Analysts claims are that lower gasoline prices, lower commodity prices and supply chain improvements will show a lower CPI Wednesday morning (tomorrow).

Inflation expectations are to be at 8.7% down from 9%+.

CNBC, WSJ

We’ll know by 9am est.

You are a moron...

That is all.

Yea,that is like going to the gas station and getting gas for $4.39 a gallon instead of $4.99 and think you are getting a good deal

8.7% vs a little over 9% isn't much of an improvement. I probably won't notice the drop.

Maybe...but, only until Nov 9.

Purely political theater and nothing more.

Inflation now is around 21 to 23 per cent at the very minimum.


Houston/ol toot is just spreading Dem BS again that our country is doing great

Pretty much like that.

The things I buy seem to cost a heck of a lot more than 9% more than last year. Our living expenses are up much more than that.

Huh, one year ago the average price was $3.269. I believe most folks would say at $4.39, while better than $4.99 (probably the crest around my area), is still f.....ing high inflation and certainly nothing to crow about.

The odd thing about this report is that it mentions gasoline when fuel and food are typically not a part of the calculation of CPI.

Again, political theater.

Ol Fart, you're a real dumbass.

Great to see the low IQ Howler Monkeys jumping aboard.

Laughing!

And another one swept to the trash bin of irrelevance .

Liking Ignore for the Ignor-ants where you belong.

ot toot. batting about 1.7 per cent on his economic predictions from MSNBC

I am sure now that Tootie is also Suck Ass Charlie.

Probably also funny bone.

Whata fugging pussy.

The only reason why the price of gasoline is falling is because of the pending and currently occurring recession. The oil speculators have pulled back expecting the demand to go down. If for some reason the recession is delayed the prices will stay where they are. If we really fall over the edge and folks are laid off by large numbers the price will go down because demand will go down. Of course, if there is no recession then expect prices to go back up. Considerably.

kwg

Exactly...



Surprised he isnt calling a buncha of us goyims or however the fugg it is spelled anymore.
Tucked his fuuuking tail and bailed as old toot.
The heat was too much for him and it was make a sockpuppet time for a feel good factor again.
He is no longer jewish now that he is houston2 I geuss.

Some of the fuggtards on here are really pathetic in the lenghts they will go too for attention good or bad.

JeffO is probably running some of these Liberal Socialist Democrat sockpuppets...

The simple reality is that at XYZ price for crude... it is no longer worth pumping out of the ground.

Same with lumber... at XYZ price per thousand... no one will bear the cost of running a saw or skidder.

Fish, meat, farming are the same.

Capitalism is in the crosshairs of the Socialist rifle.

Free money caused inflation... FACT

NO ONE MAKES THINGS AT A LOSS... NO ONE.

I see no exit from the spiral.

The pain that is coming is going to be substantial.

Houston/Old Kook is a moron that spews stupidity like a $2 hooker at a gang bang.

until we and i mean us get those f__kin morons out of the Whitehouse and put Trump back in there will be no real change. so hope for 2023 January these morons are thrown out of the Whitehouse permantly , America is a mess right now.

Yes they are.

Food and fuel are in the CPI which is the figures you are quoting in your post at the top. Core Inflation, what your people at the Fed claim they use to set rates, is calculated from CPI and PCE after controlling out food and fuel.

Half of Joe's stupid moves haven't even kicked in yet. It will get worse until at least after the next election. And that's only if we win.

Just in time for the Midterms

Houston can be proud of his vote now.

LOL

"Everything is fine."

How the hell did old toot make it to geezerhood.

Yep

Look at the Howler Monkeys squalling here.

Too easy!

I bet you'd suck the fuqk snot out of an ape's dick.

Goyim is plural and goy is singular. Gentiles/gentile is the more politically correct term.


Jewishness is a stink that doesn't wash off. He can no more hide what he is than the scorpion can not sting the frog.

Hes an Episcopalian now.

Ain’t a Howler Monkey in the whole collection who has an IQ of more than 75.

And that’s being generous.

Laughing!

I have a great memory for prices of groceries and I can say with 110% certainty inflation for 2022 has exceeded 20% by a wide margin.

Give us a hint as to your next sock puppet ol kook.

Ya know... because we all be dumb as rocks.

Stupid fugg...

The CPI will be about 8.5%, then will quietly get revised up in a few weeks. Even if gas goes down, diesel is still $4.75 in Wisconsin. With those prices, inflation will stay high. Food is NOT going down. Even milk is up $1 a gal. in 2 months. The feds will lie about CPI just like they are lying about the crude oil inventory going up 8 million barrels last week. Everyone that is in the business knows it is a lie to drop gas prices. The oil supply is getting even tighter and will continue . To make matters worse, nat. gas is 4 times what it was 2 yrs ago and will likely go up now that fall is on its way .

The kike position is that groceries are not in the CPI numbers, but kikes lie as regularly as they breathe.

I don't know their angle with denying this fact but I am a White man and have to acknowledge that I can't know the subversive thoughts that fill the head of Jews.

LIE... being at the core heart of all of this.

Trust NOTHING .GOV tells you.

Example... "Terrorist Organization"... defined as "Political movement that uses terror as a weapon to achieve its goals."

https://www.wordnik.com/words/terrorist%20organization

Is Not the FBI, IRS, .GOV a "Terrorist Organization" by very definition?

Wait until the new minimum wage takes effect. Sheesh

Dumbest post I've seen in a while. Congrats OP

You’re welcome.

Be sure and thank CNBC and the WSJ while you’re digesting.

Youre FOS, Houstless.

Commander Stephen Rogers, Ret. US Navy said your bud Bidet is lying about the Trump raid.

We thought you leftists hated liars.

Should we believe him or POS lying you?

Troll of the year


Ole toot

Stock futures up slightly in anticipation of lower inflation numbers for July.

Barrons

Dickwad...

That would make a great new Sockpuppet 4U.

And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

I bet you get a rise when you see 8.5 inches 😁

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.

Laughing at the Howler Monkeys .

Again, not a single one of you Ignor-ants has an IQ over 75 and you continue to exhibit it.

Loving it!

Stagflation would be another scenario possibility and we don’t want to go there.

Supposedly the FED target has been a 2% Inflation goal. If we somehow get a soft landing it’ll be purely by accident. Right now it looks like the landing will most likely be a wheels up one.

But the stock market is liking it at the moment.

Jmo

2024 is going to be one hell of a year if we still have a country by then

Core was reported today also.

The six month picture is anyone's guess. With the current Fed and government at the controls, out of control spending, politics, and tensions with China, the Market and economy could do anything including complete implosion.

ALL that team Biden needed to do was exactly NOTHING and we would have record unemployment, strong growth, core inflation and CPI under 3%, and affordable energy prices. In addition, the supply chain problems would be much further along that where they are now.

But the freakin morons had to monkey with the system so now they own it. I suppose the only good news is all the pain and suffering may motivate voters to throw the bums out. But I have my doubts and I also have my doubts that should the GOP retake the House and/or Senate they won't do much better. So just more SSDD while American workers pay for their failure in leadership and intelligence.

I didn’t see the complete report but saw that food and housing indexes were still positive (up). Overall it sounded like Core went up some more and not down.

Re, your last paragraph, people’s memories are very Short. There’s lots of time between now and the mid terms to make things look good, look like things are getting better, etc. and the democrats claiming credit for it.

I’m hopeful voters will remember how we got here but I’m not confident that they will.

Core was unchanged. It was expected to rise.

Good news?

Heh.

The stock markets are giddy over the reports for now.

Repeating howling monkeys, just shows you have no idea, what others are saying. Might make you feel better! Then again it just shows your immaturity, and ignorance! Repeating howling monkeys again in any thread proves my point!

You got it wrong....only the phony Inflation numbers being reported are going down........until the midterm elections are over.

Feel free to ignore if this bothers you and assumes that you have the intelligence to do so.

So, yet another one swept to the trash bin of irrelevance.

Oh my gosh....you are such a pussy.

Hahaha! Pretending not to crave the attention.


So precious.

Old_Twat

Staglation is exactly what we are in the process of right this minute. The Ford and Carter presidency was the only time I can remember it happening in the past.

Are wages keeping up with inflation? GDP is low. Stagnant economy and inflation.

Quote

ALL that team Biden needed to do was exactly NOTHING and we would have record unemployment, strong growth, core inflation and CPI under 3%, and affordable energy prices. In addition, the supply chain problems would be much further along that where they are now.

Bingo

yep. stagflation is coming

wait until ten per cent plus unemployment comes

Wholesale inflation dropped 0.5%. Economists had been expecting an increase of 0.2%


https://www.cnbc.com/2022/08/11/producer-price-index-july-2022-.html


Stock futures this morning seem to like the news.

^^^^^^^^^^^^^^^


THIS


I didnt read the whole thread but in case no one else mentioned it, fuel and food prices aren't figured into the CPI....which is where we get inflation numbers from.

Do the numbers include "shrinkflation"? Things at the grocery store keep shrinking....

Nope. Hidden inflation is only going to get worse over time.