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*U.S. JAN. CONSUMER PRICES RISE 7.5% Y/Y; EST. 7.3%
*U.S. JAN. CONSUMER PRICES INCREASE 0.6% M/M; EST. 0.4% pic.twitter.com/IJDzBr28Ky— Katie Greifeld (@kgreifeld) February 10, 2022
Transitory … https://t.co/yMNvOAifAo
— Rasmussen Reports (@Rasmussen_Poll) February 10, 2022
US CPI 7.5%, but CORE @ 6.0%
Largest contributors – food, energy & shelterHere is Core chart!!! pic.twitter.com/Bhb4ZpAbhQ
— Nicholas Glinsman (@nglinsman) February 10, 2022
Recording of our Spaces below, here's core, supercore, and rent ex hotels. https://t.co/qrhTfqKs2O pic.twitter.com/V0rHOi0lP8
— George Pearkes (@pearkes) February 10, 2022
*US RATE FUTURES NOW SEE A 50% CHANCE OF A 50 BASIS-POINT HIKE IN MARCH, UP FROM 30% BEFORE THE CPI DATA – FEDWATCH.
— Breaking.Live (@BreakingLive_) February 10, 2022
Getting ever closer to pricing 6 hikes in 2022 (25 bps each) pic.twitter.com/35H5tQeWPV
— Ed Bradford (@Fullcarry) February 10, 2022
Price increases over last year:
– Used cars: +40.5%
– Gasoline: +40.0%
– Meats/Fish/Eggs: +12.2%
– New Cars: +12.2%
– Electricity: +10.7%
– Overall CPI: +7.5%— unusual_whales (@unusual_whales) February 10, 2022
Overall consumer prices were up 7.5% in January from a year earlier. The last time inflation was this high over a 12-month period was Feb. 1982, on the way down from the period known as the "Great Inflation." https://t.co/7RFBRDOTfL pic.twitter.com/lTr18McjF7
— Ben Casselman (@bencasselman) February 10, 2022
US 10y bond yields on course to 2% after ugly US inflation data. pic.twitter.com/41MuJx5s5d
— Holger Zschaepitz (@Schuldensuehner) February 10, 2022
each of the past 5 months, month-over-month #inflation was higher than expected pic.twitter.com/XEmZWtjiaZ
— Axel Merk (@AxelMerk) February 10, 2022
Let's put this CPI number in perspective…
Here are some price changes since January 2021:
Nat gas +81%
Oil +66%
Agricultural commodities +24%
Rent +13%
Used car prices +44%
Gasoline +36%
Cattle prices +20%
Lumber +15%
Coffee +92%
Hotel Prices +37%Then, today:
CPI: +7.5% pic.twitter.com/0PinUUppnK
— Otavio (Tavi) Costa (@TaviCosta) February 10, 2022
Here is the biggest part of the fake CPI lie.
Shelter. OERThe fake way the govt calculates shelter only shows 4.4% inflation over the past year.
In reality, depending on where you live, it is up 15% to 30% (or more) in the past year. That simple change is keeping CPI below 10% pic.twitter.com/YSxw7SEUNP
— Wall Street Silver (@WallStreetSilv) February 10, 2022
Inflation rises 7.5% over past year, even more than expected…