Liberal Forum

ECONOMY

Consumer prices rose 3.5% from a year ago in March, more than expected

• The consumer price index, a key inflation gage, rose 3.5% in March, higher than expectations and marking an acceleration for inflation.
• Shelter and energy costs drove the increase on the all-items index. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago.
• Following the report, traders pushed the first expected rate cut out to September, according to CME Group calculations.

 The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon.The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department’s Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.Excluding volatile food and energy components, core CPI also accelerated 0.4% on a monthly basis while rising 3.8% from a year ago, compared with respective estimates for 0.3% and 3.7%.

https://www.cnbc.com/2024/04/10/cpi-inf ... march.html

Don't worry.....you will be told not to believe your lyin' eyes.  Or your wallet.

 
 
 

Huey » 10 Apr 2024, 8:38 am » wrote: ↑

10 Apr 2024, 8:38 am

ECONOMY

Consumer prices rose 3.5% from a year ago in March, more than expected

• The consumer price index, a key inflation gage, rose 3.5% in March, higher than expectations and marking an acceleration for inflation.
• Shelter and energy costs drove the increase on the all-items index. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago.
• Following the report, traders pushed the first expected rate cut out to September, according to CME Group calculations.

 The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon.The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department’s Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.Excluding volatile food and energy components, core CPI also accelerated 0.4% on a monthly basis while rising 3.8% from a year ago, compared with respective estimates for 0.3% and 3.7%.

https://www.cnbc.com/2024/04/10/cpi-inf ... march.html

Don't worry.....you will be told not to believe your lyin' eyes.  Or your wallet.

It's Trump's fault. Bidenomics baby!!!!

Huey » 10 Apr 2024, 8:38 am » wrote: ↑

10 Apr 2024, 8:38 am

ECONOMY

Consumer prices rose 3.5% from a year ago in March, more than expected

• The consumer price index, a key inflation gage, rose 3.5% in March, higher than expectations and marking an acceleration for inflation.
• Shelter and energy costs drove the increase on the all-items index. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago.
• Following the report, traders pushed the first expected rate cut out to September, according to CME Group calculations.

 The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon.The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department’s Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.Excluding volatile food and energy components, core CPI also accelerated 0.4% on a monthly basis while rising 3.8% from a year ago, compared with respective estimates for 0.3% and 3.7%.

https://www.cnbc.com/2024/04/10/cpi-inf ... march.html

Don't worry.....you will be told not to believe your lyin' eyes.  Or your wallet.

Yep the Trump inflation is hard to get fixed it seems. 

Bidencrimefamily » 10 Apr 2024, 9:18 am » wrote: ↑

10 Apr 2024, 9:18 am

Yep the Trump inflation is hard to get fixed it seems.

@Huey  , I called it. It's Trump's fault...always....everything. Bidenomics baby!!!!     


Just once I would like to see BCF research something before he vomits his impulsive ****. 

Huey » 10 Apr 2024, 8:38 am » wrote: ↑

10 Apr 2024, 8:38 am

ECONOMY

Consumer prices rose 3.5% from a year ago in March, more than expected

• The consumer price index, a key inflation gage, rose 3.5% in March, higher than expectations and marking an acceleration for inflation.
• Shelter and energy costs drove the increase on the all-items index. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago.
• Following the report, traders pushed the first expected rate cut out to September, according to CME Group calculations.

 The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon.The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department’s Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.Excluding volatile food and energy components, core CPI also accelerated 0.4% on a monthly basis while rising 3.8% from a year ago, compared with respective estimates for 0.3% and 3.7%.

https://www.cnbc.com/2024/04/10/cpi-inf ... march.html

Don't worry.....you will be told not to believe your lyin' eyes.  Or your wallet.

Just gonna leave this right here...

McDonald's $25 'deal' goes viral; users blame California's minimum-wage increase: 'Your new normal'

https://www.foxbusiness.com/lifestyle/m ... normal.amp
 
 

*rippy38 » 10 Apr 2024, 9:30 am » wrote: ↑

10 Apr 2024, 9:30 am

Just gonna leave this right here...

McDonald's $25 'deal' goes viral; users blame California's minimum-wage increase: 'Your new normal'

https://www.foxbusiness.com/lifestyle/m ... normal.amp

Under Reagan Carter was blamed for inflation that didn't hit for a few years. So Trump is to blame for the inflation. 

Buckle up, it's going to be a bumpy ride.

Powel saying that Xiden's vote buying plan will likely cause interest rates to go up to 8%

Bidencrimefamily » 10 Apr 2024, 9:31 am » wrote: ↑

10 Apr 2024, 9:31 am

Under Reagan Carter was blamed for inflation that didn't hit for a few years. So Trump is to blame for the inflation.

In your opinion, how long does it take for the policies of a new administration to begin having an impact?

 
 

ConsRule » 10 Apr 2024, 10:14 am » wrote: ↑

10 Apr 2024, 10:14 am

In your opinion, how long does it take for the policies of a new administration to begin having an impact?

I bet corporate profits go up. 

Want to bet?
 
 
 

Bidencrimefamily » 10 Apr 2024, 10:19 am » wrote: ↑

10 Apr 2024, 10:19 am

I bet corporate profits go up. 

Want to bet?

You didn't answer the question.  Come on, you can do it...go on the record with YOUR OPINION.
 

Bidencrimefamily » 10 Apr 2024, 9:31 am » wrote: ↑

10 Apr 2024, 9:31 am

Under Reagan Carter was blamed for inflation that didn't hit for a few years. So Trump is to blame for the inflation.

Just last week you blamed Trump for Biden's 10 million more illegals..

 

BooRadley » 10 Apr 2024, 10:23 am » wrote: ↑

10 Apr 2024, 10:23 am

Just last week you blamed Trump for Biden's 10 million more illegals..

You said Trump secured the border. 

Then republucan had to write a border bill to secure the border. 

So Trump didn't secure the border did he?
 

AAA national avg gas price:

$3.619

Up 7 cents from last week.

When do we start to feel the affects of all this oil we are producing?

https://gasprices.aaa.com/

Bidencrimefamily » 10 Apr 2024, 9:31 am » wrote: ↑

10 Apr 2024, 9:31 am

Under Reagan Carter was blamed for inflation that didn't hit for a few years. So Trump is to blame for the inflation.

I can see you're trying to win the "Dumbest Mother **** on the Forum" award again.

I wouldn't worry dude... I'd say you have it wrapped up still.

 
 

Bidencrimefamily » 10 Apr 2024, 9:31 am » wrote: ↑

10 Apr 2024, 9:31 am

Under Reagan Carter was blamed for inflation that didn't hit for a few years. So Trump is to blame for the inflation.

We are into Biden's 4th year.  

ConsRule » 10 Apr 2024, 10:14 am » wrote: ↑

10 Apr 2024, 10:14 am

In your opinion, how long does it take for the policies of a new administration to begin having an impact?

 

R.Suave » 10 Apr 2024, 11:29 am » wrote: ↑

10 Apr 2024, 11:29 am

See you can't answer a simple question

Huey » 10 Apr 2024, 11:22 am » wrote: ↑

10 Apr 2024, 11:22 am

We are into Biden's 4th year.

What's Biden done to cause Inflation?

R.Suave » 10 Apr 2024, 11:30 am » wrote: ↑

10 Apr 2024, 11:30 am

What's Biden done to cause Inflation?

 

ANd away he goes......

No point, no thoughts, just questions.  

I am waiting for the gas prices to fall due to all that oil we are producing.