Consumer prices popped again in December as policymakers await an elusive peak.

[Sucker]

Inflation closed out 2021 on a high note, bad news for the Biden White House and for economic policymakers as rapid price gains erode consumer confidence and cast a shadow of uncertainty over the economy’s future.

The Consumer Price Index climbed by 7 percent in the year through December, and by 5.5 percent after stripping out volatile prices such as food and fuel. The last time the main inflation index eclipsed 7 percent was 1982.

[Sucker]

Inflation has soared due to strong customer demand and ongoing labor and supply shortages. While price pressures are likely to ease in 2022, economists estimate the rate of inflation will probably exceed 3% by year end.

By contrast, inflation averaged just over 1.5% a year in the decade prior to the pandemic.

The Federal Reserve, the nation’s inflation watchdog, has sped up plans to remove stimulus for the economy. The central bank is also expected to raise short-term interest soon to combat high inflation.

“The economy no longer needs or wants the very highly accommodative policies we’ve had in place to deal with the pandemic and the aftermath,” Fed Chairman Jerome Powell said on Tuesday.

[sureshkonda]

ground beef $8/lb nunchi $15/lb ayyindi

[megadheera]

No problem. Stock market is high. We have printing machine ani idharu thathalu tolded

[Ryzen_renoir]

Huge problem all around the world right now , FED cannot steeply raise Interest rates otherwise the debt would be very hard to balance 

These prices will become normalised 

[Dabbakai]

3 minutes ago, Ryzen_renoir said:

Huge problem all around the world right now , FED cannot steeply raise Interest rates otherwise the debt would be very hard to balance 

These prices will become normalised 

ante inflation control ayina prices will stay there antava ??

[Ryzen_renoir]

9 minutes ago, Dabbakai said:

ante inflation control ayina prices will stay there antava ??

Looking upon current situation , Yes 

Some items may come down if supply chain issues are solved (lumber )  , most won't 

[Dabbakai]

2 minutes ago, Ryzen_renoir said:

Looking upon current situation , Yes 

Some items may come down if supply chain issues are solved (lumber )  , most won't 

[sattipandu007]

1 hour ago, Sucker said:

Inflation has soared due to strong customer demand and ongoing labor and supply shortages. While price pressures are likely to ease in 2022, economists estimate the rate of inflation will probably exceed 3% by year end.

By contrast, inflation averaged just over 1.5% a year in the decade prior to the pandemic.

The Federal Reserve, the nation’s inflation watchdog, has sped up plans to remove stimulus for the economy. The central bank is also expected to raise short-term interest soon to combat high inflation.

“The economy no longer needs or wants the very highly accommodative policies we’ve had in place to deal with the pandemic and the aftermath,” Fed Chairman Jerome Powell said on Tuesday.

Situation out of control daka wait chesi ipudu accommodative policies no longer needed anta, it was not needed for more than a year now.

[Sucker]

Inka money print cheyyali antunna @r2d2vuncle 

[Ryzen_renoir]

17 minutes ago, Sucker said:

Inka money print cheyyali antunna @r2d2vuncle 

Wasn't Trump the one responsible for printing so much ? Ofcourse Biden is continuing the same policy 

Everyone shares the blame equally

[Sucker]

3 minutes ago, Ryzen_renoir said:

Wasn't Trump the one responsible for printing so much ? Ofcourse Biden is continuing the same policy 

Everyone shares the blame equally

Every 6 months ki print chestha ante ne kada Biddu ni gelipinchindhi 

[Jatka Bandi]

i think this happened in 1982(?) 1990 2000 and now. These prices will be the new normal. Jobs jump kotti pay bumps techukondi.

[Sucker]

Just now, Jatka Bandi said:

Jobs jump kotti pay bumps techukondi.

akkada kuda inflation anta baa penchanu antunnaru 

[Jatka Bandi]

1 hour ago, Sucker said:

akkada kuda inflation anta baa penchanu antunnaru 

walk away mama. Show your worth. Cash ee range lo print cheste inkem expect chestaaru?