Inflation: Consumer prices unexpectedly rise 8.3% in August

#inflation #consumerprices #YahooFinance
Yahoo Finance’s Jennifer Schonberger joins the Live show to break down the August Consumer Price Index (CPI) report.
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[pigboykool]

8 1%?? More like 20% just check out the food prices! Ridiculous!!!

[Roniz]

Groceries have gone up so much. Wondering what October is going to look like. 😬

[WalkerOne]

If we calculated this the same way we did in 1980 it would be 12% .

[philiplambiase]

I remember the good old days when there were men and women, we had low gas prices, low inflation, low food prices, low energy bills, secure borders, and violent criminals that were prosecuted. Unfortunately, that all ended on January 20 2021.

[seantyler]

They have “unexpectedly” risen for nearly 2 years. At what point do we “expect” inflation to rise?

[salo]

I wish it was 6.3% 😂...everything expensive now 😒🙄

[ronittkumar]

I have saved $58k up. How can I deploy it to prolific investment? Reading books on investing and as well getting started.

[enthused]

Groceries are up more in the last 2 months than they were in the previous 12 months. Not sure what the hell is going on, but 35% increases after the initial 20% increases are a little ridiculous.

[johnnyt]

Ray Charles could've seen this coming. When are people learn. Can't trust this administration or the fed.

[hyunryu]

All Fed does are talking. This generation Fed is a chicken and will try to avoid the blame instead of actually solving the problem. Expect a long-lasting sticky inflation and a following recession after that.

[danielhutchinson]

As some of the same Investors who bet on Fossil Fuel stock, notice some excessive profits piling up they may decide to work to influence that market to cool off somewhat?
Better to insure some modest Inflation as the hope for profits from Europe seem to be stalled this year?
The ability to control the Government that now seems determined to make Europe the exclusive marketplace for the LNG Investors, seems to be running into some snags, as Victoria Nulands War seems to be not yielding the results that were projected, as costs remain high?
The desire to call off the CIA attack Dogs and the whole Military Industrial Complex doing some Dance of Joy over Kyiv expanding their boundaries, may see some real opposition as Russia seems to have withheld a lot of their Military resources in anticipation of the expanded effort by the US to Dominate Europe and Asia.
How are those 30 Year T-Notes doing that were bought by investors in China over 20 years ago?
Can the US now form a Marshall Plan, or is the objective to call in favors from 1947 ?
The US appears to be attempting to exploit European Consumers, not assist them?

[herrwahnsinn]

Because they are ideologically possessed they cannot allow the market to fail (and a correction SHOULD happen) this is then seen as a repudiation and their failure. So they will literally hyper-inflate with QE rather than let it sink to where it should be in a wild bubble. This is market fundamentalism.

[paulbunyan]

The Markets Will Ignore This and Keep Finding Ways to Pump Up The Stock Market. 🤑

[johnmycroft]

Thanks Biden and democrats . They could screw up a one car funeral.

[garydavidson]

Shrinkflation goods a corporate decision to increase inflation increase profits at the store The true stagflation built in the economy

[johnmycroft]

I miss Trump ~~~~ 2 dollar gas and steaks I could afford

[poopface]

if core is up 6.4% year over year, then wouldn't 0.6% increase month over month be acceleration not deceleration?