Quote:
Originally Posted by Giantone
Inflation is up.
The latest PCE report indicates a rise in inflation, with prices increasing by 2.6% in June compared to a year ago, up from 2.4% in May. This increase is partially attributed to tariffs imposed by President Trump, which are pushing some prices higher according to CBS News, reports Reuters.
As for your friend................
US steel prices are up primarily due to the recent increase in tariffs on imported steel, making domestic steel more attractive and allowing producers to raise prices. Additionally, rising demand, driven by factors like infrastructure projects and increased manufacturing activity, is also contributing to higher prices.
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Inflation of 2.6 oh boy we saw inflation as high as 9.1 under Biden. How in the hell can the left even bring up inflation after what we saw from Biden?
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3 8.2 7.7 7.1 6.5 8.0
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
08-01-2025, 12:27 PM
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