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Drudge Retort: The Other Side of the News
Friday, May 17, 2024

Inflation slowed last month, offering a note of relief to cash-strapped shoppers after three months of bigger-than-expected price increases.

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"Core" inflation, which strips out volatile food and energy prices, was 3.6% in April " the lowest reading in three years.

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"If inflation continues to moderate, the Federal Reserve may be able to start cutting interest rates later this year " a prospect that cheered investors and triggered a stock market rally."

#1 | Posted by Corky at 2024-05-15 03:31 PM | Reply

I demand the return of 99 cent Whoppers. And super sized fries, cooked in beef fat.

Make fast food great again!

#2 | Posted by censored at 2024-05-17 11:12 AM | Reply | Funny: 1

This is NOT inflation.

This is corporate greed.

#3 | Posted by DarkVader at 2024-05-17 11:33 AM | Reply | Newsworthy 1

CENSORED

I don't doubt for a minute that President Biden is doing everything in his power to help reduce inflation (especially in an election year).

But what I want to know is: When is Dollar Tree going to go back down to a dollar?

#4 | Posted by Twinpac at 2024-05-17 02:29 PM | Reply | Newsworthy 2

Terrible news. My condolences to all the right-wingers who were hoping that food prices would be much higher.

#5 | Posted by Derek_Wildstar at 2024-05-17 02:40 PM | Reply

Not in this neck of the woods. At least not yet. Here's hoping though.

#6 | Posted by BellRinger at 2024-05-17 02:41 PM | Reply

They always tell you inflation is going down whenever the prices are going up.

A country enslaved by riba.

#7 | Posted by ExpectingReign at 2024-05-17 08:38 PM | Reply

"You tell people that inflation is coming down and they think, 'I don't understand that. The price of all the things that I buy hasn't come down.' And they're not wrong," Powell said at a conference in Amsterdam

The whole article is built on a lie.

IF prices come down even a little at this point, it's because the average consumer is tapped out.

The problem is, the average consumer doesn't understand the voodoo numbers game. Inflation easing simply means prices aren't rising as fast but Joe mechanic still sees high prices.

"If inflation continues to moderate, the Federal Reserve may be able to start cutting interest rates later this year " a prospect that cheered investors and triggered a stock market rally"

--------. Same old story to keep investors hanging on since Jan 1 this year and no rate cuts.

#8 | Posted by lfthndthrds at 2024-05-17 11:59 PM | Reply | Funny: 1

LOL I laugh at the premise of this thread.

Heads-up, its BS.

#9 | Posted by oneironaut at 2024-05-18 12:13 AM | Reply

This is NOT inflation.
This is corporate greed.
#3 | POSTED BY DARKVADER

And in the next thread you'll cheer Biden increasing the NASDQ, and NYSE ...

#10 | Posted by oneironaut at 2024-05-18 12:14 AM | Reply | Newsworthy 1

#1 | POSTED BY CORKY

You need to get your BS detector fixed, the whole point of the "statement" was to help Biden get elected.

#11 | Posted by oneironaut at 2024-05-18 12:15 AM | Reply | Newsworthy 2

@#4

Or at least change the name to

"A Dollar and a Quarter Tree"

#12 | Posted by shane at 2024-05-18 12:30 PM | Reply | Newsworthy 1

Pfft. Ever heard of Family Dollar? Most things have always been over a buck there. Although I did get some nice T-shirts there for $5 each, about ten years ago. One of them said "Silence is golden, duct tape is silver". Wish I had bought more at the time.

#13 | Posted by sentinel at 2024-05-19 07:58 AM | Reply

Grocery prices have not declined in Texas where I live.

#14 | Posted by e1g1 at 2024-05-19 09:17 AM | Reply

Grocery prices have not declined in Texas where I live.

#14 | POSTED BY E1G1 AT 2024-05-19 09:17 AM | REPLY

Neither have they in central Kansas. If anything they have gone up.

#15 | Posted by LauraMohr at 2024-05-19 09:41 AM | Reply

Grocery prices have not declined where I live. In fact, some item like eggs, meats, oils, etc. continue to rise.

#16 | Posted by gracieamazed at 2024-05-19 10:17 AM | Reply

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