I’ve had posts on CNBC videos either immediately not post or other ones disappear on other videos. You’d be surprised how many investors use these videos to make decisions and that’s what CNBC is meant to do: control the economic narrative. My guess is they have an AI language filter off the cusp and then they have people scour through the comments later and get ones the AI missed
When the Fed expects Core PCE to move from 2.8% to 2.0% over the next 3 years, rounding to nearest 0.1% really doesn't make much sense anymore. If you want higher-precision data, YoY Core PCE moved from 2.840% to 2.820%, rounding to nearest 0.001%
Inflation on inflation when either past or present has been high is not encouraging. We’re still playing catch-up for probably years to come. That said most peoples pay hasn’t caught up from even 2008 2009 and never will. Time to get a new job if only the Silent generation and Boomers would leave the employment market
Just eliminate the data until a positive number appears then simply redact the numbers at a later date to fit the intended goal .
Strange how inconveniently truthful posts vanish.
I’ve had posts on CNBC videos either immediately not post or other ones disappear on other videos. You’d be surprised how many investors use these videos to make decisions and that’s what CNBC is meant to do: control the economic narrative.
My guess is they have an AI language filter off the cusp and then they have people scour through the comments later and get ones the AI missed
i base all my trading decisions on ricks smile
Basically it is in a standstill
Correct
It actually did move down slightly, just not enough to move another 0.1% barrier. Looks like it was 2.840% in Feb and now 2.820% in March
If you even believe the metrics reported…
It's not about the legitimacy of the number but the markets reaction to it. Everyone knows that these numbers, like the jobs numbers, are cooked.
When the Fed expects Core PCE to move from 2.8% to 2.0% over the next 3 years, rounding to nearest 0.1% really doesn't make much sense anymore.
If you want higher-precision data, YoY Core PCE moved from 2.840% to 2.820%, rounding to nearest 0.001%
EXACTLY! Sick of seeing 1/10 here a 1/10 there. Projection was 3.1 came in 3.2. Christ almighty.
Acceleration
2.8% Inflation isn't bad - 2018 saw cumulative inflation of 2.5% and the world didn't end.
u dumb? 2.8% on top of all the other inflation thats been happening WERE UP 50%
Yeah. We also didn't have multiple years of inflation outpacing wage growth when that happened in 2018.
that is on top of the 9% we had in 2022, 2.8% on top of 9% is a big deal. Learn some math.,
It’s not inflation , it’s price gouging.
Inflation goes up, DXY surges, this year's rate cuts are off the table - stock market pumps on the 'positive news', lol
I expected more.
Rate cut is inevitable (starting this year) to prevent a recession
Bears have predicted 14 of the last 2 recessions
pretend inflation is not going up
Works for FED and Treasury.....
Do people not realise that its only normal for progress to stall, it normalises for a bit and continues downwards, thats how its supposed to be
Hey Santelli?
How much consumption can Consumers stand?
We are already $17 trillion in the hole.....
Re Inflation..forget rate cuts..rate hikes coming into conversation in a theatre near you
Inflation on inflation when either past or present has been high is not encouraging. We’re still playing catch-up for probably years to come.
That said most peoples pay hasn’t caught up from even 2008 2009 and never will. Time to get a new job if only the Silent generation and Boomers would leave the employment market
Stagflation!
Stagflation
RAISE THE RATES!!!
Hen the more the government has to borrow to pay the interest on the debt and on and on til we have hyperinflation.
@@ace9840people still don't understand this. Doing nothing makes the most sense right now.
if 5.25-5.5% Fed rate was appropriate to bring down inflation when Core PCE was ~5.5%, why is a higher rate now appropriate when Core PCE is 2.8%?
Looks like 2% inflation to me. CUT those rates.