U.S. annual inflation rate drops to 8.5%
1–10 of 918 posts
Re: U.S. annual inflation rate drops to 8.5%
#2No post body was provided.
Re: U.S. annual inflation rate drops to 8.5%
#3Just as the transient inflation camp emptied...
Re: U.S. annual inflation rate drops to 8.5%
#4No post body was provided.
Re: U.S. annual inflation rate drops to 8.5%
#5Quoted post unavailable.
What is your evidence of higher inflation?
Re: U.S. annual inflation rate drops to 8.5%
#6Core inflation is +5.9% YoY (lower than expectations)
I expect the Fed to declare "mission accomplished" via a 50 bps hike in September if the Aug CPI print is lower.
Re: U.S. annual inflation rate drops to 8.5%
#7What a shocker - drastic increases in the price of energy result in inflation, energy price goes down, inflation also begins to go down.
Re: U.S. annual inflation rate drops to 8.5%
#8Energy prices down 4.6%
Gasoline prices down 7.7%
Food prices up 1.1%
Shelter prices up 0.5%
So the minor overall reduction was by far gasoline.
Re: U.S. annual inflation rate drops to 8.5%
#9It's a relief to see actual price drops in fuel and transport services hit before the end of the Summer travel season. Barring additional oil disruption, we can hope to see other prices (e.g. food) correct -- or at least stop growing so fast -- at a lag.
Re: U.S. annual inflation rate drops to 8.5%
#10Whats the goal? At what inflation rate will the Fed be happy with?