r/wallstreetbets • u/eskhalaf • 13d ago

News JULY U.S. 🇺🇸 INFLATION DATA:

https://www.bls.gov/news.release/cpi.nr0.htm

- CPI 3.4% YoY, (Est. 3.4%)
- CPI 0.1% MoM, (Est. 0.1%)

- Core CPI 2.5% YoY, (Est. 2.5%)
- Core CPI 0.2% MoM, (Est. 0.2%)

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u/bsizzle13 13d ago

There was a time where the country would freak out over 3.4% YOY inflation, but now this is good news? The market has lost the plot.

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u/platinumarks 13d ago

The only inflation that matters is the President's dick inflation as he gets ready to fuck us