Content pfp
Content
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Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
Inflation comes in at 2.9%. Below the expected 3% mark Prices of things we have to buy continue to surge, while prices of things we want are freefalling (weak demand)
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Kaido pfp
Kaido
@tamey
It's like we're being squeezed from both sides, the things we need are getting more expensive, while the things we want are getting cheaper because nobody can afford them anymore. It's a strange kind of trade-off, and I'm not sure it's a healthy sign for our economy I get the federal reserve is doing their best by increasing interest rates
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Jai pfp
Jai
@jaivsdawrld
In short : we are cooked ๐Ÿซ 
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Sujit ๐Ÿ‡ฎ๐Ÿ‡ณ ๐ŸŽฉ pfp
Sujit ๐Ÿ‡ฎ๐Ÿ‡ณ ๐ŸŽฉ
@0xsujit
Interest rates, fuel prices and labor costs are huge drivers of inflation at the consumer level and they aren't coming down. Consumer debt is hitting record after record. This isn't sustainable.
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Fibo / Scryptoguy pfp
Fibo / Scryptoguy
@fibo112358.eth
CPI met the expectations but assets went down after a while of ups and downs. The market decided to take profits?
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Fadil ๐ŸŽฉ pfp
Fadil ๐ŸŽฉ
@blackkhammer.eth
Yeah, essentials getting more expensive just shows the unevenness in the market right now.
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Ako pfp
Ako
@ako1988
Data in neutral monthly time and as expected and annually in favor of the market:
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Zenigame pfp
Zenigame
@zeni.eth
What do you mean "prices of things we want are free falling (weak demand)"? Is this a typo? If we want something isn't the demand strong?
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Ox.crypto pfp
Ox.crypto
@ox-crypto.eth
Idk sounds still high to me ๐Ÿคทโ€โ™‚๏ธ
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Lauren McDonagh-Pereira pfp
Lauren McDonagh-Pereira
@lampphotography
Weak demand because no one can afford wants anymore ๐Ÿ˜‚ I am starting IRL work next week for the first time in 6 years. I'm thrifting my work wardrome so I can afford groceries ๐Ÿ˜‚
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๋‘๋ถ€๋ง˜๐Ÿปโ€โ„๏ธ pfp
๋‘๋ถ€๋ง˜๐Ÿปโ€โ„๏ธ
@dubumother
Inflation being lower than expected is good news, but the rise in essential goods prices is still concerning
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law pfp
law
@traguy.eth
Prices of things we have to buy and prices of things we want? Were those classified based off the general populace or what Like how was that arrived at or what was the metric used for that
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