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Economy Core Wholesale Prices Rose 0.8% in January, Much More Than Expected
Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday.
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Nixon
Joined 2013/08/01Visited 2026/02/28
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Inflation was "obliterated" the same way Iran's nuclear program was.[image or embed] -- David Rothkopf (@djrothkopf.bsky.social) Feb 27, 2026 at 11:51 AM
Inflation was "obliterated" the same way Iran's nuclear program was.[image or embed]
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... For the full year, core wholesale prices accelerated 3.6%, while the headline index posted a 2.9% gain. Both figures are well ahead of the Federal Reserve's 2% inflation goal and suggest that rising prices are still a factor for the U.S. economy. ...
Diminishing the odds of a Fed rate decrease.
#1 | Posted by LampLighter at 2026-02-27 01:14 PM | Reply
For those mathing...
.8% * 12 months is 9.6%, annualized.
Biden's peak, annualized, was 9.1%.
#2 | Posted by Danforth at 2026-02-27 01:23 PM | Reply
Polio Bob tells Americans to eat liver instead of beef.
bsky.app
#3 | Posted by reinheitsgebot at 2026-02-27 01:51 PM | Reply
What a ------- disaster
#4 | Posted by LegallyYourDead at 2026-02-27 07:39 PM | Reply
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