CPI Inflation Report - Interest Rate Cuts Confirmed!
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I really wish people would stop mistaking 'inflation is slowing' with deflation in the comments. Just because inflation is slowing, doesn't mean things are cheaper.
So right.
It'll take at least 12 to 18 months to see any of the lowering of rates.
Dropping interest rate will cause inflation to go back up. I don't know why people don't understand this
Exactly 💯 @@Zero-s7k
@@jstncheney yea it’s a never ending cycle
Does not include food and energy…who needs those, anyway?
It's lower if you include food and energy.
According to Dolores Cannon, there are 30K people on Earth, that dont eat much. Impressive.
I know - totally overrated
@@rymegkasri by the GOVT figures, the same people who lied about the jobs report
Elites dont
Real estate taxes jumped up 35%, my homeowners insurance jumped 30%, my water bill base rate jumped 15% my car insurance has jump 24%, my electricity rate increased 16%. all of this in the last 90 days. How is it inflation coming down? These were structural increases that happened to everyone around the same time.
This a 2.5% rate of INCREASE for last month. It is on top of all the other prior increases. It is not going down. Don't be fooled it is just spin.
Groceries are still not coming down
THE GREAT VALUE DOZEN EGGS HAVE INCREASED BY 50000%!!!!!!!!!!! $3.77 for 12 eggs that aren’t pasture raised or organic. 😂😂 definitely exaggerated but you get the point.
They are gaslighting us
Interest rates are the last thing they need to be cutting right.
It's ASININE to not include Food and Energy for CORE inflation numbers.
It's because demons don't need either of those.
By design
The rationalization is that since those are necessities interest rates won't change demand and thus the price. Tightening the money supply is supposed to make people
not buy as much and so making prices come down.
It's because food and energy prices are more volatile.
It is unusual that we have sustainable energy yet it seems to be limited to an archaic profit system that will not give us cheap energy in the short term.
In other words they turn it off to limit supply and keep prices the same, at present anyway.
When do our auto insurance companies get the memo about this "2.5%"? They seem to be about a decimal place off...
In general, car prices have outpaced inflation. Consider recent levels of insurance fraud, underinsured motorists, repos, etc. It makes sense to me that insurance rates would be higher than inflation. I don’t like it, but do understand the reasons.
If everything is so darn good like they say. There's no need to lower interest rates
Exactly
I don't think anyone said it was "good". More like, we can't hold out any longer.
Just another example of the government causing the problem and selling the "solution".
You don’t want free money anymore?
Rates will hit 0%
Will resume to pre-Covid levels
Damage is done regardless of inflation rates. The prices of everything remain too high for the majority of Americans.
You said it so well. The damage has already been done. It's just a matter of at what pace do they want to make it worse?
...and corporate greed is at an all time high, with bigger than ever bonuses for big execs.
@@barbarawarren9443 who are the execs?
@@barbarawarren9443again learn how the economy works greed is the symptom of the high inflation not the cause
@@barbarawarren9443 lets hide more profits and blame inflation. the poor farmers have not seen an increase at all. so they're also being punished while every other manufacturer rakes in more money, hidden in the "inflation"
As a litmus test, my household combined income has been 65,000 since 2020. The things you can no longer afford start to stack up, until you're sitting in your house realizing the job you work doesn't even pay you enough to put gas in to drive to work. And you still have to eat.....
THIS IS VERY TRUE
I'm right there with you
Totally agree
People income definitely increased
@@Hasanaljadidwages are down 😂
This guy is honestly the worlds best source for news
I’m a farmer. Motors,fans, equipments and materials have gone up since 2022 at least 35-40%. I don’t believe this BS
This makes your profit about 0%.
That makes your profit about 0%.
You're likely being price gouged by the companies selling you the equipment.
Cpi may not be effecting you as much as ppi. For your situation check the PPI data to see if that makes more sense.
@@macruizphotography*Affecting ...
The only TH-camr that's been right all along
As an electrician I can report that copper wire has tripled in price since 2020. Panels, boxes, breakers and pretty much everything else has atleast doubled in price. They won’t drop prices once they got them up
maybe its all those "tariffs"
Right before election, what a great coincidence!
wow did you come up with that all by yourself?
@@tj7870not an argument.
Without stimulus packages we would have been in severe deflation.
Yeah the Dems just want votes.
@tj7870 No they didn't.
But they want others to see the pattern.
Hey Brian, I always appreciate you keeping us updated.
It's my pleasure! Thank you for all the support!
Ditto
I monitored and gladly gave us an overview.
We witnessed “deflation” in the supermarket when asparagus went from $1.99 per pound to $3.99. Ha!
More like *deflation in our stomachs!*
Rotten vegetable price hike!
If you think home prices are unaffordable now, just wait
Prices are dropping everyday..
the bank will end up buying most of the housing, remember you will own nothing and be happy.
@@Itsdjsigi the coping is dropping everyday.
@@Itsdjsigi Think beyond two month time frames. If more money is printed, it'll naturally pump up housing prices.
I'll be " unburdened by what has been" when she gets out of office.
So this is how you unburden what has been.
😆
I agree cutting interest rates is the beginning of the end
I’m overwhelmed by how unburdened I feel now compared to the burdens of the past. I also love school buses!!
😂
😂😂😂
I’m retired on fixed income. My annual property taxes increased $1,400 per year. Food costs about $55 more per week - $2,750 per year. Gas $600 more per year. Utilities $480 more per year. Home maintenance $1,200 more. Car repairs and maintenance $1,000 more. Etc. How do we get that back. In the hole.
Retirees are hit hardest by high inflation.
Tell me about it. Every year that it passes, everything keeps going up. Corporations are benefiting. The best we can do is save, save and save.
That's how the program is rigged. SEEK knowledge to help yourself.
I got shrinkflation. The loaf of bread I bought got smaller.
my wallet suffers from deflation
Make your own bread . Save half make bigger loaves . It's easy!
The bag of bagles used to have 8. Yesterday it had 5!!
I can’t believe we have to make our own bread now because they have shrunk the bread size down to clown-like proportions.
@@ScottishTerrorsInLA bread being sold to you is poisoned anyways
Went grocery shopping today everything went up again prices are higher than last week.
It sure in the hell hasn't felt like inflation has gone down, where i live
Do you mean prices or inflation?
@spencerathearn3586 this all means the rate of inflation. Prices ain't coming down.
The inflation report is obviously curated and manipulated. On top of the fact that the rate is no longer calculated correctly. Intentionally. To make it appear lower than it is.
same. some grocery's are still going up! its bs!
Price hasn’t come down yet, inflation rate is decreasing, which means the speed of prices going up is slowing rapidly. It’s not as simple as it seams man…
Numbers are definitely manipulated to avoid a decent COLA increase!
Exactly.
You nailed it!
Even then, most companies won’t give you the full cola.
@@cryptoace996 COLA is cost of living adjustment for social security recipients.
Cutting rates will do nothing but signal a depressed labor market. Because rate cuts and hikes have a lag effect, cutting rates means nothing other than telling the market that the jobs sector in in deep trouble.
Too late the cuts and the labor market data are already priced in
@@MrMurica I've heard that before and I don't believe such things. If that were true, why cut rates? When was it priced in? Why didn't the priced in rate have it's designed effect?
The cuts are far, far too late. The bond market is screaming this at us
Fed reserve is the problem...
Congress is the problem with excess spending, Fed is their lap dog.
but they do own USA... there is that.
They = )...00..00z
Every. Fkng. Time. 3 times now
I feel for the retirees who have worked their butts off, only to have their buying power whittled down to crisis levels. The true cost of food, utilities, medical, fuel, insurance of all types is soaring. The SS COLA will probably be an insultingly low 2-to-3% for next year.
My homeowners insurance has tripled. My car insurance has doubled (they told me it’s because there is so many illegals driving without insurance!!), my grocery bill has doubled, repair costs for fixing ANYTHING in my home has doubled, home prices are in a huge bubble.,., they have tripled in my area in 4 years. For us normal working folks inflation is about 200%!! The only people benefiting from the crappy federal reserve and democratic economics is rich people who have a large amount of discretionary income. Not to mention they just imported 21 million people for cheap labor so they can keep the American worker wages stagnant. Please vote RED in November!!!!
Red isn't doing much either but I guess it is still better. The truth is we need to fire alot of people in power and remove half of the 3 letter government agency.
I’m voting an all red ticket
@@brucey5585 true!! But how do we fire them?? We have to vote them out. It’s kind of the lesser of two evil choice situation!
Have you thought about opening up your own business and hiring the cheap labor ? 🙂
@@brucey5585 Honestly, all those departments should be removed and "red" is just controlled opposition, which is why you routinely heard about agencies going after ANY other party and criminalizing it prior to the total blackout autocensorship in 2017.
when you remove so many numbers/things to count in the report, you can make the report look awesome...... It's NOT......
The one thing that kept inflation high is shelter.
Delinquency loans are only rising.
When that goes say bye bye to any inflation rising.
After another few years, people will be wondering why a single McChicken costs $18.50
Now i"m hungry, haha
Inflation, over time, is cumulative. Meaning if you get 9% inflation in one month, and just say the next month was 5% inflation, yes it dropped, but cumulatively prices would be up 14%. Everything in our country is up in price over 25% the last 3 years. I feel it at the grocery store every time I go
Now the problem is all these insurance companies that went up! They are taking any money we make.
My grocery bill has not dropped …… 🤷🏻♂️
The rate of inflation has slowed. That means prices are still going up, just not as fast as they were before.
has only increased in the last few weeks, but inflation is down LOL
SURE
Inflation is still going up just at a slower rate. 😂
@@clearvaluetax9382 And, it is on top of all the previous inflation. So, if a product went from $10 to $20 and inflation is zero. The cost has still doubled with zero inflation.
That will be deflation not slow inflation
How on earth is energy -4% when I got the biggest electricity bill ever?
Does anyone believe it is 2.5? Sorry but that is the biggest BS I have heard.
Crude price is down. Not surprised energy inflation was down. Food, services, and shelter inflation still ridiculous.
No lies told...
Always during this time After Summer. I've been watching the patterns. Prices will go up again after Christmas...just watch...
Was out of the country for 2 weeks. When I came back I noticed prices of several items had gone up!
Do old people realize that at the beginning of the year, inflation was 9.+ % , just because the interest rate is 2.9% , that means that inflation was at 9+% in the spring just means all 9% is still there but inflation has come down from the 9%to 5.6%to 4.3 % to current 2.9% and if you add it up, inflation has hit us by 21.9% just this year, all you have to do is ADD IT UP. Think People
Shelter inflation is definitely higher than 5.2%
fix the money and abolish the Federal Reserve
Right after a presidential debate, how convenient
🙂🙂
🙃🙃
Yep. Dems just want the votes.
It's like the Fire Department announcing that they are going to start using gasoline to put out fires.🙄
I still think we need to keep these rates where they are till the end of the year, but thats just me.
I agree 100%
Not just you .
💯
i think they need to go up. everything is crashing, by hiking rates it'll hurt some businesses but also force some DESPERATELY needed deflation, bringing prices back to where people might be able to afford life again
@@bradhaines3142 You're not wrong!
In August of every year, they lower the interest rate for 2 months, so that the Cost of Living Adjustment for Social Security is only 2.5% in January. Watch the interest rate hike up by November. Happens every year.
That’s some strong hopium
🤷🏻♂️ My generation won’t get social security anyway so enjoy getting it before it goes belly up.
@@thetapheonix The only way any current generation won't receive social security is if either the stock market or the federal government (or both) completely collapses. Do you think that will occur in the next 50 years?
@@renardfox328Yes
@@renardfox328 I wish I had such blind optimism.
So we can expect dollar and s&p500 gonna be bearish right
The rate of inflation dropped, but never forget the govt. lied about about the new jobs created in the last year by 818,000. And again last month by a lot too ( I forget the number).
In my opinion rates are fine where they are right now. You must remember that core inflation is 3.2 % which is nowhere near the Feds 2% target.
Artificial numbers at best
The inflation rate doesn't include food and everything that has gone up due to inflation. THhs is what they do.
Don't let bidenomics continue as harrisnomics! Vote all Democrats out in November!
Big picture....all this does not matter. Greed is the killer of happiness. You lower interest rates and prices still rise, it doesn't matter. In the housing industry, the seller will always ask for more so prices rise.
Keep voting blue, and we might have to migrate illegally to the south of the continent.
Ha yeah why are people migrating to the united states when life is expensive here, more expensive than where they come from. Life must be hellish there
People’s college-aged children migrate there annually with their drunk unruly selves for Spring break and ruin the area around them and then migrate back.
Hahaha we're going to be trying to sneak into Mexico while they sneaking over here 😂😂
@@gasmakingboost thailand or phillipines might be better
Hell, I'll deport you to North Korea if you want 😂
The prices we see now will never go down. Only up. "Core Inflation" really contains only "lucky rabbits feet" and "bobby pins" and the Fed notes that these two items are at only 2.5% inflation . Mission accomplished! 🙄
Cutting rates will not help. People are broke. Living on credit cards. The market has nothing to do with the average American. Inflation is still high and there has been no change. 4:57
It must be an election year. 😂😂
Yep. Dems just want the votes.
Best financial commentary on the net. Thnx 4 your clarity & simplespeak, you speak the language of the common man
They are cutting hours even though the company reported sales and profits are up. It feels like nothing makes sense anymore.
It should be called the CP Lie!
Make Tacos 99 cents again
Inflation is so low that I still can’t afford groceries or utilities. That’s Democrat math right there…
Al Gore’s funny math.
Vote Kamala and will be the new Venezuela. This is unburden what has been burdened ,
Interest rates were raised to fight inflation so when inflation spikes they cut rates? Makes total sense/ saracasm
Hate that as soon as data comes out from the government, our first thought is that we can't trust it.
Core inflation actually went up
Government figures and the “tooth fairy”. Same level of relevance.
Yesterday my job let a different department know they will be laid off in november except the temp workers. The yemp workers happen to be all Hispanics. Also on monday they brought in 45 new temps who are all hispanics
Reports from actual Economists report that this will do absolutely nothing to Home Prices.
CPI monthly is 0.2% which is 2.4% yearly, we should have zero rate cuts!
Don't worry folks, Kamala will fix everything.
Will the cost of goods and services ever come back down?
❤
nope
I can only imagine why now they trying to do this...
deflation leads to more layoffs. Cant have deflation when theres shelter inflation.
Brian’s imitation of speculators “ohhh no” always on point
I don't think the rate cut is really going to help the issues
My HOA fee increased 80% 🫤
Hedge funds and speculators are getting excited to start pumping prices again.
Have any of you been to the grocery store lately? 😂😂 inflation is around 20 percent. You are all being gas lit by your overlords
Yeah...just left 😵💫💫🥴
People are not smart enough to see how they are being duped.
@@emd5095 I was at the grocery store while I typing this. lol
@@thetapheonix Well, at the very least, most people in this comment section see it. I think most others just don't think about it at all. I can't imagine anybody actually believing this though.
But what does Interest Rate Cuts do to the working people?
Interest rates will fall (like mortgage interest rates, auto-loans, etc) but it will be an inflationary move. The question is will it cause more harm than good (it's lower borrowing costs vs inflation).?
Lots of people borrow when they really shouldn't.
Higher rates might just keep them out of trouble .
Almost everyone benefits from lower inflation.
Rates should not be lower .
@ada-yw1bb if they Don't lower rates unemployment will get out of control
@@aw5832if they do lower rates people wont be able to afford life even worse than it already is. the only 'benefit' to lower rates is easier loans. everything else gets more expensive because of that, making everything else worse for people who didnt need loans before
$7 a pound for grocery store ground beef here in NM. Inflation is drowning us
The surprising thing about this is many people believe this data
I haven't seen food prices do anything but increasing
I wish the Fed would include the 20% home and car insurance inflation. My insurance has Doubled in the past 5 years.
So when McDonald's becomes to expensive to eat at where's the next place? 😒
your kitchen
Home. Eating out used to be something you only did for special occasions. It's called cooking. It's an art form to be sure but they have wonderful things called cookbooks that will lead the way. McDonald's doesn't serve food anyway🤢.
Doggie bowl @@guitar4life1493
Home
Somebody should mention the fact that that is year over year. Since 2021 though the price of everything is 20% higher
That's 20% minimum. Home prices are up 50%.
Prices are actually up 30%, maybe more, official figures are not reality
Love you Brian
Thank you for getting here so quickly, I appreciate the support so much Reggie!
Cpi? What a bunch of crap. As I stated a few days ago, retailers are not stocking inventory . Why? Because of too high cost of money, theft and lack of buyers. Every household understands what the cost of money means except for the government.
Dual mandate for the Fed is ridiculous.
The Fed existing is ridiculous
I KNEW that interest rates would drop right before the next election!!!
If the economy is so great, why cut rates at all?
Who else bought a house in the past year and just waiting for perfect time to refi???
Thank you Brian! 😊
I wonder what election this is just in time for. 🤦
Thanks Brian 🙂
Cream cheese today is 9.99, gas 5.49, baguette $8, etc etc
where do you shop at? i got the same items and cream cheese is only $4.49 after $1 discount. i only get super gas it's $3.79 per gallon last week when i got it. baguette is $2.50
@@rubiiraethe corner bodega in nyc..you know…they take food stamps.
@@WordMadeFlesh777 well if you're using your food stamps on food instead of drugs. kudos to you.
I love that they can just exclude food and energy whenever they want. It's not like any of us eat food, use electricity, or drive a car right?
Why does it matter to you. Inflation is even lower if you include those numbers.
Aaaaaand its gone
😂
Anytime you hear quantitative easing just think money printer
And there isn’t any possible way that food is at that inflation point.
This country is headed for something very big.
printing = devaluation
Translation: The rich get richer, the poor get poorer.
We are no longer poor, we are destitute.
Deflation = major recession. There is too much household debt and not enough liquid savings. Nearly 40% of American households own stocks - one of the highest proportions ever - and yet households collectively owe over $1 trillion in CC debt. The household savings rate is where it was in 2007. There is simply no fuel for real economic growth. The Fed will try QE to fight recession, and both political parties will attempt to stimulate economic growth via spending increases. It’s maddening. The American people need tax rates, interest rates and regulatory reforms that encourage savings/investment and not borrowing for consumption, and the federal government needs zero based budgeting for discretionary items and severe Medicare reform.
Thanks brian
Hi qdood!
ofc it's down don't want to increase the COLA
wouldnt that mean the market will pump including btc?
So this means all of us on SS will only get approx a 2% COLA.😢
That 2% COLA increase goes to your INCREASE on Medicare payments. IN REALITY YOU GET NO COLA.
July 1975 -- 8.0%
July 1976 -- 6.4%
July 1977 -- 5.9%
July 1978 -- 6.5%
July 1979 -- 9.9%
July 1980 -- 14.3%
July 1981 -- 11.2%
July 1982 -- 7.4%
January 1984 -- 3.5%
January 1985 -- 3.5%
January 1986 -- 3.1%
January 1987 -- 1.3%
January 1988 -- 4.2%
January 1989 -- 4.0%
January 1990 -- 4.7%
January 1991 -- 5.4%
January 1992 -- 3.7%
January 1993 -- 3.0%
January 1994 -- 2.6%
January 1995 -- 2.8%
January 1996 -- 2.6%
January 1997 -- 2.9%
January 1998 -- 2.1%
January 1999 -- 1.3%
January 2000 -- 2.5% (1)
January 2001 -- 3.5%
January 2002 -- 2.6%
January 2003 -- 1.4%
January 2004 -- 2.1%
January 2005 -- 2.7%
January 2006 -- 4.1%
January 2007 -- 3.3%
January 2008 -- 2.3%
January 2009 -- 5.8%
January 2010 -- 0.0%
January 2011 -- 0.0%
January 2012 -- 3.6%
January 2013 -- 1.7%
January 2014 -- 1.5%
January 2015 -- 1.7%
January 2016 -- 0.0%
January 2017 -- 0.3%
January 2018 -- 2.0%
January 2019 -- 2.8%
January 2020 -- 1.6%
January 2021 -- 1.3%
January 2022 -- 5.9%
January 2023 -- 8.7%
January 2024 -- 3.2%
Have you looked at the history of COLA charts, since it began? There were many years of 0%. The way it was going, I was expecting to see that, since “everything was fine”… but yeah, I’m guessing it’s gonna be very low.
In 1981 the government had their oh sh!t moment when inflation hit the double digits. So they 'fixed' it........ they just changed the formula and viola! problem solved@cumberlandquiltchic1
Should be zero. Ss is destroying younger generations.