What to Watch for in U.S. CPI Report

U.S. CPI data for December is expected to fall to 6.5% year-over-year as economists are forecasting the first negative print on headline CPI since May of 2020. Michael McKee has a preview on Bloomberg Television.

Connect with us on...

[johnmerlino]

There are several components that are measured for CPI that are going down BUT my Food and Energy bills are still rising extremely fast. Utility Bills that just came in this week is 3 times higher in New England for Electric and Gas. Not 6%, 7%, 8%! BJs last week for many items went up by $1 an item (for under $10 items) and my food bill was just as high overall. Some of these items that went up were for 'commodities that you see tracked that are said to have gone down', i.e. Coffee. Some of these items that continue to rise are 'packaged foods', that might have been delayed in price increases. We all know that CPI is calculated to 'under report' expense levels but these 'delayed rises' lag CPI reductions and will only falsely drive inflation/liquidity up in stocks temporarily as the recession takes hold and 'food less parties' to celebrate lower CPI take place in cold apartments.

[AH-fmrj]

Better than expected CPI 🤣🤣🤣🤣. Dude everything is expensive. Why should we care about the rate of price increase when we cannot afford anything. 😂

[onthenextthing]

What to watch for? Nothing. CPI is so far off of what consumers are experiencing that it's grossly inaccurate.

[meriliu]

China:"Luckily I have bought gold! Thanks to America for creating profits for me!"

[anton_cgur]

usd becoming cheaper this month that only means inflation already lower in u.s.

[filmopfil]

you must be really naive to think its over or start of the finish . powel sad we will do everything ... as long as it needed .