Page 4 - Core Rate News Today

Working with refiners to encourage them to be producing as much as they can at capacity, as well as, you know, putting on the table a federal gas tax holiday. so the president has taken a series of steps but one thing that he wants to make clear is that, you know, while we have seen the price of oil fall significantly, we actually havent seen prices at the pump fall as much. so the president has also called on, you know, gas sellers to reflect those prices that americans are paying. so this is a...

Inflation number for consumer prices. that is a big number. and that second number to the right, 0.5%. sorry that didnt get updated. 0.5% from november to december. that is also a big one-month move. when you strip out volatile food and energy, the so-called core rate, that was 5.5% from december 2020 to 2021 and from november to december, 0.6%. you can see these numbers are still running way too hot. this is the hottest inflation in decades. i look inside these numbers, just from november, dece...

Rose 5.5% on an annual basis. that is the fastest inflation since 1991. and the core rate of 0.6%. john, really important here on energy, energy costs cooled off in december. these numbers would have been even worse if it werent for a cooling off in energy. for just about everything else, prices went up -- im trying to find where prices fell. i can only see vehicle, motor vehicle insurance, and some recreation categories, prices fell just about everything really running at a hot pace here. this ...

Ago on inflation in the united states. cnn chief business correspondent christine romans with the numbers. >> measuring that gut punch, john, that inflation gut punch that everyone is feeling, 39 years ago was the last time we had inflation running this hot. 6.8% annual overall consumer price index. thats a pretty hot number. you felt this in everything from cars to gasoline to food at home to food away, youve been feeling higher prices and this november number shows that. you strip out the vola...

Freight is expensive to move around the world. rent prices are going up. you know, is this a reality that the white house is choosing to look away from? >> yeah, i think it is. larry summers, who is no -- is a democrat, served as democrat secretary treasury, he warned in february when the first -- this years additional stimulus bills were passed in the spring, larry summers, a long-standing democrat warned that inflation was going to take off. it was taking off. hes right. youve seen it accelera...

Reliable broadband. the bedrock of the new global digital economy. so how do you get there? how do you close that gap to make sure every american has access to the cheap, fast, affordable broadband? the administration says that with 100 billion bucks and a number of private and public initiatives, it can close the gaps everywhere by 2030. back to you guys. >> miguel, thanks for that report. excellent, as always. new data revealing how much prices have gone up. youve probably noticed. as the ec...

Mind. ainsley: put that on top of the tree, there you go. are we ready to plug in the christmas tree? >>tree? [cheers] >> merry christmas. >> we have a lot of friends coming over to decorate the big tree. [doorbell] >> merry christmas. ainsley: yall come in, we are going to deck core rate the tree. this is paige, this is lori. im from south carolina as you know. and these are my girls that are my heart, my life, my family in new york. we have gone on trips together and we are raising our kids to...

Make sure you are chewing and effectively cutting whatever roast it is that you are eating and try not to talk when you are eating. thats when people tend to choke and also fish bones, chicken bones. pete: kids like to walk around with food in their jaw for hours. >> or toys. todd: along the toy front. toys on the ground people tripping. how do you avoid accidental injuries? >> from thanksgiving until now when everyone is decorating, this is a big problem, people falling off roofs and falling of...

The cost of clothing, airline tickets and medical care all increased. that pushed up the core rate and that is the one fthat the fed really looks at. i should add contessa keeping a continued lid on the core rate was just a 0.1% rise in the equivalent of rent. apartment vacancies continue to drop and landlords are getting pricing power. it is not yet showing up in this data. >> there was some good news that predicts a drop in gas prices this summer. >> yeah. here is to hoping, huh? though there ...

D day. the core rate was only up 9.01% for now, and the energy component rose 3.5% month on month. >> been shopping and noticing that in the grocery store, i mean, food prices are going up in general. tomatoes, the prices are crazy. so i open "the new york times" this morning, and i could not believe one of the reasons why tomatoes are so expensive. tell us. >> unbelievable. in fact, were seeing them being targeted by thieves. its quite whacky. theres a ring of sophisticated vegetable bandits on...