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Consumer prices increased 2.9% in June. (Original Post)
Cattledog
Jul 2018
OP
we will see 4-5% inflation if the govt admits it. Watch what the Fed does and watch what your
beachbum bob
Jul 2018
#5
Sherman A1
(38,958 posts)1. Charming
one wonders just if the wage growth matched that? Oh, wait........
Wellstone ruled
(34,661 posts)2. Hunch says July numbers are going to be Brutal!
Laf.La.Dem.
(2,936 posts)3. NO WAY -
All companies are passing on their TAX SAVINGS - SO - consumer prices are DOWN!!
donkeypoofed
(2,187 posts)4. And wages are down in Q1 and Q2
So much winning!!
beachbum bob
(10,437 posts)5. we will see 4-5% inflation if the govt admits it. Watch what the Fed does and watch what your
checking account does.
fescuerescue
(4,448 posts)6. What happened in 2012?
I'm searching my memory and trying to remember why 2012 would stand out as the largest.
roamer65
(36,739 posts)7. The tariffs are the catalyst.
Get ready for it.
A double whammy... raw price inflation from the tariff and even more inflation from domestic scarcity of certain goods.
Blue_true
(31,261 posts)8. Remember the term Stagflation that hasn't been uttered much?
Well, get ready to hear it.
wishstar
(5,267 posts)9. In 2012 gas prices reached high of $3.60/gallon due to hurricanes, supply and Mid East tensions
so the high cost of energy that year affected inflation rate.
Totally Tunsie
(10,885 posts)10. Won't hear Donny touting THAT number.