As inflation climbs in the U.S., rising food and energy costs have pushed the nation’s most popular price index to its highest level in four decades. WSJ’s Gwynn Guilford explains how the consumer-price index works and what it can tell you about inflation.
Illustration: Jacob Reynolds
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The IRS has owed me $1400 dollars for 3 years. There is no "system".
The journalist is always doom. But the market is always up.
Buisness as usual
Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. <It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
Does It ?
CPI changes every year if it suits the gov. They replace expensive items with cheaper alternatives. Its inaccurate and manipulated
thanks for everyone making this video
So inflation is determined by those seeing the prices. It's unnecessary and can be changed by business organizations that set prices.
A more accurste cpi would count only food, energy and housing, as most people only spend in that.
I find myself at a crossroads, uncertain whether to liquidate my $150,000 stock portfolio. I'm seeking advice on the best strategy to capitalize on this current market.
The stock market will go down further and goodluck on the fed pausing rate hikes w/ all the hawkishness that has failed to keep up with inflation.
how? increasing inflation
her voice is horrible. up and down and very Gen z. Like a 2023 Valley Girl w vocal fry 😂
her voice is horrible. up and down and very Gen z
So if the interest rate goes up, mortgage goes up, and landlords payement goes up, they increase rent, it increases inflation, and the rate goes up again. What if the real estate is controlled by big coops who needs to pay back banks.
Problem is we the public, have to deal with rampant change not related to the consumer behavior or expectations. Your report proves that. So the CPI is no longer of value?
Nothing has gotten better, the majority of people are desparately trying to eat, flee states, and manage work day to day. Not monthly .
This report states and tries to prove the time of change is in days not month to month as the CPI is no longer valid.
Inflation is another tax on the poor.
So basically inflation is how lacking the competition is for businesses
I learned it the hard never trade CPI news 😂😂😂😂.
🙌🙌🙌
The ever changing ruler!
That woman at 4:26 should be fired and hired in a bakery shop…
02:33 — That Highway is Don Valley Parkway – DVP – Heading towards Lawrence Avenue East …Exit 12 A & Exit 12 B
WSJ blaming people wages for inflation. lul
You did not explain whether the monthly reported CPI number is percentage change over the previous month, or over the same month one year ago. So for example, if the November CPI is 7%, does that mean the basket of goods is 7% more expensive than October? Or does it mean that the basket of goods is 7% more than a cost last November?
Try to find the raw data BLS uses to calculate CPI. Good luck with that.
75 basis point raise is coming
Corporations CEO’s need to humble their profit margins just like WallStreet fund managers.Also companies need to stop penny pinching with workers annual & quarterly raises!!!!
So there is inflation because of greedy workers who instead of thinking about the broader picture, they selfishly demand a raise? Why don't they conform and accept that they are directly hurting others if they demand a raise? Don't they see that they're embedding more and more the inflation into the economy? That is why there is no progress, greed is too much present in everyday workers who should be disinterested and cooperate to reach future real happiness.
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