Core Inflation Rose to 2.9% in July, Highest Since February

Sunday, August 31, 2025

Inflation edged higher in July, according to the Federal Reserve's preferred inflation measure, indicating that President Donald Trump's tariffs are working their way through the U.S. economy.

Posted by qcp at 03:32 PM | 25 COMMENTS | permalink | Comment on This Entry |

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Here are the biggest takeaways from the government's latest inflation data.

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-- CBS News (@cbsnews.com) Aug 29, 2025 at 4:30 PM

Comments

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"When I win, I will immediately bring prices down, starting on Day One."

The decomposing------------------- lies again.

#1 | Posted by reinheitsgebot at 2025-08-29 09:45 AM | Reply

Must be a Day-2 priority.

#2 | Posted by Doc_Sarvis at 2025-08-29 10:14 AM | Reply

Let me just put this here with Transcript excerpts from Jeffrey Sachs:

"The real worry I have is just disaster
in the in the short term because
my country is the worst lead that it's
ever been and our political system has
collapsed.

So we have one person rule
which is not exactly the way to run a a
society of 335 million people and $30
trillion of output but that's what what
we have for the moment.

But if we can
avoid the catastrophes, we actually not
just rhetorically and not just
optimistically, we really have a lot of
solutions in this world for food
production, for sustainable energy, for
uh better education and health care
systems, for all sorts of things that
are completely wonderful."

www.youtube.com

#3 | Posted by Corky at 2025-08-31 03:59 PM | Reply

The Dotards administration can fudge numbers like this and the unemployment rate but they cannot control the continuing fall of the Dollar nor can the administration do anything about interest rates. They can try to take control of the Fed but they cannot control macroeconomic activity that will be like a python around the throat of a baby ...

#4 | Posted by catdog at 2025-08-31 05:25 PM | Reply

The worth of the dollar has fallen 11% since Trump started his trade wars and civil war.

MAGA! Right?

#5 | Posted by ClownShack at 2025-08-31 05:32 PM | Reply

There's going to be inflation like you have never seen if Trump really thinks he's going to raise 15 trillion dollars with tariffs but that is what the Moron in Chief said on Truth Social just a few days ago.

#6 | Posted by danni at 2025-09-01 09:57 AM | Reply

HECKUVA JOB, PEDO

#7 | Posted by LegallyYourDead at 2025-09-01 10:32 AM | Reply

I'm more worried about the collapse.

#8 | Posted by Yodagirl at 2025-09-01 12:05 PM | Reply

tAriFfS aRe tAx CutS!

- KKKaroline

#9 | Posted by Nixon at 2025-09-02 07:34 AM | Reply

Where's Scotts?

#10 | Posted by jpw at 2025-09-02 07:48 AM | Reply

OOHHHHHHH MMMMMMMMMYYYYYYYY GGGGGOOOOOODDDDDDDDDD!!!!!! 2.9%!!!!! The world is ending!!!!

"Biden was up to 9%."

FAKE NEWS!!!! WRONG!!!! PRICES HAVEN'T GONE UP ANYWHERE!!!!!!

#11 | Posted by humtake at 2025-09-02 11:23 AM | Reply

9% one month. You do keep lying.

#12 | Posted by YAV at 2025-09-02 11:29 AM | Reply

PRICES HAVEN'T GONE UP ANYWHERE!!!!!!

#11 | POSTED BY HUMTAKE

You want to lie to me about my daily, personal experiences?

How much are you paid for doing that? And is your salary adjusted for inflation?

#13 | Posted by Zed at 2025-09-02 11:36 AM | Reply

And the world moves on without the United States.
Forming partnerships without US.

BRICS is going to dominate because of Trump.

We can all thank the fkking MAGAt morons for that.
But hey - keep screaming "BIDEN!"

#14 | Posted by YAV at 2025-09-02 11:46 AM | Reply

But hey - keep screaming "BIDEN!"

Inflation is transitory
~ Snoofy

I said it before and I'll say it again, its government spending.

The federal government has already spent $3.6 trillion from January to June of 2025 " up $142 billion from this same period last year.

Good luck!

#15 | Posted by oneironaut at 2025-09-02 11:53 AM | Reply

IAMRUNT's rotting orange idol said he was going to lower prices on day one. What happened?

#16 | Posted by reinheitsgebot at 2025-09-02 11:55 AM | Reply

BRICS is going to dominate because of Trump.

Its got nothing to do with Trump, or Biden. It has to do with America is in debt, and can't get out of it.

Neither team wants to deal with it.

RE:BRICS: Gavin Newsom will keep buying oil from India instead of California because of "climate." Its odd, but America bets against itself to own the other team.

Sad, but true.

#17 | Posted by oneironaut at 2025-09-02 11:56 AM | Reply

And the world moves on without the United States.
Forming partnerships without US.

As the dollar's leverage wains that is what countries will do. No President could stop whats happening, 1/3 of all US debt must be repurchased this year.

Blaming the otherside makes you feel better I suppose, but doesn't fix the issue.

#18 | Posted by oneironaut at 2025-09-02 11:58 AM | Reply

" It has to do with America is in debt, and can't get out of it."

Maybe start with not renewing expiring tax cuts.

Have you thought of that? Because you were dead silent when the BBB was being debated.

Basically, the folks you enable are just about to borrow another $5 trillion, mostly to give away in tax cuts to the world's wealthiest one percent.

Why didn't you speak up?

#19 | Posted by Danforth at 2025-09-02 12:01 PM | Reply

President Xi Jinping used a mix of bonhomie and economic allure this week to send Donald Trump a clear message: Beijing has too much global clout to be dictated by the US," Bloomberg reports.

"Cameras captured the Chinese leader in a rare, unscripted huddle on Monday with Vladimir Putin and Narendra Modi " his most powerful partners in resisting America on the world stage " at a summit in the Chinese port city of Tianjin. At one point, Xi held hands with his Indian counterpart, as the three men laughed casually, a striking scene given just months earlier New Delhi and Beijing were seen as rivals."

politicalwire.com

The decomposing------------------- did that.

#20 | Posted by reinheitsgebot at 2025-09-02 12:01 PM | Reply

#11 | Posted by humtake

What was the inflation rate at the end of Biden's term? You know, when it actually should matter?

Dumb --it.

#21 | Posted by Whatsleft at 2025-09-02 04:03 PM | Reply

#18 | Posted by oneironaut

Trump is responsible for most of what caused the high inflation and subsequent interest rate hikes. One third of the current US debt has been accrued under Trump. Your idiotic narrative can't rewrite actual history. You're just a partisan troll/perhaps a foreign bot. It's a shame RCade is so tolerant.

#22 | Posted by Whatsleft at 2025-09-02 04:09 PM | Reply

#11 STFU you idiot.

Nobody expected you to get it, so next time just remain quiet.

#23 | Posted by jpw at 2025-09-02 04:18 PM | Reply

I said it before and I'll say it again, its government spending.

Wow. More amazing insight from onelumpofs%^*.

You mean increasing the money supply causes inflation?!?

We better get that Nobel nod for you you f^+*ing economic jeanyus.

#24 | Posted by jpw at 2025-09-02 04:20 PM | Reply

9+% inflation
iTs tRaNsItOry!!!!

~ Goobers

#25 | Posted by lfthndthrds at 2025-09-03 08:48 AM | Reply