U.S. consumer prices rise 4.2% from a year ago, faster than expected

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I didn’t think it was possible for CNBC to acknowledge inflation.

briandavis
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Inflation, how is this possible! We printed 4 trillion dollars in 10 months, this can’t be right....

Arteolike
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I woke up, Biden was President and it was 1979 again.

luntershaptopfukinov
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Who would have thought that printing so much money would have lead to inflation.

vince
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100 days to slow the inflation spread?

ceegee
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4 percent by one month? I'm also trying to understand this, does that mean if this inflation rate stays it is about 50% per year? Someobe please correct me.

hsingholee
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Powell already has said he doesn't care about inflation.

WhittyPics
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No inflation to see here... Those jobs numbers missing the mark by 70% is success...

NaySayersRanch
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I'm proud of CNBC for not trying to cover for the Biden administration and talk truth to what's going on.

vira
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In summary absolutely NOT big. Up 0.3% last year and 4.2% this year is 4.5% in two years. So about 2% per year which is exactly average. Big nothing burger here especially considering some short term supply shortages

ludda
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Buying Silver & Bitcoin. Economy is screwed

economicprepper
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Love this new administration!! Gotta love Joe and clown crew. What we need is the government to send everyone more money to cover inflation! 🤣. My house value increased 5% in ONE month ! Those that wanted Sleepy are in for a real ride ....as those that are poorer will be the ones that suffer badly.

gmb
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Nope, real CPI was 2, 9%, vehicles disproportionately influenced CPI & there is a good reason for them going up shortages, which is being fixed so its temporary, so the headline should read for most consumer goods lower than expectated....but then again, this is the media

fanaticvandal
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This is what happens when you're throwing "free money" out of helicopters...

SkyNet
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Residual effects of the pandemic. Inventories were depleted during the pandemic and production was down. Now as the pandemic eases there is even more demand on an already depleted supply. The question is how long will it take to balance back out. The fact is when prices get too high consumers pull back and ease the demand. However, pulling back can effect jobs. For example. Lumber prices are up I think close to 300% now. This will obviously cause many to postpone construction projects and easing the demand. Unfortunately, that in turn will effect construction workers. I feel sorry for the people caught in the middle of construction and have no choice but to pay.

citizengoodman
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We knew inflation was coming but how can we profit CNBC. Tell us how we can capitalize on inflation.

TheBreezus
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Never mind, my boys, just print more!

colordopplervet
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Congrats Biden voters. This is on you.

mattpalmq
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Year-to-Year April 2021 ShadowStats Alternate CPI (1980 Base) Inflation jumped to a thirteen-year high of 12.1%, up from 10.4% in March 2021, 9.4% in February 2021 and against 9.1% in January 2021. The ShadowStats Alternate CPI-U estimate restates current headline inflation so as to reverse the government’s inflation-reducing gimmicks of the last four decades, which were designed specifically to reduce/ understate annual Cost of Living Adjustments.

criticalthinker
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Groceries are much more expensive now. This is like a repeat of Carter era economics.

theomimesis