ABC News’ Elizabeth Schulze breaks down the latest Consumer Price Index report, which shows inflation slowing to 0.1% compared to last month, the smallest increase since the start of the pandemic. WATCH the live stream of ABC News here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #ABCNLUpdate #inflation #economy #cpireport
Original source (ABC/Youtube)
Fake news media again….
A pack of hot dogs at my store is $12.
Propaganda
Where is it falling exactly lmao
Who cares about furniture, what about the food!!
Does anybody believe these numbers?
No it has not is almost 20.00 for eggs
After skyrocketing after Biden spent more money than has ever been created for nearly 2 years.
Inflation IS NOT DROPPING.. it's getting worse!!!!!
this is so stupid. It's like saying the baseball I threw up in the air is falling faster than when I threw it…..
😂
Biden gets a thumbs up for this
Biden gets a thumbs down for having classified documents
yay more fake news wonderful….
I use coupons!
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.
Click bait!!
Then why in the hell food prices still up?!
Price of chicken, eggs ,and milk half double
Rent control
Funny how propaganda outlets like ABC tend to pay little mind when inflation rises six points, but makes a big deal out of a 0.1% drop. The media is the most corrupt entity in American today.
Blowing smoke up our asses! Not trying to be negative but forsee a bad year for the economy
Gas is in the near $6 range in San Diego.
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Credit card debt.
Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. This global collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximise my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
The Savings Rate just collapsed down to 2.2%, the lowest level ever. Means Americans are running out of money. Last time it was this low was 2006-07. Right before GFC. Major Recession Warning. Expect a big decline in consumer spending in 2023. In five years, I would be retiring or working less hours, so I'm just curious about how people divide their income—specifically, how much goes to investments, savings, and consumption. I make about $165K a year, yet there is now nothing to show for it.
Better to have loved and lost than never loved at all.” Lord Tennyson.
sigh Falling as in it's getting worse at a slower rate, but the damage is already done. We ain't getting back to square 1.
Seems to be for everything but food prices.
Republicans are weeping over this good news, because now they've lost their primary issue against Biden. They don't care about high prices. They care about complaining about Democrats. And just wait, there will be a slew of internet comments claiming that the inflation rate last wasn't really 0.1%, that one particular item costs a fortune so the figures must be wrong or that there is a government vast conspiracy to manipulate inflation statistics.
As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
After a nightmarish 2022, shell-shocked investors have losses to recoup and plenty to ponder, as an inflation report and a raft of other data did little to change expectations that the Federal Reserve would likely continue hiking intrest rates even if the economy slows down, Which means more red ink for portfolios for the first quarter of year 2023. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $250k bond/stocck portfolio
Of course President Biden should be credited.
Falling? What a load of lies.
SI ESPAÑA LLEVA MUCHOS AÑOS ASESINANDO AL PUEBLO SOBERANO TOTALMENTE AMORDAZADO LLAMANDOLO DEMOCRACIA.
Plandemic issues are going exactly as planned by the pRESIDENT.
We pay for it ALL.
Cheerleading a decrease in the rate of the rate of increasing prices (the acceleration has slowed)
Inflation still to high!!! The prices need to come down!!!!
Go to the grocery store lately? Everything is up.
What the hell have you been smoking hope whatever it is it doesn’t give you the munchies. Food shopping is one case of sticker shock after another so good luck with that.
Eggs are up 60%, food is up, rent is up, insurance rates are rising, nurses on strike for more money. That's all inflation.
🤔🤔🤔, no more money going to Ukraine?
It's still up 300% from day one of his presidency…..and dumbass liberals still call it a victory.
Inflation is up, but the rate at which inflation is slower now? I truly feel for the individuals who have to make this video.
Yippie??
I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment..
Not at my grocery store. This is called lying with statistics
Yeah huge drop. I just spent $20 on eggs you morons.
So if Biden caused worldwide inflation I guess he is responsible for the fall in inflation as well.
Yeah, I see prices dropping everywhere. Fake news.
🤔