CPI falls for the first time in forever

[Crepitus]

Bidenomics is working. Inflation actually fell last month.
\
But everyone is too busy attacking the man responsible to notice.

Inflation down, jobs up.

Thanks to you, Joe Biden, the soft landing for the economy is now nearly certain.

Inflation Falls for the First Time Since the Pandemic

The Consumer Price Index fell in June on a monthly basis, the Department of Labor reported Thursday, marking the first time the cost of goods and services has registered a decline since May 2020, in the early days of the pandemic. Prices fell 0.1% in June compared to May and were up 3% compared...

finance.yahoo.com

 

[T. A. Gardner]

Bidenomics is working. Inflation actually fell last month.
\
But everyone is too busy attacking the man responsible to notice.

Inflation down, jobs up.

Thanks to you, Joe Biden, the soft landing for the economy is now nearly certain.

Inflation Falls for the First Time Since the Pandemic

The Consumer Price Index fell in June on a monthly basis, the Department of Labor reported Thursday, marking the first time the cost of goods and services has registered a decline since May 2020, in the early days of the pandemic. Prices fell 0.1% in June compared to May and were up 3% compared...

finance.yahoo.com

Inflation is still higher than when Biden took office.
Jobs are flat and the labor utilization rate is still pathetically low
That the price of goods and services has stopped going up like a rocket, is good but hardly something to write home about being one month out of over 36 where we've seen prices rise substantially.

In a word, since Biden took office, the economy sucks.

Bidenomics is an utter and complete failure.

 

[PostmodernProphet]

Bidenomics is working. Inflation actually fell last month.
\
But everyone is too busy attacking the man responsible to notice.

Inflation down, jobs up.

Thanks to you, Joe Biden, the soft landing for the economy is now nearly certain.

Inflation Falls for the First Time Since the Pandemic

The Consumer Price Index fell in June on a monthly basis, the Department of Labor reported Thursday, marking the first time the cost of goods and services has registered a decline since May 2020, in the early days of the pandemic. Prices fell 0.1% in June compared to May and were up 3% compared...

finance.yahoo.com

ROFL......stupidity like this is WHY we've had three and a half years of inflation.......

 

[cawacko]

Bidenomics is working. Inflation actually fell last month.
\
But everyone is too busy attacking the man responsible to notice.

Inflation down, jobs up.

Thanks to you, Joe Biden, the soft landing for the economy is now nearly certain.

Inflation Falls for the First Time Since the Pandemic

The Consumer Price Index fell in June on a monthly basis, the Department of Labor reported Thursday, marking the first time the cost of goods and services has registered a decline since May 2020, in the early days of the pandemic. Prices fell 0.1% in June compared to May and were up 3% compared...

finance.yahoo.com

Do you think Biden back channels to Powell what the Fed should do with rates?

 

[Crepitus]

Inflation is still higher than when Biden took office.
Jobs are flat and the labor utilization rate is still pathetically low
That the price of goods and services has stopped going up like a rocket, is good but hardly something to write home about being one month out of over 36 where we've seen prices rise substantially.

In a word, since Biden took office, the economy sucks.

Bidenomics is an utter and complete failure.

None of that turns out to be true.

Sorry for your luck.

 

[Crepitus]

ROFL......stupidity like this is WHY we've had three and a half years of inflation.......

Lol, nope.

tRump bungling of the pandemic response is why we have had years of inflaion.

 

[martin]

Inflation is still higher than when Biden took office.
Jobs are flat and the labor utilization rate is still pathetically low


In a word, since Biden took office, the economy sucks.

Bidenomics is an utter and complete failure.

Trumpers get their news from the Trump campaign.

"Biden Has a Historically High Job Market":

Biden Has a Historically Strong Job Market. It May Not Be Enough.

Job gains continue to surge, and the unemployment rate remains low, but as the president seeks re-election, voters say they care more about high prices.

www.nytimes.com

 

[Crepitus]

Do you think Biden back channels to Powell what the Fed should do with rates?

Nope.

But you know they communicate. It's all over and above board.

 

[cawacko]

Nope.

But you know they communicate. It's all over and above board.

For clarity, they communicate about rates and what the direction the Fed should take them?

 

[Crepitus]

For clarity, they communicate about rates and what the direction the Fed should take them?

Huh? Did you expect them not to?

 

[cawacko]

Huh? Did you expect them not to?

Yes. The Fed, in theory, is supposed to operate independently. That is how it was set up.

That hasn’t stopped Presidents in the past from trying to exert pressure over rates but no, the President and the Chairman of the Fed do not get on calls to discuss where rates should go.

 

[Hawkeye10]

Bidenomics is working. Inflation actually fell last month.
\
But everyone is too busy attacking the man responsible to notice.

Inflation down, jobs up.

Thanks to you, Joe Biden, the soft landing for the economy is now nearly certain.

Inflation Falls for the First Time Since the Pandemic

The Consumer Price Index fell in June on a monthly basis, the Department of Labor reported Thursday, marking the first time the cost of goods and services has registered a decline since May 2020, in the early days of the pandemic. Prices fell 0.1% in June compared to May and were up 3% compared...

finance.yahoo.com

The guy who probably could not figure out how to pay for is ice cream cone did this we are told.

 

[cawacko]

Huh? Did you expect them not to?

The reason I brought it up is the dominant discussion in economic and financials news over the past year has been can Powell (and by extension the Fed) engineer a soft landing.

Your OP was basically saying F that. Bidenomics dominates over any monetary policy.

 

[Kamala Trump]

Bidenomics is working. Inflation actually fell last month.
\
But everyone is too busy attacking the man responsible to notice.

Inflation down, jobs up.

Thanks to you, Joe Biden, the soft landing for the economy is now nearly certain.

Inflation Falls for the First Time Since the Pandemic

The Consumer Price Index fell in June on a monthly basis, the Department of Labor reported Thursday, marking the first time the cost of goods and services has registered a decline since May 2020, in the early days of the pandemic. Prices fell 0.1% in June compared to May and were up 3% compared...

finance.yahoo.com

you can't even make the titles of your threads sensible.

 

[ExpressLane]

None of that turns out to be true.

Sorry for your luck.

Why are you lying? Your credibility on here going to be nothing. Inflation is ~20% higher than when Biden took office. Housing is up food it up cars are up gasoline are up.

 

[PostmodernProphet]

Lol, nope.

tRump bungling of the pandemic response is why we have had years of inflaion.

there are idiots who believe that.......most of them can't explain why it peaked in Biden's third year though......

 

[ThatOwlWoman]

Bidenomics is working. Inflation actually fell last month.
\
But everyone is too busy attacking the man responsible to notice.

Inflation down, jobs up.

Thanks to you, Joe Biden, the soft landing for the economy is now nearly certain.

Inflation Falls for the First Time Since the Pandemic

The Consumer Price Index fell in June on a monthly basis, the Department of Labor reported Thursday, marking the first time the cost of goods and services has registered a decline since May 2020, in the early days of the pandemic. Prices fell 0.1% in June compared to May and were up 3% compared...

finance.yahoo.com

Oh, the markets sure noticed! Our portfolio jumped by five figures. Thanks, President Biden!

 

[ThatOwlWoman]

Why are you lying? Your credibility on here going to be nothing. Inflation is ~20% higher than when Biden took office. Housing is up food it up cars are up gasoline are up.

Translation from the MAGATese:
MAGAT: *accuses opponent of having no credibility on the board.*
MAGAT: *then tells a whopper of a lie with no evidence that proves it's accurate*
JPP:

 

[Kamala Trump]

Oh, the markets sure noticed! Our portfolio jumped by five figures. Thanks, President Biden!

yes. Dem policy is meant to bifurcate the economy into two classes the haves and have nots.

the middle class is being raped. and the poors are, yes, still being raped.

 

[Crepitus]

Yes. The Fed, in theory, is supposed to operate independently. That is how it was set up.

That hasn’t stopped Presidents in the past from trying to exert pressure over rates but no, the President and the Chairman of the Fed do not get on calls to discuss where rates should go.

They consult, the president doesn't direct.