CPI inflation moderates in October to +7.7%, less than expected, October Consumer Price Index: +0.4% vs. +0.7% expected and +0.4% prior. Y/Y, CPI: +7.7% vs. +8.0% expected and +8.2% prior. Core CPI: +0.3% vs. +0.5% expected and +0.5% prior. Y/Y, core CPI: +6.3% vs. +6.6% expected and +6.6% prior.
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Done.
Tom sounds so excited 😂🎉
It’s very interesting the CPI data drop just in time for US midterm elections 🤔
It’s still 7.7%!
Where do you get your news man?!
Only the discretionary spending went down. The must have items are still on an upward projection. With an economy built on 70% consumer spending, spending all your money on food, gas, and rent is not good.
Massive overreaction by the markets. Fundamentals haven't changed, recession is coming.
I’ve been saying all along that Jerome Powell is blind. Things are not as bad as the Fudd is proclaiming. 😊
What’s the chance this is our dead cat bounce? What is predictions for tomorrow
Tom, why do say opec is keeping energy prices high? Do you realize we were once totally energy independent under trump? And that Biden shut off our pipelines?
Good news but Powell wants under 2%.🤗
Look to Cathie Wood! The deflation is on its way!
Happy days are here again!
Hopium rally
The start of deflation. People are out of money and not spending anymore; deflation heading into hyperinflation after fed QE next year.
This is like saying, "I got good news for you. You're terminally ill but you'll live 6 more months instead of just 4 months"
November is bad bro. Its not cooling
😎👍
"only" 5.7% to go lol
Wordless , Elon sell again wtf, so hate twitter
Now GDP has to be better then expected and we’re good right?
Because if that’s sucker is BAD then everything just makes sense. 🧐 CPI down because people are not buying 🧐 🤷🏾♂️
SOOOOoooo they CLAIM inflation went down..>>> ORLY???? When prices KEEP GOING UP??? Look around, you are being straight up LIED TO
It's still 7.7%!!!!
Cramer said everything would tank after the CPI so of course we all knew ahead of time CPI would come in lower than expected 😉
STRAIGHT FROM THE OVENNNNNNNN!!!!!!!!!!!!!!!!!
Finally!!!
CPI inflation moderates in October to +7.7%, less than expected, October Consumer Price Index: +0.4% vs. +0.7% expected and +0.4% prior. Y/Y, CPI: +7.7% vs. +8.0% expected and +8.2% prior. Core CPI: +0.3% vs. +0.5% expected and +0.5% prior. Y/Y, core CPI: +6.3% vs. +6.6% expected and +6.6% prior.