What June's unexpected inflation report means for interest rates

Рет қаралды 15,092

21 күн бұрын

The latest CPI report shows inflation came down 0.1% in June, putting the rate over the past year at 3%, slightly lower than economists predicted. CBS News business analyst Jill Schlesinger has more on if the report could spark an interest rate cut from the Federal Reserve.
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Пікірлер: 93

@fintamaria2429 19 күн бұрын

What a joke you don’t know how to react, laugh or cry 😢😢😢

@adkinsaaron60 14 күн бұрын

Apartments are unaffordable, houses are unaffordable. 35 making 23 an hour. Can't get a place of my own. Why? When will I be able to have a home

@floridastacker 19 күн бұрын

You failed to mention massive government spending and killing US energy as the real culprit

@Hasanaljadid 19 күн бұрын

US energy killing!How?

@floridastacker 14 күн бұрын

@Hasanaljadid Joe Biden signed executive orders reducing US drilling, fracking and exploration and stopped the keystone pipeline. A year later putin invaded but energy prices had already doubled

@bankcj 19 күн бұрын

.5% Margin of Error

@RandomRabbit007 19 күн бұрын

Exactly

@Hasanaljadid 19 күн бұрын

Nope.Food prices are stable and Motor fuel Prices declined

@RandomRabbit007 18 күн бұрын

@@Hasanaljadid until the revision

@ferminzavala8282 18 күн бұрын

My groceries say otherwise

@Vfnumbers 19 күн бұрын

What a joke. 😂

@TrevorWebb-ck2yv 19 күн бұрын

Every 10 cent increase per dollar of spending is 10% inflation. It's the main reason I don't believe this BS report at all.

@JoeSmith-fu9yx 19 күн бұрын

Rates aren’t going down for a .1% drop month over month.

@user-fn4ei3dt2p 19 күн бұрын

A "natural occurance." Yeah. okay, lady.

@WhateverFarley 19 күн бұрын

So ?

@Livin_is_life 19 күн бұрын

Slowing down.... not going down 🤔😲🤨

@alooga555 19 күн бұрын

The rate of inflation is still a full percentage above the Fed's target rate of 2%. Powell & Co. have not accomplished the mission yet.

@theunbearablebull 19 күн бұрын

Meh, they are still on track to cut in sept which is all that matters

@tedstriker6743 19 күн бұрын

It’s the Fed cuts rates before 2%. I completely give up on the possibility of recovering from this disaster.

@theunbearablebull 18 күн бұрын

@@tedstriker6743 Well the thing is you probably barely passed high school, so let's keep the macroeconomic decisions to the people with a brain, shall we?

@WillieFungo 18 күн бұрын

@@theunbearablebull Who is that? Jerome Powell who created this mess with his excessively dovish and over-stimulatory policy? Rates need to stay where they are.

@jz3689 19 күн бұрын

Funny how this happens right before the election. FJB

@anonymoususer7670 19 күн бұрын

Welcome to Venezuela 😂

@NHLblkgurl 19 күн бұрын

A dozen fed funds rate hikes and we only still get INCREASE at an infinitesimal slower rate of increasing? (Must be an election year)

@cameronf3343 19 күн бұрын

3 years of Trump either putting tariffs on raw materials or making them expensive because of being made by overpriced American labor + the effects of a year of harsh global shutdowns + 3 years *still* playing catch up + several trillion dollars printed 2020 onwards and still going = yeah it’s gonna take a while to get back to 2%.

@Shining237 19 күн бұрын

Inflation will continue to worsen as long as Ukraine conflict continues. Both are directly linked together. We're printing money like crazy now.

@thedopplereffect00 19 күн бұрын

Stop giving them money. Problem solved

@tedstriker6743 19 күн бұрын

Still long way off from 3% stop smiling. Also talk about how high it is over the last three years 22% no smile here at all

@priesnellwarren8564 19 күн бұрын

Great context made in that a dip in point to point inflation does not necessarily means prices are falling significantly.

@AvidiaNirvana 19 күн бұрын

Way to go Brandon!

@theunbearablebull 19 күн бұрын

Yes siiiir, he had to clean up Trumps mess. Glad he is getting us out of it

@AvidiaNirvana 19 күн бұрын

@@theunbearablebull The difference between us is, I won't pretend Trump had nothing to do with inflation... Einstein.

@Carlosmartinez-hi9nj 18 күн бұрын

Inflation is definitely not cooling. The other day, when I went grocery shopping, a carton of eggs cost $7.50 and a loaf of bread was $5.00! 😂😂 FJB!

@goneviral8814 19 күн бұрын

Positive 😅😂😅😅😂😅😂 wow .01 down lol

@treztracks 19 күн бұрын

0.1%😂

@conscientiousobjector5988 19 күн бұрын

What!?

@MrMcgooOG 19 күн бұрын

Bidenomics alive and well.

@Network126 17 күн бұрын

I've been homeless since the pandemic.

@alexshatner3907 19 күн бұрын

A WHOPPING 1% WOW I AM HAVING A HEART ATTACK OF HAPPINESS

@thedopplereffect00 19 күн бұрын

Inflation still increased. Raw CPI numbers are 314.069 to 314.175

@gentrybrown2032 19 күн бұрын

She explained that terribly. Here is the explanation: You voted in democrats so we have inflation of ~25% permanently. We can bring rates down but those new prices are permanent. They will just increase slower from here versus your 25% democrat spike. Now if you vote Joe Biden again you might want to consider another 10-25% price hike. So vote accordingly...

@bodybykenni 19 күн бұрын

I’m crying laughing! 😂😂😂 It’s no way there’s multiple videos recommending me to watch this BREAKING NEWS! Wow…Inflation Down .1%, It’s a Buyers Market now! 😂 I watched a News Report about Residents in an Apartment Building suffering from being hot because it’s hot. They literally interviewed a young gentleman to inform the public, *verbatim* “When the sun is closer to you, Your apartment can get really hot during the day.” I was flabbergasted by this new science he was speaking of! They interviewed a HAVC “Expert” to explain how expensive it is to install a cooling system. I’ve had central air for years BUT did they stop selling fans? I’m truly curious. 🧐 😂😂

@Letsgetmad36 19 күн бұрын

Sorty said .1%

@lokesh303101 19 күн бұрын

3.0%

@Cocolicious08758 19 күн бұрын

Lies

@bobby-ov9qn 19 күн бұрын

It's what we have been accustomed to getting from these Democrat fluffers.

@taranjitsingh2714 19 күн бұрын

Gold stocks going up….look for Q2 blockbuster earnings with high gold prices…gold stocks will skyrocket and not to mention interest rates coming down further fueling prices!! Just my take on my portfolio.

@joelyates2404 19 күн бұрын

Your positive news won't last long. Yesterday, gas prices by me went up 10%.

@claudiamariebermudez6727 19 күн бұрын

really? big deal

@keithmoriyama5421 19 күн бұрын

They keep telling us that inflation is going down, but my food/ gas bill keeps getting higher.

@Hasanaljadid 19 күн бұрын

Nope.Gas prises lower now

@MIAMIC70 19 күн бұрын

.1% meanwhile UP 20-30% over last 3 years. GTGOH!

@annawow1026 18 күн бұрын

People blind n a lie.....

@StewieGriffin 19 күн бұрын

TICKER $A C H R Stellantis bought 17 million shares for Air Taxi Funding to fight road congestion 350 MILLION SHARES TOTAL 60% OF IT IS HELD BY INSTITUTIONS WE ONLY HAVE 133M FLOAT REMAINING 55 MILLION SHARES ARE SHORTED

@CaliforniaDecline 19 күн бұрын

.1 Is the loneliest number that you will ever see... Basically flat. Zoom out for the real picture.

@sergiosilva7528 19 күн бұрын

1st: People in the comments section seem to not understand how inflation works. 2nd: -0,3p.p. yoy and -0,1p.p mom. 3rd: let's hope this trend continues and the FED decreases the interest rates this summer.

@Havardr_Ash_Kenaz 19 күн бұрын

This isn't even worth reporting on considering we would need inflation to be below 0 for prices to start dropping.

@sergiosilva7528 19 күн бұрын

You don't know how economy works! Deflation will be terrible and will mean a economic crisis, gdp will decrease, etc.

@theunbearablebull 19 күн бұрын

This might be the dumbest comment I've seen lol

@thedopplereffect00 19 күн бұрын

@@sergiosilva7528that's a lie they have been telling you for decades. Deflation means cost of goods going down due to efficiency gains. They print money and increase government spending to keep us from living better lives. Deflation use to be the norm when we used gold

@WillieFungo 18 күн бұрын

@sergiosilva7528 Who cares? Recessions are a necessary and healthy part of the free market system because they unwind inefficiencies and give young people a chance to acquire currently overvalued assets.

@sergiosilva7528 18 күн бұрын

@@WillieFungo Who cares?! Maybe the people affected by a recession. This reminds me a famous quote: It's a recession when your neighbor loses his job; it's a depression when you lose yours (Harry S Truman).

@aliasrose 19 күн бұрын

Unexpected because it's untrue.

@christopherpuffer6494 19 күн бұрын

Bull crappy.

@jimlong487 19 күн бұрын

Inflation over the past 4 years is over 20 percent.

@NHLblkgurl 19 күн бұрын

You know we’re in an election year, with democrat incumbents in trouble, when it takes 5 min to explain “the good news” is inflation is still rising, and rising within that already record double digits+, only and infinitesimal lessor rising within the already skyrocketed inflationary numbers of the last 4 years. (And them ignoring and not even reporting the dozen fed funds rate hikes/massively high interest consumer rates just to do that)