Inflation falls for eighth consecutive month

[Cypress]

Inflation fell for the eighth-straight month in February

(CNN) Inflation's temperature came down a little bit more last month, but the Federal Reserve's campaign to bring down high prices has grown even more complex in recent days.

The Consumer Price Index, a closely watched gauge of inflation, showed that annual price increases continued to slow in February, the Bureau of Labor Statistics reported on Tuesday.

CPI measured 6% for the year ended in February, down from January's 6.4% and in line with economists' expectations.

It's the eighth consecutive month that the annual rate has declined and marks the lowest level since September 2021.

"Inflation has peaked, but it hasn't gone into hibernation," said Mark Hamrick, senior economic analyst for Bankrate.

https://www.google.com/amp/s/amp.cnn...ary/index.html

[Walt]

Inflation keeps falling, but it is hard work. Does anyone really think trump would have put in the hard work to get down inflation? trump does not do work.

[Cypress]

Inflation keeps falling, but it is hard work. Does anyone really think trump would have put in the hard work to get down inflation? trump does not do work.

This high inflation seems to be persistent worldwide.

[Walt]

This high inflation seems to be persistent worldwide.

America has one of the lower inflation rates.

[PostmodernProphet]

This high inflation seems to be persistent worldwide.

Biden's energy policy fucked up the whole world.....

[PostmodernProphet]

inflation is still worse than it has been since Jimmy Carter........don't pretend it isn't still a problem......this is just like when you idiots claim the federal deficit is going down when it isn't as atrociously high as it was the previous year.......

[Walt]

inflation is still worse than it has been since Jimmy Carter........don't pretend it isn't still a problem......this is just like when you idiots claim the federal deficit is going down when it isn't as atrociously high as it was the previous year.......

Last time it was this high was 1982, when Reagan was President, not Carter.

It is a real problem, that is really being solved, through real hard work. Does anyone think trump would be putting in the hard work?

[PostmodernProphet]

Last time it was this high was 1982, when Reagan was President, not Carter.

I remember Reagan......he's the guy who inherited Carter's inflation and stopped it.......nice try but your ignorance is transparent....

[Walt]

I remember Reagan......he's the guy who inherited Carter's inflation and stopped it.......nice try but your ignorance is transparent....

The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.

You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.

[Stringfellow Hawk]

The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.

You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.

double digit interest rates and inflation was all Carter jackass, your lies are tiresome and boring

[cawacko]

The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.

You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.

Why admit something that is false? The seeds for the 70's inflation were planted in the '60's and Fed Chairman Bill Martin acknowledged the Fed's failures under his watch, especially from '65 to '70.

[PostmodernProphet]

The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.

You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.

as usual, you are wrong about absolutely everything you say.....

[PostmodernProphet]

Last time it was this high was 1982, when Reagan was President, not Carter.

It is a real problem, that is really being solved, through real hard work. Does anyone think trump would be putting in the hard work?

Trump didn't have to.......he didn't cause any inflation during HIS presidency.....

[Walt]

Trump didn't have to.......he didn't cause any inflation during HIS presidency.....

The stimulus bills when trump was president, along with the pandemic while he was president did cause about three quarters of our inflation. In other words, trump caused more of the inflation than Biden did.

[PostmodernProphet]

The stimulus bills when trump was president, along with the pandemic while he was president did cause about three quarters of our inflation. In other words, trump caused more of the inflation than Biden did.

lol......Biden caused all of it, silly cunt......