View 3 more replies »
JSul3 · 70-79
When Trump announced his "liberation day" corporations loaded up on goods ahead of the tariff date.
Go look at the US imports. They were huge.
As this inventory of goods gets purchased by consumers, the next round will have the new import tariffs applied. Time will tell how soon corporations begin to raise prices to consumers....but they will.
BTW, steel and aluminum remain at 50% import tariff rare.
Go look at the US imports. They were huge.
As this inventory of goods gets purchased by consumers, the next round will have the new import tariffs applied. Time will tell how soon corporations begin to raise prices to consumers....but they will.
BTW, steel and aluminum remain at 50% import tariff rare.
JSul3 · 70-79
SumKindaMunster · 51-55, M
sunsporter1649 · 70-79, M
samueltyler2 · 80-89, M
@SumKindaMunster not in my area. The only reasonable lives are for very local fruit and vegetables. Blackberries are essentially double the costs they were, even at Costco.
samueltyler2 · 80-89, M
Don't jinx us. The fed did a great job giving us a soft landing. We are experiencing a really weird situation. The dollar is falling in value, prices are continuing to rise, the effects of tariffs are only starting to be felt. The national debt is being raised to extraordinary levels. Hopefully
samueltyler2 · 80-89, M
@DogMan maybe you aren't, but when I go shopping it is obvious we are. We have Judy gotten used to them. It wasn't long ago i paid $.99 pound for bosc pears, they were $2.69 yesterday at the supermarket.
DogMan · 61-69, M
@samueltyler2 Also, our gas in the southwest has gone down. 2.93 gallon. at Sam's Club. Lowest it been in about 6 years.
You might have to change your brand of Pears,
You might have to change your brand of Pears,
samueltyler2 · 80-89, M
@DogMan not here. Our gas goes up and down. I drive an EV so no big deal to me but it is not rare to be over 3 bucks.
DogMan · 61-69, M
What is the Current Inflation Rate?
July 15, 2025 by Tim McMahon Leave a Comment
Share the wealth!
Current Annual inflation for the 12 months ending in June 2025 is 2.67%
Jump to Current Inflation Table | Jump to Current Inflation Chart
Inflation is down from the June 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs.
High inflation rates also correspond to high interest rates as lenders need to compensate for the decline in purchasing power of future interest and principal repayments. This results in higher costs of doing business and place an overall drag on the economy. Currently, CDs and Savings accounts are paying more than they have in a long time. If you are lucky, you can get 3.5% interest on your savings which will actually give you a small positive return after inflation, except that if you have to pay taxes on the "gain" you are still losing
July 15, 2025 by Tim McMahon Leave a Comment
Share the wealth!
Current Annual inflation for the 12 months ending in June 2025 is 2.67%
Jump to Current Inflation Table | Jump to Current Inflation Chart
Inflation is down from the June 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs.
High inflation rates also correspond to high interest rates as lenders need to compensate for the decline in purchasing power of future interest and principal repayments. This results in higher costs of doing business and place an overall drag on the economy. Currently, CDs and Savings accounts are paying more than they have in a long time. If you are lucky, you can get 3.5% interest on your savings which will actually give you a small positive return after inflation, except that if you have to pay taxes on the "gain" you are still losing
samueltyler2 · 80-89, M
@DogMan June 2022, you could choose a worse month to compare with. You admit that it was the height of the inflation.
DogMan · 61-69, M
@samueltyler2 Yes it was the peak and it was caused by the Covid lockdowns. 2.67 Isn't as bad as it could be.
High interest rates are keeping it from going lower.
High interest rates are keeping it from going lower.
SunshineGirl · 36-40, F
2 April 2025 ("Liberation Day"): global stockmarkets crash following the announcement of new tariffs by Donald Trump. The S&P 500 fell by 4.9% in a single day, the second largest fall in its history. Investors piled into government bonds.
4 April 2025:Trump announced he was aiming to lower the 10 year bond yield to reduce government borrowing costs. Bond yields surge from 3.86% to 4.5%.
9 April 2025: Trump caves into massive pressure and pauses all tariffs. Stockmarkets begin to recover. Bond yields remain high, increasing US government debt and the possibility of a recession.
4 April 2025:Trump announced he was aiming to lower the 10 year bond yield to reduce government borrowing costs. Bond yields surge from 3.86% to 4.5%.
9 April 2025: Trump caves into massive pressure and pauses all tariffs. Stockmarkets begin to recover. Bond yields remain high, increasing US government debt and the possibility of a recession.
This comment is hidden.
Show Comment
This comment is hidden.
Show Comment
GuidanceCounselor · 56-60, M
@DogMan why ask a British communist about anything
TinyViolins · 31-35, M
By definition, a recession requires 2 consecutive quarters of negative GDP growth. The 2025 Q2 report hasn't been released yet, so officially we still have to wait. It's a lagging measure. We can't genuinely say we're in a recession until we've been in it for a while.
But the stock indexes are no measure of recession. There are plenty of examples of the Dow rising during previous recessions and plummeting during periods of economic growth. If you remember during Covid, the stock market was booming for a while
But the stock indexes are no measure of recession. There are plenty of examples of the Dow rising during previous recessions and plummeting during periods of economic growth. If you remember during Covid, the stock market was booming for a while
DogMan · 61-69, M
@TinyViolins I think it will really take off when interest rates start getting lowered. But it will be a struggle if they don't.
TinyViolins · 31-35, M
@DogMan Well I'm not expecting that to happen anytime soon. It would be great to have lower rates, but the Fed is hesitant for good reason.
Consumer spending is doing fine right now. Unemployment is fine. The stock market is fine. There's not really a need to stimulate spending. Couple that with the huge levels of uncertainty regarding tariffs, it's best to keep things steady until we can figure out the impacts on inflation will be. If inflation ends up hitting harder than expected, then the Fed would have already blown its only chance to curb it.
Consumer spending is doing fine right now. Unemployment is fine. The stock market is fine. There's not really a need to stimulate spending. Couple that with the huge levels of uncertainty regarding tariffs, it's best to keep things steady until we can figure out the impacts on inflation will be. If inflation ends up hitting harder than expected, then the Fed would have already blown its only chance to curb it.
akindheart · 61-69, F
@DogMan my dear… you can’t bring the living God to do anything. He has an appointed time for everything in the book. You know nothing about the person I am.
DogMan · 61-69, M
@Unefilletrescurieuse One of my riding buddies is a devout Christian like yourself. He also believes the Rapture is
coming soon, and although he believes that HE is saved, he worries about others. The market economy will be fine.
Also our government will be fine. I have faith that everything will work out just fine.
coming soon, and although he believes that HE is saved, he worries about others. The market economy will be fine.
Also our government will be fine. I have faith that everything will work out just fine.
DogMan · 61-69, M
@Unefilletrescurieuse And I really don't want to. Bye
DogMan · 61-69, M
@Kypro I was forced onto Medicare last year, I wish I could lose it, it sucks. Since my wife and I both
own businesses and still working we are getting charged some kind of premium. It is costing more than
the plan we were on through my company
It seems like big business is running it all.. Our primary can't do anything but farm us out to different people for
every little thing.
own businesses and still working we are getting charged some kind of premium. It is costing more than
the plan we were on through my company
It seems like big business is running it all.. Our primary can't do anything but farm us out to different people for
every little thing.
ScreamingFox · 41-45, F
DogMan · 61-69, M
@ScreamingFox And when exactly did this start for you? Are you working? You might have to move.
I have moved and started over a couple times in order to better my life. Now I have everything I need.
I do understand that the poor and middle class have had it the hardest. Energy prices alone have been
hard on people for the last 4-5 years
I have moved and started over a couple times in order to better my life. Now I have everything I need.
I do understand that the poor and middle class have had it the hardest. Energy prices alone have been
hard on people for the last 4-5 years
samueltyler2 · 80-89, M
There is still a significant inflation. The Fed. Is trying to avoid more inflation while not pushing the country into a recession.
GuidanceCounselor · 56-60, M
AthrillatheHunt · 51-55, M
BizSuitStacy · M
This comment is hidden.
Show Comment
Kypro · 51-55, M
https://apple.news/Awn_Qjim0Qt-9UAMavkeL5g