My take: This is downward pressure for stock prices. It basically says the Federal Reserve will have to work harder than expected to fight inflation.
To: Tell It Right
2 posted on
06/10/2022 5:37:21 AM PDT by
abb
To: Tell It Right
Best inflation ever!... Oh, wait.
5 posted on
06/10/2022 5:40:41 AM PDT by
Flick Lives
(The CDC. Brought to you by Pfizer)
To: Tell It Right
Bad news even the Democrats can’t pretend doesn’t exist.
6 posted on
06/10/2022 5:41:18 AM PDT by
JonPreston
(Q: Never have so many, been so wrong, so often)
To: Tell It Right
Consensus economists were expecting an 8.3% increase in May, according to estimates compiled by Bloomberg.
On a monthly basis, the broadest measure of inflation rose at a pace of 1.0%, compared to 0.3% in April.
7 posted on
06/10/2022 5:43:04 AM PDT by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money)
To: Tell It Right
Shadow Stats showed Consumer Inflation already at 16% quite a number of weeks ago.
‘Under the Median’ says it’s at 24% right now!
Can’t get the Shadow Stats site to come up for some reason; it’s probably melting down these days!
Let’s Go, Brandon! *SPIT*
8 posted on
06/10/2022 5:43:25 AM PDT by
Diana in Wisconsin
(I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
To: Tell It Right
The Producer Price Index is less rigged:
https://www.bls.gov/ppi/
Producer prices for goods up 16.3 percent over the year ended April 2022
The Producer Price Index for final demand increased 11.0 percent from April 2021 to April 2022. Producer prices for goods rose 16.3 percent, while prices for services rose 8.1 percent.
9 posted on
06/10/2022 5:43:52 AM PDT by
PapaBear3625
(We live in a time where intelligent people are being silenced so stupid people won’t be offended)
To: Tell It Right
“the Federal Reserve will have to work harder than expected to fight inflation.”
The Federal Reserve has been sitting at the bar getting drunk while the inflation dumpster fire is raging outside.
They won’t seriously move their sorry rear ends until the fire reaches their bar stool.
14 posted on
06/10/2022 5:52:25 AM PDT by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: Tell It Right
1% x 12 months = 12% run rate inflation.
Hold on, folks!
16 posted on
06/10/2022 6:07:50 AM PDT by
Uncle Miltie
(This reality has been manufactured for you by the Deep State.)
To: Admin Moderator
17 posted on
06/10/2022 6:21:35 AM PDT by
Uncle Miltie
(This reality has been manufactured for you by the Deep State.)
To: Tell It Right
Now all we need is for Biden to be attacked by a “Killer Rabbit” and we will have gone full circle.
18 posted on
06/10/2022 6:36:33 AM PDT by
Zathras
To: Tell It Right
It’s missing a zero. It’s more like 86.0% inflation.
19 posted on
06/10/2022 6:37:36 AM PDT by
Boomer
(Piss On A Marxist commie For Mommy! Stupid is forever!)
To: Tell It Right
CNBC sez:
The consumer price index for May was expected to increase 8.3% from a year ago...
So, in other words the inflation rate is now 16.5% (8.2 + 8.3)?
I think CNBC left out the word "to" in their headline. On the other hand, inflation seems like 16.5%
20 posted on
06/10/2022 6:39:31 AM PDT by
upchuck
(The longer I remain unjabbed with the clot-shot, the more evidence I see supporting my decision.)
To: Tell It Right
That damn putin................ Are we (they)really calling it putinflation? Now I think I know what branDUHn meant when he said a summer of suffering and death.
21 posted on
06/10/2022 6:46:04 AM PDT by
rktman
(Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
To: All
25 posted on
06/10/2022 6:58:04 AM PDT by
Diana in Wisconsin
(I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
To: Tell It Right
Let’s go, Brandon! Record-setting every single day!
28 posted on
06/10/2022 7:17:50 AM PDT by
Nathan _in_Arkansas
(Hoist the black flag and begin slitting throats. )
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