Thursday’s release of November’s Consumer Price Index (CPI) data showed inflation unexpectedly eased to an annual rise of 2.7% that month. But monthly comparisons — October data was never collected due to the government shutdown — were absent from the Labor Department’s report, leaving more recent price swings a bit of a mystery for dozens of product categories.

Economists treaded lightly following the report.

Heather Long, chief economist at the Navy Federal Credit Union, said in an email that Thursday’s report was “the data nerd equivalent of the ‘emperor has no clothes’ story.”

“It’s hard to take this data seriously. There was no data collection in October and limited collection in November,” Long said. “A key reason inflation cooled unexpectedly is a big easing in rent costs. That doesn’t match up with private sector data, and it doesn’t pass the 'sniff test' of reasonability.”

 

https://finance.yahoo.com/news/cpi-inflation-print-draws-caution-from-economists-its-hard-to-take-this-data-seriously-164227700.html

Which country is this?

No, I didn't open the link.

8 minutes ago, emptypockets said:

Which country is this?

No, I didn't open the link.

 

Going by the OP posting history............ ill go out on a limb and say its the USA.

When you lie and and just make up fictional information and present it as facts to the blindky gullible anything is possible. Also shutting down the release of statistical data reports issued by various agencies also help shield the infirm from the reality that is actually going on. 

Real economists were also skeptical but were more measured in their analysis unlike the former worker "at an investment firm in London" and CNN and Washington Post columnist Heather Long who only has a master's degree, now cosplaying as a "chief economist" at a credit union.

 

"The BLS might have carried forward prices in some categories, effectively assuming 0% inflation,” Michael Gapen, chief U.S. economist at Morgan Stanley, said in a note, deeming the November reading as “noisy” in a way that’s “difficult to draw strong conclusions.”

 

“If these technical factors are the main source of weakness, we could see reacceleration in December,” Gapen added."

 

Heather Long is chief economist at Navy Federal Credit Union. She was formerly an award-winning columnist, editorial board member and U.S. economics correspondent for The Post from 2017 to 2025. She is widely known for spotting trends early and making economic news accessible to all. Before joining The Post, she was a senior economics reporter at CNN and a columnist and deputy editor at the Patriot-News in Harrisburg, Pa. She also worked at an investment firm in London and was a Rhodes Scholar.
Education: Wellesley College, BA in economics and English ; Oxford University, master's in financial economics and medieval literature.

 

"While a PhD is not a legal or universal requirement for a chief economist, it is highly preferred and common in the investment industry. The degree serves as a significant credential that provides both deep technical expertise and institutional prestige."

Is this another way of saying the lefts narrative that the big beautiful tariffs would cause out of control inflation was total bs?

Yes it is. Trump was right, again.

Yes I agree these numbers are completely ridiculous. I use real numbers which are food staples that I consume every time I go back to the US which is two to three times a year, and every single time without fail my staples have gone up 10%, so what does that compute to? 22% annual? 

 

Everyone is talking about the rising prices in the US and only the most affluent seem to be capable of ignoring it. Trump has not only not been able to do anything about the problem, he seems to have exacerbated the price rises with his stupid and ineffective tariffs. 

It is certainly hard for leftists to accept that Trump's policies are having the desired effect.

 

The Liberal tears are flowing. 

8 minutes ago, JonnyF said:

It is certainly hard for leftists to accept that Trump's policies are having the desired effect.

 

The Liberal tears are flowing. 

Lol, they're only effective because he says so. Numbers indicate otherwise.

2 hours ago, Oliver Holzerfilled said:

Real economists were also skeptical but were more measured in their analysis unlike the former worker "at an investment firm in London" and CNN and Washington Post columnist Heather Long who only has a master's degree, now cosplaying as a "chief economist" at a credit union.

 

"The BLS might have carried forward prices in some categories, effectively assuming 0% inflation,” Michael Gapen, chief U.S. economist at Morgan Stanley, said in a note, deeming the November reading as “noisy” in a way that’s “difficult to draw strong conclusions.”

 

“If these technical factors are the main source of weakness, we could see reacceleration in December,” Gapen added."

 

Heather Long is chief economist at Navy Federal Credit Union. She was formerly an award-winning columnist, editorial board member and U.S. economics correspondent for The Post from 2017 to 2025. She is widely known for spotting trends early and making economic news accessible to all. Before joining The Post, she was a senior economics reporter at CNN and a columnist and deputy editor at the Patriot-News in Harrisburg, Pa. She also worked at an investment firm in London and was a Rhodes Scholar.
Education: Wellesley College, BA in economics and English ; Oxford University, master's in financial economics and medieval literature.

 

"While a PhD is not a legal or universal requirement for a chief economist, it is highly preferred and common in the investment industry. The degree serves as a significant credential that provides both deep technical expertise and institutional prestige."

Good job at cherry picking one source that is not highly qualified, but sure knows more about the subject than you.

 

How about these guys??

 

“It appears that BLS made a big judgment error in its shelter calculation (effectively assuming 0 in October), leading to inflation understated,” Harvard economist Jason Furman said in a post on X. “It is, however, very unlikely this error was political. If anything the opposite: they stuck to algorithm rather than using judgment.”

 

“Hopefully @BLS_gov will clarify this,” Jed Kolko, senior fellow at the Peterson Institute for International Economics, said in an X post responding to Furman’s take. “Lots of confusion in expert text chats this morning.”

 

Meanwhile, Sam Tombs, chief US economist at Pantheon Macroeconomics, pointed out another wrinkle: “A higher proportion of price quotes than usual for November likely were sourced during the Black Friday discount period,” he said in a note to clients.

“November’s CPI data have to be treated cautiously, given that CPI data collection resumed only on the 14th after the end of the shutdown,” Tombs said.

6 minutes ago, stevenl said:

Lol, they're only effective because he says so. Numbers indicate otherwise.

 

You can find the numbers in the CPI. 

 

Refer to the OP. 

1 minute ago, JonnyF said:

 

You can find the numbers in the CPI. 

 

Refer to the OP. 

 

You can read the headline and the opinion from experts in the article.

 

Refer to the OP

Just now, CallumWK said:

 

You can read the headline and the opinion from experts in the article.

 

Refer to the OP

 

I prefer to look at figures rather than listen to opinions. 

Interesting article on Fortune magazine today showing the country as deeply in debt. 

https://fortune.com/2025/12/17/38-trillion-national-debt-interest-payments-over-1-trillion-per-year-crfb-outlook-forecast/

 

According to an analysis released by the nonpartisan budget watchdog Committee for a Responsible Federal Budget (CRFB) on Dec. 16, the $38 trillion national debt is “largely to blame for these high interest payments,” having climbed to equal 100% of the nation’s gross domestic product (GDP). While the specific line item for net interest in the federal budget totaled $970 billion for the fiscal year, the Congressional Budget Office (CBO) indicates actual spending for net interest payments on the public debt broke the barrier of $1 trillion for the first time in FY 2025. Over the coming decade, the CRFB projects these figures will increase, surpassing $1.5 trillion in 2032 and $1.8 trillion in 2035.

8 hours ago, CallumWK said:

Thursday’s release of November’s Consumer Price Index (CPI) data showed inflation unexpectedly eased to an annual rise of 2.7% that month. But monthly comparisons — October data was never collected due to the government shutdown — were absent from the Labor Department’s report, leaving more recent price swings a bit of a mystery for dozens of product categories.

Economists treaded lightly following the report.

Heather Long, chief economist at the Navy Federal Credit Union, said in an email that Thursday’s report was “the data nerd equivalent of the ‘emperor has no clothes’ story.”

“It’s hard to take this data seriously. There was no data collection in October and limited collection in November,” Long said. “A key reason inflation cooled unexpectedly is a big easing in rent costs. That doesn’t match up with private sector data, and it doesn’t pass the 'sniff test' of reasonability.”

 

https://finance.yahoo.com/news/cpi-inflation-print-draws-caution-from-economists-its-hard-to-take-this-data-seriously-164227700.html

Good news upsets the left 

9 minutes ago, JonnyF said:

 

I prefer to look at figures rather than listen to opinions. 

 

Of course you prefer to look at the figures if they are the way you want them to be. If they are not the way you want them to be, then you will call them fake.

 

Just for your info, this is an opinion from a qualified economic expert. What are your qualifications in that field?

 

20 minutes ago, CallumWK said:

 

“It appears that BLS made a big judgment error in its shelter calculation (effectively assuming 0 in October), leading to inflation understated,” Harvard economist Jason Furman said in a post on X. “It is, however, very unlikely this error was political. If anything the opposite: they stuck to algorithm rather than using judgment.”

 

12 minutes ago, JonnyF said:

 

I prefer to look at figures rather than listen to opinions. 

Exactly. Lefties are 100% opinion 0% facts. How dare Hitler 2 lower inflation lol

2 minutes ago, CallumWK said:

 

Of course you prefer to look at the figures if they are the way you want them to be. If they are not the way you want them to be, then you will call them fake.

 

Just for your info, this is an opinion from a qualified economic expert. What are your qualifications in that field?

 

 

Economists are wrong 60% of the time. Data is always estimated then corrected later if need be. It is also a basket of goods and selective.

 

It is hilarious lower inflation upsets you so you go looking for a negative angle to bash Trump. A very sad retirement.

2 minutes ago, CallumWK said:

 

Of course you prefer to look at the figures if they are the way you want them to be. If they are not the way you want them to be, then you will call them fake.

 

Just for your info, this is an opinion from a qualified economic expert. What are your qualifications in that field?

 

 

 

I do have some history in economics but rather than form opinions I prefer to look at the CPI figures generated by the Bureau of Labor Statistics.

 

I realize you find these figures troubling though.

3 minutes ago, CallumWK said:

Of course you prefer to look at the figures if they are the way you want them to be. If they are not the way you want them to be, then you will call them fake.

Sorry, but your feelings do not trump facts and figures. This is the lefts problem, spitting the dummy when policy is anounced then having to eat crow when policy suceeds and proves them wrong again.

1 hour ago, spidermike007 said:

Yes I agree these numbers are completely ridiculous. I use real numbers which are food staples that I consume every time I go back to the US which is two to three times a year, and every single time without fail my staples have gone up 10%, so what does that compute to? 22% annual? 

 

Everyone is talking about the rising prices in the US and only the most affluent seem to be capable of ignoring it. Trump has not only not been able to do anything about the problem, he seems to have exacerbated the price rises with his stupid and ineffective tariffs. 

I thought the prices had gone down 200, 400 and 500% down as President Trump says every time he is on television?

 

It is a miracle 

Trump regime release massaged data!
Who would have thought. 

3 minutes ago, Hummin said:

I thought the prices had gone down 200, 400 and 500% down as President Trump says every time he is on television?

 

It is a miracle 

No, it is only prescription drugs that have come down by 1500%. I am a man who likes a discount, and that is one of the most extraordinary discounts I've ever heard about. 

 

Donnie is saving America! 

22 minutes ago, JonnyF said:

 

I prefer to look at figures rather than listen to opinions. 

Problem is trump's numbers are less than opinions: totally made up, not related to any fact.

45 minutes ago, JonnyF said:

It is certainly hard for leftists to accept that Trump's policies are having the desired effect.

Are all economists now leftists? Pull the other one.

2 minutes ago, Digitalbanana said:

Are all economists now leftists? Pull the other one.

You lefties love pulling. GDP ok. Inflation ok. Trump isnt Hitler 

Good to see Trump's policies having the positive effect we all knew they would have eventually.

GDP due 23/12

35 minutes ago, Harrisfan said:

Exactly. Lefties are 100% opinion 0% facts. How dare Hitler 2 lower inflation lol

Did he kill off millions to do it, and put the fear of his god into the populace to not do as he says.........?  🤫

 

I think Trump has the same ideas, except he can't kill off those he doesn't like, but will try and hit them in their pocket...........😪............Which he is doing to all ordinary folk, now......😬

31 minutes ago, Digitalbanana said:

Are all economists now leftists? Pull the other one.

 

I strongly suspect the ones quoted in the OP are.

 

Let them whinge. The CPI data is clear. If that upsets the afflicted, so be it.