Fed’s favorite inflation gauge shows it rose in October



Former Federal Reserve Bank of Kansas City President and CEO Thomas Hoenig on the state of inflation and expectations for October’s PCE report. #FOXBusiness

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43 comments

  1. Every day, we are confronted with new difficulties. It is currently accepted as the standard. We mistaken it for a crisis at first, but now we realize it as a new normal to which we must adapt. What steps can we take to improve income during the quantitative adjustment, given that 2023 will be a year of severe economic hardship for the whole country? I can't let my $800,000 in savings vanish after all my hard work.

  2. On the bright side, I can take a couple hundred dollars worth of groceries through the 20 items or less lane.

  3. Here’s a little story for you. The first time I mowed the fields years back my uncle asked me if I was a Dummy? So I began reading all the real estate, remodel, & foreclosure Books For Dummies. Kinda irrelevant because I lean Right & nobody wants to work with me & go out of their way to sabotage my efforts, unfairly & grossly. But I found it interesting Dummy Books highly promoted RealtorCom, which I’ve recently learned is Fox affiliated or generated(?). Dummy Books also encouraged foreign investments as primary & hedging against one another, especially with China. Flash forward 2yrs, this winter I’d planned to really invest my literary studies into the Stock Market, although I don’t have any money it’s so interesting & fun looking while I hope for better days & environments unimpeded. But then something occurred or kept occurring from CCP balloons to Oct 7th & their sudden interest in Middle East affairs, so I redirected my focus as the CCP has unwittingly assisted me & my temperament. I’m close to finishing Pompeo & intend to follow up with Ward immediately after. I feel fortunate considering the redirection/adjustment on my positions for investment prospects. I see now that those who’ve invested & encourage investments with foreign adversaries are in partner somewhat being influenced & owned at this time. It’s unsettling. I also find it fascinating the CCP’s interest in Middle East affairs given the genocide of Uyghur Muslims in western China, especially in contrast with the behavioral advocates from within our Left.
    I purchased my For Dummies Stock Market Book years ago, but as you can understand, things keep taking precedent over the necessity. I look forward to learning in detail these financial matters with you in the future.
    Long story short, my story/focus has been interrupted. 👋🏻

  4. I want to invest $400k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.

  5. I want to invest $400k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.

  6. What I don't like is the fed says everything is great numbers right where we said and a month later ALL the numbers are In and it's actually worse then they predicted but that rarely gets reported.

  7. The FED is to be blamed for economic crisis, they ultimately benefit from buying failed banks, houses or even cars cheaper. Oh well, they can print credit as long as someone will borrow it into existence, but production cannot be printed. Right or wrong?

  8. this guy is all over the place, he is incoherent

  9. OCTOBER LMAOOOOOOOOOOOOOOOOOOOOOOO

  10. Another stellar video from you! Keep them coming!

  11. Of course it showed inflation rose in October, it is the start of the 4th quarter. The 3rd quarter was forced down or lied about to keep from increasing SS benefits that would help out the elderly! ! !
    It is all transparent anymore!!!!!!

  12. I get 🔥 when Maria talks business 🇺🇸

  13. Bidenomics Destroying the Worlds Economies. How Pathetically Criminal.

  14. It's an election year, so we'll probably see the government do things to help Biden 's re-election chances you wouldn't normally see happening take place most likely. It's a possibility at least.

  15. Are you calling biden a liar? Me too.

  16. Oh please this is the ceo,board and executive season to exercise their options . If you can’t find a happy number in one sector of the economy just change to a different sector or who reporting what . We have a fake economy in all aspects not one number is true .

  17. Inflation since Biden = 100%

  18. Wow, the Biden administration appointees just can’t help themselves lying to the American people.
    Janet Yellen and the plunge protection team, pumping up the Dow Jones using taxpayer money.
    Federal regulators, refusing to protect investors, and allowing corruption within the stock market.

    The Biden administration stealing pensions from teachers, police officers, etc. etc. etc.

  19. These numbers are manipulated to be perceived as good,the calculations are totally misrepresented Core inflation is a gimmick to hide real inflation,everyone kind of knows this or should,anytime government injects itself into the economy its a temporary boom and then the crash follows ,the sun is perceived to be a sunny economy but,dark clouds are advancing,imagine what happens if Biden is reelected ,his head to head with Trump is within the margin,just enough margin for voter fraud to upset ,that is the concern about an open border and illegal immigrants getting registered to vote by mail.

  20. When media pushes something that means they are propping it up 😂

  21. Be humble. Stock is ahhhhhhhhh😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊

  22. printing trillions is a good thing. hahahaha

  23. People forget about the transfer of wealth from loss of life during pandemic.

  24. It's only temporary 😂😂😂

  25. Nothing worse than 17% inflation since Biden took office

  26. Democrats 2024 baby if you wanna toss in the towel fully vote dem 2024 all you gen z folks learned a hard lesson on Democrat leadership 😄

  27. So the gov is proping up the stock mark is what i hear.

  28. Yeah. Futures show a great rally and then a couple hours later the market is in the toilet. Who’s cooking the books? These analysts you have on are all just guessing. And their guesses are usually wrong.

  29. Second cheapest year thanks Old man Joe 🏖️🏖️🫏🏖️🏖️🫏🏖️🏖️🚽🏖️🏖️🏖️🔩🏖️🏖️🫏🏖️🏖️👺🏖️🏖️🫏🏖️🏖️👿🏖️🏖️🤧

  30. “Government supporting the economy”. “Large Amount of Stimulus in the economy”. None of that is healthy. Add to it financing the national debt and low national productivity. Show me something concrete with growth and I’ll use some capital to expand my business.

  31. Let's go, Impeding Recession Brandon.

  32. How do they figure inflation they don't use rent fuel costs and who know what else is left out ? I belleave they are scewing the numbers because what they say doesn't fit the reality I'm living of course this administration would never lie to 👆 us

  33. You must be a Biden crony to believe the Inflation Reduction Act did anything but raise inflation.

  34. Biden and Treasury propping up a poor economy, artificial rally will drop early next year…government need to stop over spending the debt is already dragging the economy

  35. Will stock market have a pull back or go higher in December? Once poor people are in the market then it crashes.

  36. This country might only be saved if AMZP33X provides the knowledge and power most of us still lack, hence my post

  37. Economy is humming along and fox hates it

  38. why is Fox Business not reporting oil production breaking records?

  39. Can only walk that far until everything goes down unless AMZP33X is there to save us. If you do not know what I am talking about it is right the first search result

  40. The world would be actually not so terrible as it is often implied if folks understood AMZP33X and its impact. lol seriously first search result explains everything why I say so

  41. The world would be actually not so terrible as it is often implied if folks understood AMZP33X and its impact. lol seriously first search result explains everything why I say so