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Wholesale Inflation way up

Posted on 5/14/24 at 7:56 am
Posted by StayStrapped
Member since Apr 2024
92 posts
Posted on 5/14/24 at 7:56 am
Posted by SoggyBottomBaw
Live Free Or Die
Member since Nov 2022
456 posts
Posted on 5/14/24 at 7:57 am to
Unexpectedly!...
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51868 posts
Posted on 5/14/24 at 7:58 am to
NB4 "hotter than expected".
Posted by thelawnwranglers
Member since Sep 2007
38857 posts
Posted on 5/14/24 at 8:04 am to
Not impacting bond market for prior month revision down

Market basically saying government data shitty
Posted by Datbawwwww
Member since Oct 2023
249 posts
Posted on 5/14/24 at 8:27 am to
Ignore this, it’s just “Transitory”!
Posted by StayStrapped
Member since Apr 2024
92 posts
Posted on 5/14/24 at 8:29 am to
Transitional
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
31297 posts
Posted on 5/14/24 at 8:51 am to
Didn't they just remove coffee from the inflation calculation?
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41773 posts
Posted on 5/14/24 at 9:29 am to
And the market goes up
Posted by beebefootballfan
Member since Mar 2011
19060 posts
Posted on 5/14/24 at 9:29 am to
Feds can't raise interest rates much more because the government wouldn't be able to afford the interest on the debt.

Rates can't go up much more because 10-13% interest rates would kill any hope the Dems have in November.

Inflation continues as long as we keep cutting checks to foreign governments like we're handing out candy at Halloween.

We're so fricked.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11221 posts
Posted on 5/14/24 at 9:31 am to
quote:

Not impacting bond market for prior month revision down



Welcome to 2021
Posted by Von
Wichita Falls, TX
Member since Feb 2019
1946 posts
Posted on 5/14/24 at 9:32 am to
We must be buying too much stuff again.
Posted by Zach
Gizmonic Institute
Member since May 2005
112657 posts
Posted on 5/14/24 at 9:35 am to
quote:

We must be buying too much stuff again.


Naw, Biden has already explained how to bring inflation down. Companies simply need to lower all their prices.
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