Inflation is rising faster that expected:
(CNN) — The cost of food and energy continued to climb in January, hitting 3% for the first time since June 2024, pushing the cost of living higher for Americans.
Consumer prices rose 0.5% from December, resulting in an annual inflation rate of 3% for the 12 months that ended in January, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics.
Economists were expecting inflation to pick up 0.3% from December, keeping the annual rate at 2.9%, according to FactSet consensus estimates.
Is the price spike Trump’s fault since he was ceremonial president for only 10 days of the look-back period? Yep. It is definitely Trump’s fault. That’s how it works.
Also, where are my fucking $3 EGGS, Trump? No excuses — the president is responsible for egg supply as well as inflation increases, everyone knows that. Even if he has outsourced his job to a apartheid South Africa-born weirdo dipshit who wears a spawn on his head to ward off Luigis.
Trumpflation is an intolerable hardship for every American, and it’s Trump’s fault. Pass it on!
Open thread.