.7% core inflation rate. Just like Trump passed a 6% unemployment rate and not his 15% peak unemployment rate.

HAHAHAHA... talk about turd polishing. Bidenflation was nowhere near 2.7%. Real inflation under Biden was no less than 10%

 

[citygator]

In 7 months its not all Trumps economy but the improvements are. Energy and gas costs down GDP 3% , Tariffs on track to bring in 1 trillion a year enough to pay off the deficit, manufacturing increasing, private sector jobs increasing as government jobs are cut, wages up more than inflation. Trump is supporting low cost reliable energy not green energy which cant meet the demand of AI. Trump is reversing the Biden disaster

I have a math problem for you:

The US brought in $4.1Trillion in imports in 2024

If Tariffs are raised by $1Trillion, as you suggested, we are now paying $5T for $4T in goods.

Where did the extra $1T we paid for the same goods go? And who paid that $1T?

 

[Hafar1014]

I have a math problem for you:

The US brought in $4.1Trillion in imports in 2024

If Tariffs are raised by $1Trillion, as you suggested, we are now paying $5T for $4T in goods.

Where did the extra $1T we paid for the same goods go? And who paid that $1T?

IN 4 years tariffs will be more then the 1.6 trillion deficit. Tariffs are paid by manufacturers in order to keep prices marketable. China devalued its currency to offset the tariffs. You dont have to buy so you dont pay the tariff.