CNBC: Inflation rises 7.5% over the past year, even more than expected

Bigiron

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10-02-2022, 11:12 PM

CNBC: Inflation rises 7.5% over the past year, even more than expected and the highest since 1982.
https://www.cnbc.com/2022/02/10/january-...ected.html

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Galilo_l

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10-02-2022, 11:13 PM

Hope Powell break the market Big Grin

There is no right or wrong decisions.
One only has to bear the consequences that one makes Big Grin

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Sharexchange

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10-02-2022, 11:53 PM

Stock market will rally this year..woohoo...

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cityhantam

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11-02-2022, 12:14 AM

Sleepy Joe is at a loss now. un know what to do liao!

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RiseofAsia

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11-02-2022, 07:28 AM

I already said no rate hike, inflation will only keep going up… The longer they drag, the higher it will go…. It has already out of control…. Rotfl

Any guess need to spike how many % to bring down the inflation?
5%,8% or 10%.

Can’t imagine the rate spike to 5%.
Next crisis, I am expecting property collapse.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"

(This post was last modified: 11-02-2022, 07:32 AM by RiseofAsia.)

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RiseofAsia

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11-02-2022, 07:33 AM

(11-02-2022, 12:14 AM)cityhantam Wrote: Sleepy Joe is at a loss now. un know what to do liao!

Now you know why NK launching missiles recently… Rotfl

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"

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Niubee

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11-02-2022, 08:51 AM

(11-02-2022, 07:28 AM)RiseofAsia Wrote: I already said no rate hike, inflation will only keep going up… The longer they drag, the higher it will go…. It has already out of control….

Any guess need to spike how many % to bring down the inflation?
5%,8% or 10%.

Can’t imagine the rate spike to 5%.
Next crisis, I am expecting property collapse.

I don't think fed can afford 3% interest rate.

Many assets bubbles will burst. 30T debts nudie