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Fascinating how different outlets are reporting this. The WSJ right now has it headlined "Inflation Cooled to 6.4% In January". https://www.wsj.com/ https://www

Fascinating how different outlets are reporting this. The WSJ right now has it headlined "Inflation Cooled to 6.4% In January". https://www.wsj.com/ https://www.wsj.com/ So is it rising or cooling? Can the central banks ease rate increases? Or does the WSJ just hope and pray that the Fed will stop, just please make it stop?

tootie 4y ago
Cooling doesn't mean dropping. It means less hot. If you take a lasagna out of the oven to cool but decide to cut in after only waiting a minute, it will still be too hot. The Fed is trying to keep your lasagna nice and warm after burning the last tray.
FollowingTheDao 4y ago
Welcome to the bullsh!t. It rose. Period. There is more inflation. That is what the .5% increase means. And yes, you are right, the WSJ just wants it to stop. Or shoudl I say Rupert Murdoch wants it to stop. News Corp to cut 1,250 jobs after missing second-quarter estimates https://www.theguardian.com/media/2023/feb/09/news-corp-job-cuts-missed-estimates https://www.theguardian.com/media/2023/feb/09/news-corp-job-...
kasey_junk 4y ago
Rate of inflation growth is cooling. It’s a weird number that is always reported in a sort of strange way. The fed is expected to go up to 5.25 and most of the market still expect that.
mughinn 4y ago
Reporting is always shit, you can't really trust the journalist or the editor that put the title to give you an accurate picture Both are true, too Inflation cooled, because Year over year in January is 6.4%, while in December it was 6.5% and in November it was 7.1%. So it has a downward trend Inflation was 0.5% month over month in January, which was higher than the market expected 0.4% The overall story is that inflation seems to be slowing down, but the market seems to think that the slowdown will happen quicker than it actually is, possibly making the Fed raise rates

tootie 4y ago

Cooling doesn't mean dropping. It means less hot. If you take a lasagna out of the oven to cool but decide to cut in after only waiting a minute, it will still be too hot. The Fed is trying to keep your lasagna nice and warm after burning the last tray.

FollowingTheDao 4y ago

Welcome to the bullsh!t. It rose. Period. There is more inflation. That is what the .5% increase means. And yes, you are right, the WSJ just wants it to stop. Or shoudl I say Rupert Murdoch wants it to stop. News Corp to cut 1,250 jobs after missing second-quarter estimates https://www.theguardian.com/media/2023/feb/09/news-corp-job-cuts-missed-estimates https://www.theguardian.com/media/2023/feb/09/news-corp-job-...

kasey_junk 4y ago

Rate of inflation growth is cooling. It’s a weird number that is always reported in a sort of strange way. The fed is expected to go up to 5.25 and most of the market still expect that.

mughinn 4y ago

Reporting is always shit, you can't really trust the journalist or the editor that put the title to give you an accurate picture Both are true, too Inflation cooled, because Year over year in January is 6.4%, while in December it was 6.5% and in November it was 7.1%. So it has a downward trend Inflation was 0.5% month over month in January, which was higher than the market expected 0.4% The overall story is that inflation seems to be slowing down, but the market seems to think that the slowdown will happen quicker than it actually is, possibly making the Fed raise rates