Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Wednesday, June 12, 2024

May CPI at 3.3% Is Still Above Fed's 2.0% Target

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  Despite President Biden's "Inflation Reduction Act of 2022" ( estimated  to contain $500B in new spending and tax credits) a...
Tuesday, June 11, 2024

In-N-Out Burger Prices

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Today the Channel 2 Fox News in SF/Oakland CA showed the prices for In-N-Out Burger after California raised the minimum wage to $20 per hour...
Wednesday, May 15, 2024

April CPI Still Hot at 3.4% vs Fed's 2.0% Target

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Despite President Biden's "Inflation Reduction Act of 2022" ( estimated to contain $500B in new spending and tax credits) and...
Sunday, October 16, 2022

Worst Inflation in 40 Years - Bear Market Continues

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The bear market that began at the start of the year continues with all four major markets I follow down over 20% from their peaks. It is har...
Friday, June 10, 2022

Welcome Back Carter - 8.6% Inflation is the Highest since 1981

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CPI-U Inflation came in at 8.6% in May with core inflation at 6.0% over the past year.  The Energy Index rose 3.9% in May and was up 34.6% o...
Friday, May 20, 2022

Record Gasoline Prices Still Rising with California Over $6 per Gallon and No Relief In Sight

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We are seeing record gasoline prices with Californians paying over $6 a gallon on average for regular gasoline.  The San Jose Mercury News s...
Wednesday, May 11, 2022

Inflation Hot at 8.3% but Monthly Readings Much Lower with Energy Falling

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CPI-U Inflation came in at 8.3% in April with core inflation at 6.2% over the past year.  Energy, up 30.3% year-over-year, fell 2.7% in Apri...