Inflation increased more than expected in January as prices heated up for Americans

[RicoSuave102954]

You realize the election was in November, correct?

This stuff was known the minute Turd was elected.

Accept responsibility.

Translation = Mitch knows Biden is responsible, but he'll post some nonsense response anyway

 

[the24fan]

You realize the election was in November, correct?

This stuff was known the minute Turd was elected.

Accept responsibility.

I do.
Again, I don't have a horse in the race.
However Biden was still in office in November correct?
What earth shattering moves happened after election day that influenced prices? Can you fill me in on that?
Did the avian flu suddenly spring up day after election?
Were there any additional tariffs enacted day after election?
Just what policies were put into effect day after election that has led to stubborn inflation in January?
I'm confused.......

 

[cohawk]

Car prices are set to explode? That's odd, steel prices are flat:

Steel - Price - Chart - Historical Data - News

Steel decreased 69 Yuan/MT or 2.08% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on February of 2025.

tradingeconomics.com

Ford lost 1b in profit during Trump's last presidency due to the steel tariff. It benefits US steel companies but it hurts the downstream supply as they jack up the price since they no longer have competition.