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#inflation

Nadia Vanderhall avatar
Nadia Vanderhall
@nvknows
😂😂😂😂 #inflation #CPI 8.5% was the case that they gave me #financememes
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Sold CardanoInvested for 14 days
Made2.95%
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#CPI for July is 8.5% — down from 9.1% in June… - Food at home: +13.1% -Gas: +44.0% -Electricity: +15.2% -New vehicles: +10.4% -Apparel: +5.1%See more
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Household debt now tops $16 trillion. Credit card debt is 13% higher than last year, sitting at $46 billion. This is the highest gain in 20 years (source is from the latest CNBC report). To me, this is a clear sign that even with an optimistic jobs report, people are having an increasingly difficult time making their dollars stretch for the same goods and services (thanks record high inflation).See more
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‼️ Breaking News. Powell’s Press Conference regarding the 75 basis point rate hike just ended. Here’s the jist… ➡️Labor demand is very strong On goal to get to 2%, it’s essential ➡️Pace of rate hikes to depend on incoming data ➡️Another unusually large increase to depend on data ➡️Likely appropriate to slow increases at some pointSee more
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Federal Reserve unanimously votes to hike rates 75 basis points, bringing interest rates up to 2.25%. This was expected. We now wait for 2:30 pm EST to hear what Jerome Powell has to say, and for him to answer questions. #longterm #learningSee more
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Federal Reserve officials are set to make a second abnormally large interest rate increase tomorrow as they race to cool down an overheating economy. The question for many economists and investors is just how far the central bank will go in its quest to tame inflation. Central bank policymakers raised the benchmark interest rate by ⬆️ 75 basis points in June for the first time since 1994 and signaSee more
75 basis points57.14%
100 basis points32.14%
Other (Share in comments)10.71%
28 votes Ended 07/27/22
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Earlier this week, #PublicLive host Kori Hale (@KoriHale) sat down with Phillip Braun (@phillipbraun), Clinical Professor of Finance at Northwestern University’s Kellogg School of Management, to break down how oil prices can act as signals for broader economic trends. Listen to the recording (link in the comments) and check out the #PublicLiveHighlightsSee more
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Just to protect the wallet for the upcoming months and news. Definitely not a long term, since everything is about to be on SALE and I am going to be buying the Dip! #short #shorterm #inflation #protection
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Sold BitcoinInvested for 182 days
Lost57.69%
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📈 CPI inflation came in at 9.1% year-over-year in June, and increased 1.3% from the month previous. This is higher than the 8.8% expected. 💰 Has inflation peaked yet? With prices coming down in the end of June / early July, there is hope that July CPI will be much better. 📉 With corporate earnings season upon us, we will see if the Fed’s rate hikes are doing its job, or if they will have to geSee more
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Sold NIKEInvested for 45 days
Lost6.67%
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