Consumer price index at 7:30 ET. What are we in for?
CPI watch
eggs crashed bigly starting in March
oil crashed bigly in March
tariffs not yet in effect
should be good, but there could be some kikery with how (((they))) decide to excessively weight the tariffs.
That must be an old pic because eggs are down massively where I live.
Think for yourself instead of listening to biased media hysteria.
CPI Data (08:30 EDT): Headline CPI expected +0.1% M/M, 2.6% Y/Y; Core CPI expected +0.3% M/M, 3.0% Y/Y
Post demand.
kek a huge part of combating inflation is reducing demand.
That's why Powell uses phrasing like "markets are still hot". Implying high demand is bad for inflation.
Also egg prices are still higher. You cut the graph on purpose.
People still need to eat eggs retard. Reducing demand doesn't stop being wanting food.
Eggs are still higher than 9.99 a dozen?
Are you blind. It says 2.99
Reducing demand doesn't stop being wanting food.
But it does reduce inflation.
Ask JPow.
When you said "egg prices are still higher", what are they "higher than"?
You imported from foreign countries to make up the difference. Egg prices would always have gone down due to people trying to cash in on expensive domestic eggs, this isn't something trump did, this is the market self correcting.
You don't call it a win because egg prices only rose 33% after a 400% spike and the market self corrected faggot.
S&P futures are -2.07%, waiting on CPI for direction.
EGG PRICES ARE ONLY DOWN BECAUSE THE US TOOK MEASURES!!
EGG PRICES ARE DOWN NOT BECAUSE OF US MEASURES BUT BECAUSE THE MARKET IS SELF CORRECTING!!
hoooooooly fucking coperino
US took measures
You mean imported eggs like normal
Do you want a fucking medal.
You're coping because your leaders are acting like they're responsible for markets doing what they always do and trying to take credit kek.
You mean imported eggs like normal
Not "like normal" at all. Imports were increased hugely.
Yes, because wholesalers wanted to cash in on 9 dollar a dozen eggs and slightly higher global demand. It happens naturally. And it's 33% higher now due to import costs.
You do want a medal don't you. You do. Vance please you don't get credit for markets stabilising naturally.
"IMPORT DOUBLED FROM THIS COUNTRY BECAUSE UH, THEY SOLD US EXPENSIVE EGGS" Kek.
You guys are a hoot.
THE US TOOK MEASURES TO MAKE UP THE DIFFERENCE
ACTUALLY NO THEY DIDN'T TAKE MEASURES AND JUST DID AS NORMAL
ACTUALLY THEY DIDN'T DO AS NORMAL AND TOOK MEASURES BUT THE EGGS WERE EXPENSIVE
Look at you dance
Look at you dancing
Trying linguistic manipulation to imply Trump did anything at all
Coping this hard when your dear leader does nothing at all and brags about it is kinda cringe.
Eglin try harder, the caps shows you're from Reddit.
to imply Trump did anything at all
Well he massively increased egg imports, for one.
OP here. Sigh.
I only included the egg photo because it's an example of inflation.
Topic of threat is in the text: CPI at 8:30 Eastern
Could lead to rally.
Could lead to re-crash.
You posted Schroedinger's eggs; Trump did nothing to reduce their price but he also increased imports to make up the difference.
2.5 hours to go
They’re higher than what they used to average. How slow are you?
post in store prices kekistranny
40 minutes till CPI drops
I'm scared, bros
CPI in 5 minutes
Forecast: 2.5%
Previous: 2.8%
U.S. CPI: +2.4% YEAR-OVER-YEAR (EST. +2.5%)
U.S. CORE CPI: +2.8% YEAR-OVER-YEAR (EST. +3.0%)
(might be fake leak lol)
futures aren't pumping.
sell the news event?
nothing burger
fed aint going to move until they know tariff effect.
we'd be having rate cuts if not for them
Could be a sign of economy slowing down. It's also backwards looking and pre-tariff so doesnt matter much
High IQ post.
what should have been bullish news is now bearish because of tariffs
Cut the graph? That IS the graph you fucking retard, straight from the Department of Agriculture.
You people are so fucking stupid it's astounding.
turns out cutting free shit for niggers and government "workers" brings down inflation FAST
who would have thought keynesbros
Eggs are $4.25 where I'm at.