CNBC: White House says it expects inflation to be ‘extraordinarily elevated’ in new report
* The Biden administration is bracing for the Labor Department’s consumer price index report to show that inflation is “extraordinarily elevated.”
* The consumer price index, or CPI, is one of Wall Street’s favorite ways to measure inflation. The CPI reading for March 2022 is due out Tuesday morning.
* “We expect March CPI headline inflation to be extraordinarily elevated due to Putin’s price hike,” said White House press secretary Jen Psaki.
* The February reading showed the benchmark index rose 7.9% over the last 12 months, the highest level since 1982.
WASHINGTON — The Biden administration is bracing for Tuesday’s key consumer inflation report to show that the prices Americans pay soared in March, as Russia’s assault on Ukraine caused energy prices to jump.
White House press secretary Jen Psaki said Monday that the Labor Department’s previous report — which showed prices rising at a dramatic rate in February — failed to include the majority of the jump in oil and gas costs caused by the Kremlin’s unprovoked invasion.
“We expect March CPI headline inflation to be extraordinarily elevated due to Putin’s price hike,” Psaki told reporters.
Read more ....
WNU Editor: For the White House Press Secretary to bring this up in today's press briefing tells me they already know what the numbers will show. Will blaming Putin for these inflation numbers work? My gut tells me no .... Inflation is hammering the voters who will soon decide some key midterm races (CNBC).
Update: Even Democrats are starting to worry (see below):
MSNBC panel calls Democrats’ midterms chances “a problem problem.”
— RNC Research (@RNCResearch) April 11, 2022
“All of this happened while the Democrats were in power. You told us to put you in power, we put you in power, and now I can’t afford the life I’m living.” pic.twitter.com/jCIUZ3haIx
White House Expects 'Extraordinary' Inflation Numbers To Be Released On Tuesday
Get ready for a nasty inflation report -- Axios
White House braces for ‘extraordinarily elevated’ inflation numbers -- The Hill
Axios, Bloomberg, others forecast 'nasty' March inflation report: 'Number likely to be ugly' -- FOX News
White House warns of ‘extraordinarily elevated’ March inflation rate -- NYPost
9 comments:
Liberals being liberals, The inflation started well before the Invasion of Ukraine.
On a national level or on a city level, Democrats are the death of the world.
USPS Stops Delivering Mail in Santa Monica, California After Multiple Carriers Assaulted
Neither snow, nor rain, nor heat, nor gloom of night stays these couriers from the swift completion of their appointed rounds.
But liberals will fuck the Post Office up but good.
Santa Monica used to be such a nice place. Now, it is a shithole.
A lot of talk in the wind the US needs to back the dollar to gold urgently equal to Russian rubles
Backing the dollar with gold did not work, There was run on gold. However, if several major countries back their currencies with gold, maybe there will not be a run. Or maybe it will show us which country s run better.
I would be hesitant t back a currency with gold I would back it with grain, energy and precious metals. You cannot run out of all 3 at the same tie unless the Green Party is running your country.
Venezuela here we come.
Hunter Biden's Laptop May Have Questionable Material Added
Is Deep State Behind Efforts to Release Bogus Hunter Biden Laptop Pics to Use Against Those Who Reported Honestly on the Laptop from Hell?
So basically the Deep State is making shit up to discredit whistleblowers. By the time it is all done Hunter will have done very little or nothing at all and will just be the innocent victim of a smear job.
They is more purported material than that notebook hard drive could contain.
9:38(a worthless PhD) believes everything the government tells him to believe. He is a good boy.
I posted the first comment. Fred took umbrage and had to post a Biden defense. I've been to Santa Monica starting in the seventies. Last time I visited was last decade. It was a bummer. Nothing like seeing human excrement on the streets or a literally shit stained bum on the bluffs immediately overlooking the beach. I have never seen blue jeans so brown or or so encrusted that they had a seen to them.
Democrats remind us that it has been a long time since there has been a Republican governor. It shows. California is a one party state and it has been going down hill.
tedious mommy's boy pissing his diapers again. keep out of Calif and stay in trailer park where you play with self
Take Peter Weller. He has a PhD in art. He narrated the series "Engineering an Empire". Good actor and the guy has brains as well. Wonderful man.
Now take the Worthless PhD. His posts and Lilliputian world view speaks for itself.
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