Biggest drivers in the rising June CPI data include appliances and beef prices. Cattle Futures Make All-Time Highs McDonalds and Shake Shack have reported their quarterly financial reports, both provided a less-than-stellar guidance for the current yearm attributable to higher beef prices
People who care about the prices of eggs likely will lose their ****ing mind if the price of hamburgers goes up.
I've seen a lot of Trump defenders go on and on about how they are seeing lower prices at the stores now under Trump, compared to Biden. Beef prices climb to record highs in US According to U.S. government data, the average price of a pound of ground beef rose to $6.12 in June, up nearly 12% from a year ago. OMAHA, Neb. — Anyone firing up the grill this summer already knows hamburger patties and steaks are expensive, but the latest numbers show prices have climbed to record highs. And experts say consumers shouldn't expect much relief soon either. The average price of a pound of ground beef rose to $6.12 in June, up nearly 12% from a year ago, according to U.S. government data. The average price of all uncooked beef steaks rose 8% to $11.49 per pound. https://www.khou.com/article/news/n...n-us/507-23330ab8-992f-44a4-931f-6af9fea316b1
most people expect the Fed to cut rates in the next FOMC meeting in Sept, but not so fast here are 3 reasons---inflation inducing---that there may be no cuts this year 90+ days after liberation, still no trade deals of significance, adding more uncertainty [Big beautiful bill] sponsored by the Tangerine Musolini adds 6 trillion dollars in debt
