General Discussion

Old Crank

(5,930 posts)

10. The headline seems a little breathless for

Tue Jul 15, 2025, 01:10 PM

Jul 15

a 0.1% rate more than expected. Even the 0.3 increase, if continuing, comes out to under 4% total for the year.

I want to see what happens with the tariffs on copper and how that will hit. That will add 25% minimum to all copper products, and perhaps a lot more if US suppliers jack their prices to take advantage.

Powell was right to hold the line. Another 2 months of 0.3% will have the FED raising the rates.

BTW. Powell's term as head of the fed ends in May 2026, but could stay on until January 2028 as one of the governors. That would be fun.

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WarGamer

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Highlight:

Trumpflation Spikes in June as tariffs show up in the data [View all] Johnny2X2X Jul 15 OP

More to come dalton99a Jul 15 #1

This is only the beginning. People need to close their wallets and save their money!! OrlandoDem2 Jul 15 #2

+1. It'll get worse as companies "update" their prices with the Trump tariffs dalton99a Jul 15 #3

Yup Johnny2X2X Jul 15 #4

And this is exactly why Powell has been refusing to lower interest rates. bearsfootball516 Jul 15 #5

+1 dalton99a Jul 15 #6

Meanwhile "Shrinkflation" running wild. Bluetus Jul 15 #7

On The Bright Side modrepub Jul 15 #8

#trumpflation sucks BoRaGard Jul 15 #9

The headline seems a little breathless for Old Crank Jul 15 #10

Tariff price increases are just starting to be reflected in the Data Johnny2X2X Jul 15 #11

The .3% Is On Top Of Existing Inflation DallasNE Jul 15 #12

Currently ... progree Jul 15 #14

3.1% is the average since the Great Depression Dave says Jul 15 #13

Graphs progree Jul 15 #15

This report is BULLS**T!! AZ8theist Jul 15 #16

highly intelligent stable individual has been hammering Powell for weeks, saying "THERE IS NO INFLATION!" progree Jul 15 #17

It's actually a tax he and the Congressional Republicans are using on the American people. cstanleytech Jul 15 #18

Let's go EnergizedLib Jul 15 #19