4.7 • 1K Ratings
🗓️ 12 June 2024
⏱️ 23 minutes
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0:00.0 | Loveful of Robo capitals hope you're well so we've got new |
0:03.0 | C. P. I data that just came out. Let's go over to see MBC and check out the |
0:08.5 | numbers see if we can connect some dots. Does this mean that the rest of 2024 is going to be disinflationary |
0:14.7 | deflationary or we're going to get the next wave of inflation and what on earth |
0:19.7 | is the Fed going to do today because remember the Fed comes out and makes an announcement on interest rates |
0:25.6 | just in a couple of hours. |
0:27.2 | So how will this impact their decision-making process, if at all? |
0:31.6 | Let's get right over to see and check this out. |
0:34.0 | Actually you know what we're going to do a couple different articles here? |
0:37.0 | Let's start with this one because I want to go to the key talking points. |
0:41.0 | But see me see has a couple articles here, the key talking points, I thought, C has a couple articles here. |
0:43.0 | The key talking points, I thought we're a little bit better on this one. |
0:45.5 | So inflation slows in May, that's the punchline. |
0:48.8 | The consumer price is up 3.3%. |
0:52.2 | So the question is always, well, what were the expectations? |
0:55.8 | So here we go. |
0:56.8 | The Consumer Price Index held flat in May through, |
1:01.3 | though it increased 3.3% from a year ago both numbers were 0.1 percentage point |
1:07.8 | below market expectations so pretty much the month over month |
1:11.8 | CPI was flat, zero. |
1:14.0 | Now, of course, this understates the real rate of inflation, |
1:18.0 | as all of you know. |
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