Sharply lower gas prices for
In LA gas prices are up $5.19+ in many areas
Cheaper used cars
Up 10%
The Associated Press = BS Reports
False headline. Inflation didn’t fall at all.
The rate of increase declined slightly, but prices are still going up at a high rate.
If inflation was truly falling the Fed wouldn’t be so focused on raising rates.
The PPI comes out tomorrow.
A
P
ALL PROPAGANDA !!!
This article is sandwiched beween several others which say that inflation is continuing and is at a high rate.
Wow, the headline doesn’t match the ex erpt whatsoever
HAPPY DAYS ARE HERE AGAIN!!!
Celebrate folks!!
Just not too much, you’ll go bankrupt on buying the booze.
On a monthly basis, prices rose 0.1%, after a flat reading in July.
Just goes to show you how they will manipulate the numbers in order to make it look like the economy is improving just before the mid-terms.
Outright lying!
Wall Streets reaction to today’s inflation report and that report was a lie as it did not report the actual realm higher rate we all know.
Today:
S&P 500
3,985.91
-124.50(-3.03%)
Dow 30
31,530.09
-851.25(-2.63%)
Nasdaq
11,790.98
-475.43(-3.88%)
Low gas prices haven’t done jack. Jo Jo’s high gas prices have caused the cost of EVERYTHING ELSE TO SKYROCKET. Gas may have fallen a few cents but everyone else isn’t about to drop their newly inflated prices. I have yet to see anything drop in prices due to the falling gas prices. And a few cents of the cost of gasoline doesn’t begin to make the inflated costs we’re paying for everything else to drop. BTW: What happened to all the bullshot JoJo’s “media” has been selling us for the past two years that Jo Jo’s increases in the cost of fuel wasn’t driving inflation? Friggin’ liars. Which is it? You can’t have it both ways. Friggin’ clowns have yet to figure out how the economy works.
I am old enough to remember when they didn’t include gas prices in the inflation calculations. My how a chomo with a “D” next to his name changes things.
Translation:
The economy is really, really, really, really crappy, but not really, really, really, really, really crappy . . .
“On a monthly basis, prices rose 0.1%, after a flat reading in July.”
So it’s higher than last month... but it fell.
“war is peace”.
The media is supposed to be protecting the country from tyranny. It is just the opposite.
Some of it is because a lot of people are only spending their money on the basic items. They cannot afford anything else.
Sugar coating to protect Adolf Brandon and his thugs.
Dow futures drop 400 points after hot inflation report
CNBC ^ | 09/14/2022 | Jesse Pound
Posted on 9/13/2022, 6:09:57 AM by tanstaafl.72555
Stock futures dropped on Tuesday morning after an August inflation report came in hotter than expected.
Dow Jones Industrial Average futures sank 406 points, or about 1.3%. S&P 500 futures fell 1.7% and Nasdaq 100 futures slid 2.3%.
The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month.
Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.
(Excerpt) Read more at cnbc.com ...
Wow.
Talk about Orwellian.