In July, inflation rose by 0.2% month overmonth and by 2.7% year-over-year. 2.7%. That's how much prices rose in July of this year compared to July of last year.These are the year-over-year rates over the past few months. You can see we're kind of going in the wrong direction. The rate of inflation is going up after what we saw as market improvement since January.Again, we're still lower than that 3% which is good news. But again, the question here is where do we go from here. We started to see some of the ...

Bitcoin, ETH bounce as US inflation cools, boosting odds of September Fed cut https://t.co/xKT0Jfkql5 ...

Here we go. Consumer price index for the month of July. Headline number as expected.Up 2/10 exactly. Strip out food and energy up 3/10en exactly as expected. Year-over-year numbers 2.7%.That's the headline. That's one/tenth cooler than we are expecting, but it equals the rear view mirror. 2.7%.Well, how does it compare. 2.8% was February. 3% was January.So we have been sliding the low for the year in this metric 2.3% that was in April. ...

When will you be comfortable that we've seen the limits of this. How many more months of data do you need. Oh, we're just getting started.I mean, what we saw today was plenty of inflation. Without tariff effects, we didn't have a big increase in new car prices. We now have a big increase in apparel prices.But let's look at where we did see an increase. Airline fares have come down a lot because the airline industry was very weak. But if you look at the recent data on people going through TSA checkpoints, it ...

Well, you heard us talk about it. Our next guest has reportedly uh been added to the short list, President Trump's short list on Fed Chair Pics, former St. Louis Fed President James Bullard. He's now the dean of Purdue University Business School, longtime friend of the show, and I I when I heard the news, Jim, I said, "Well, I don't know if he's a hawk or dove. I just know he's really smart, and I've known you a long time, and I've been out to the St. was fed with you and everything else and I think you'd b ...

Just as I wrote earlier this year, the things that are being tariffed are seeing their prices DROP, not rise as everyone predicted.Here is the explanation from February: https://t.co/hlUrRcI2UfHere is the data from today's inflation report: https://t.co/mTuFStjtmYWasteland Capital (@ecommerceshares):The funniest thing about today’s CPI is that literally everything that’s driving inflation is NOT subject to tariffs: Shelter (main culprit!), medical services, electricity, restaurant meals, airfares, used cars ...

Basically, we are still experiencing high levels of inflation, but they are lower than expected.This is not good but it's public servant math.Bitcoin Archive (@BTC_Archive):JUST IN: 🇺🇸 July U.S. CPI inflation rises 2.7%, below 2.8% expectations.September rate cuts incoming 🚀 ...

Tariffs were never going to be inflationary.Anyone who believed that story got tricked by academic propaganda that completely ignored history.Tariffs weren't inflationary in 2018 and they aren't inflationary now.Careful who you listen to out there. ...

We're just seconds away right now from July CPI. Rick Santelli standing by at the CME in Chicago. Rick, we've got only a couple seconds before the numbers.What should we be looking at. You know, I think the year-over-year numbers, especially the uh core is going to be quite key, especially which side of 3% it's on. But do remember much of the hoopla about the big bump in tariffs hasn't really materialized.Is it because consumers are pushing back or we exaggerated. The data is in. And here we go.Consumer pri ...

Bitcoin, Ethereum Rise as US Inflation Cools to 2.7% in July► https://t.co/CVK48xOnzL https://t.co/CVK48xOnzL ...