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Core inflation rate slows to 3.2% in December

Discussion in 'Too Hot for Swamp Gas' started by OklahomaGator, Jan 15, 2025.

  1. OklahomaGator

    OklahomaGator Jedi Administrator Moderator VIP Member

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    Core inflation rate slows to 3.2% in December, less than expected

    Points
    • The consumer price index increased a seasonally adjusted 0.4% on the month, putting the 12-month inflation rate at 2.9%. The annual number was in line with forecasts.
    • Core CPI annual rate was 3.2%, a notch down from the month before and slightly better than the 3.3% outlook.
    It seemed in line with what was expected. The stock market was expected to like the news this morning.
     
    • Agree Agree x 1
    • Informative Informative x 1
  2. mdgator05

    mdgator05 Premium Member

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    Just in time to cut the labor supply and increase the costs of just about every component.
     
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  3. gator_jo

    gator_jo GC Hall of Fame

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    Biden economy continues to roll along like a well-oiled machine.

    Good thing we elected a traitor felon to (not) fix what isn't broken.
     
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  4. OklahomaGator

    OklahomaGator Jedi Administrator Moderator VIP Member

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    Maybe if Pelosi and Schumer hadn't pushed Joe out, he would have beaten Trump. He says he would have.
     
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  5. citygator

    citygator VIP Member

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    The democrats weren’t cowards about pushing out someone they think shouldn’t be president for 4 more years. The republicans are cowards at every turn. That is their driving philosophy “How can I cower from doing the right thing?”
     
    Last edited: Jan 15, 2025
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  6. citygator

    citygator VIP Member

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    Inflation. Another boogeyman for the right. Just like immigration. Voters are abject morons. I can’t wait to post my tax savings on here next year.
     
  7. gator_jo

    gator_jo GC Hall of Fame

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    Who do you mean - the Republican politicians who turned a blind eye when someone in their party enacted a criminal conspiracy to overturn an election, which culminated in a violent attack on our Capitol?

    Or do you mean the Republican voters who actually brought themselves to cast a vote for the felon who enacted that vile conspiracy? (And committed numerous other crimes.)

    Or do you mean the Republican voters who say that they don't like the traitor criminal Trump.... but who cast votes for people who tell lies on behalf of Trump, and to help further his lies?


    Oh, I know!!!! All of the above?
     
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  8. g8orbill

    g8orbill Old Gator Moderator VIP Member

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    I will wait for the revised figures
     
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  9. docspor

    docspor GC Hall of Fame

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    Inflation rate on 1/15/1989 = 4.7%. Pretty sure all revisions are in.
     
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  10. vaxcardinal

    vaxcardinal GC Hall of Fame

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    Also said Kamala would have won. Has anyone bothered to break the news to him?
     
  11. ATLGATORFAN

    ATLGATORFAN Premium Member

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    So immigration and inflation are manufactured crises ? pretty sure it’s not possible for you to post without either gaslighting, projecting, conflating, claiming intellectual superiority, and/or a healthy dose of hubris.

    but as I always say. Keep being you. It helped get DJT elected.
     
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  12. vegasfox

    vegasfox GC Hall of Fame

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    The traitors are Biden, the Democrats, the RINOs and everyone who knowingly voted for having the US colonized by the 3rd world.

    As Alan Dershowitz proclaimed, Trump is a "convicted innocent man."

    Our economy is headed toward slow growth and systemic collapse longer term imo.

    GDI is a better measure of economic growth/output than GDP according to some economists and observors:.
    GDP Vs GDI Why The Huge Discrepancy And Which Is The Better Measure Of The Economy? | ZeroHedge

    The GDI and GDP numbers should generally move up and down together but they've been diverging.

    Since April 2024 jobs have been hard to find. The McKelvey recession indicator numbers don't look good. The unemployment numbers don't count many of the unemployed. Rents are still rising. FAIR says illegals are costing the US $150 Billion per year.

    Many Democrats are pretending the economy is great so they can pretend Trump killed it. Just like they pretend Trump committed felonies. Just like they pretend J6 was an insurrection. Just like they pretend J6ers got fair grand juries, juries and judges whe not a single J6er got a trial in his hometown. The most biased (and unfair) juries in America are DC juries per a study conducted by the best pollster in America imo, Rich Baris. Democrat judges like Juan Merchan (and some Repub judges) are violating people's civil rights and they should be prosecuted and sent to jail--per Robert Barnes (constitutional and civil rights lawyer. Also an expert in criminal and tax law)
     
  13. G8tas

    G8tas GC Hall of Fame

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    And will do nothing if the numbers come back just is good
     
  14. g8orbill

    g8orbill Old Gator Moderator VIP Member

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    do they ever do that