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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By Stock Chat

where the coffee is hot and so is the chat

26 thoughts on “7.7% inflation! will the fed finally pivot now?”
  1. Avataaar/Circle Created with python_avatars Abdullah Eid says:

    Tom sounds so excited ๐Ÿ˜‚๐ŸŽ‰

  2. Avataaar/Circle Created with python_avatars Dedy Antara says:

    Itโ€™s very interesting the CPI data drop just in time for US midterm elections ๐Ÿค”

  3. Avataaar/Circle Created with python_avatars cybercab says:

    Itโ€™s still 7.7%!

  4. Avataaar/Circle Created with python_avatars Dumontsk8te says:

    Where do you get your news man?!

  5. Avataaar/Circle Created with python_avatars Rob Cyr says:

    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.

  6. Avataaar/Circle Created with python_avatars gucker07 says:

    Massive overreaction by the markets. Fundamentals haven't changed, recession is coming.

  7. Avataaar/Circle Created with python_avatars Sidney Paulson says:

    Iโ€™ve been saying all along that Jerome Powell is blind. Things are not as bad as the Fudd is proclaiming. ๐Ÿ˜Š

  8. Avataaar/Circle Created with python_avatars Dad Austin says:

    Whatโ€™s the chance this is our dead cat bounce? What is predictions for tomorrow

  9. Avataaar/Circle Created with python_avatars David Less says:

    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?

  10. Avataaar/Circle Created with python_avatars Larry O says:

    Good news but Powell wants under 2%.๐Ÿค—

  11. Avataaar/Circle Created with python_avatars sgrdpdrsn says:

    Look to Cathie Wood! The deflation is on its way!

  12. Avataaar/Circle Created with python_avatars Nicholas Rugen says:

    Happy days are here again!

  13. Avataaar/Circle Created with python_avatars John Anon says:

    Hopium rally

  14. Avataaar/Circle Created with python_avatars J K says:

    The start of deflation. People are out of money and not spending anymore; deflation heading into hyperinflation after fed QE next year.

  15. Avataaar/Circle Created with python_avatars J K says:

    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"

  16. Avataaar/Circle Created with python_avatars Khizar Qureshi says:

    November is bad bro. Its not cooling

  17. Avataaar/Circle Created with python_avatars US-TUONTI Lohja says:

    ๐Ÿ˜Ž๐Ÿ‘

  18. Avataaar/Circle Created with python_avatars DJ says:

    "only" 5.7% to go lol

  19. Avataaar/Circle Created with python_avatars Bob Lee says:

    Wordless , Elon sell again wtf, so hate twitter

  20. Avataaar/Circle Created with python_avatars DaddysTired says:

    Now GDP has to be better then expected and weโ€™re good right?
    Because if thatโ€™s sucker is BAD then everything just makes sense. ๐Ÿง CPI down because people are not buying ๐Ÿง ๐Ÿคท๐Ÿพโ€โ™‚๏ธ

  21. Avataaar/Circle Created with python_avatars Ganja Cat says:

    SOOOOoooo they CLAIM inflation went down..>>> ORLY???? When prices KEEP GOING UP??? Look around, you are being straight up LIED TO

  22. Avataaar/Circle Created with python_avatars Frank King says:

    It's still 7.7%!!!!

  23. Avataaar/Circle Created with python_avatars SaskyRose says:

    Cramer said everything would tank after the CPI so of course we all knew ahead of time CPI would come in lower than expected ๐Ÿ˜‰

  24. Avataaar/Circle Created with python_avatars EWG says:

    STRAIGHT FROM THE OVENNNNNNNN!!!!!!!!!!!!!!!!!

  25. Avataaar/Circle Created with python_avatars Dario Carbone says:

    Finally!!!

  26. Avataaar/Circle Created with python_avatars Tom Nash says:

    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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