Latest Breaking News

BumRushDaShow

(156,574 posts)

6. This wasn't "lower than expected"

Tue Jul 15, 2025, 09:24 AM

Tuesday

but what was generally expected - https://www.cnbc.com/2025/07/14/inflation-report-tuesday-should-give-clues-on-price-effect-from-tariffs.html

(snip)

CPI, which measures a broad basket of goods and services across the U.S. economy, is expected to show a 0.3% monthly increase for both headline and core rates, with the latter excluding volatile food and energy costs. On an annual basis, the index is expected to show a 2.7% headline reading and 3% on core.

(snip)

Meaning that inflation overall was going to start to go up, not down and the estimates were spot on (except the Core CPI estimate was 0.1% off. I.e., 3.0% estimate vs 2.9% actual).

With the bunch of business apps that I have on my phone and iPad, they seem to be fixated on Nvidia and of course the whole AI thing (tech heavy focus) with respect to the markets - at least at the moment. The EU issue might factor in later though.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

16 replies

= new reply since forum marked as read

Highlight:

Inflation picks up again in June, rising at 2.7% annual rate [View all] BumRushDaShow Tuesday OP

We need to hammer Trump and his MAGA mother fuckers mercilessly! OrlandoDem2 Tuesday #1

Dead ahead: Trump Tomatoes will break the bank bucolic_frolic Tuesday #2

Remember when conservatives pretended to care about prices? usregimechange Tuesday #3

Stock futures are moving higher FredGarvin Tuesday #4

This wasn't "lower than expected" BumRushDaShow Tuesday #6

Based on the market's spiking FredGarvin Tuesday #7

Right now, the markets are mixed, with any "spiking" due to Nvidia's insane $4 trillion of capitalization BumRushDaShow Tuesday #9

Hold tight FredGarvin Tuesday #14

The reason why he hasn't hauled off and fired Powell yet BumRushDaShow Tuesday #16

A rate cut is not expected for July. There is some expectation for one in September and maybe a second one this year Bernardo de La Paz Tuesday #12

Yes, the market is very top heavy on the so-called "magnificent 7" (high tech). . . . nt Bernardo de La Paz Tuesday #10

Stunning Johnny2X2X Tuesday #5

Good thing MAGA elected someone who promised to lower inflation IronLionZion Tuesday #8

Graphs - rolling 3 month average and month-over-month, both annualized progree Tuesday #11

Believe it is going to get worst. republianmushroom Tuesday #13

As more tariffs set in and companies shift ALL costs to consumers, yes, it will get worse. riversedge Tuesday #15