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Inflation in Food Items Expected to Be Transitory; Global Uncertainty and Domestic Disruptions May Keep It Elevated, Says Finance Ministry

Though food inflation in July is perhaps the third highest since the new CPI series began in 2014, only 48 per cent of food items have inflation of above 6 per cent, and this includes 14 food items with inflation in double digits. Inflation in Food Items Expected to Be Transitory; Global Uncertainty and Domestic Disruptions May Keep It Elevated, Says Finance Ministry.

Inflation Has Peaked—Get Ready for Deflation

Transcripts for FOXNEWS Hannity 20240604 01:02:00

panic. first republic bank, $100 billion was wiped out in one single day at the very core of all of this banking crisis is joe biden s record setting 40 year plus high of inflation. caused by his multitrillion dollars spending spree, and remember biden inherited a very low inflation rate of 1.4% and horrible economic, drove ingress to one record high to another, after another. 40 year record highs. has been anything but transitory followed by 1700% increase in the rate increases in terms of the fed, the first financial institution to fail, the silicon valley bank saw massive holdings in u.s. treasuries and mortgage securities hit hard by the fed s aggressive interest rate hikes caused by biden inflation which remains unfort

Transcripts for FOXNEWS Hannity 20240604 07:19:00

and now you re alwayst distrustful. and that s not a bada ba perspective to have. face it,d perspect the media ise less trusted than andrew cuomo at a nursing homw ae. fo they ve been forcing deep fakes on us for decades. the tape with trump hunter s laptop isn t real rusticate. the popularity of maroone pee tf the food pyramid. bideivn running for president , ellen degeneres being friendly, transitory, inflation. e doocy steve deuce s thigh curlth,ybe e record all lies. so maybe w se shouldn t believea our eyes and earnys anymore or t all. for example, here are some deepi fakes that i can t tell are real or fake. hello, i m brian kilmeade.bra everything greg says about me is true. i m awkward, smelly and my books are terrible.i like i carry a backpack because i like to pretend i m a highscho school freshman.ol all of my friend sol of my friends only pretend to like me because they feel sorry for me. my only wish is that i could be more like greg gutfeld . wow, that sounded pretty a

Transcripts for CNN CNN This Morning 20240604 11:19:00

we ll look closely to see if those numbers are improved for january. the first reading at the beginning of the year. last year the word we were all talking about was transitory. that s what every white house reporter was asking biden every single day. is it transitory. this year you say it s a different word that people should be paying attention to. super core is the new cool inflation word. transitory was wrong. everyone got that wrong. so now you have economists who are really digging into these numbers. they re stripping out housing and they re looking at services food, fuel and housing for a core, a super core reading of inflation and hoping that s starting to go down more and can give us a clue that the worst of inflation is behind us. but the former treasury secretary and others said we can t get too sang win on the inflation story. it can be hard to get inflation out of the economy and can be damaging. these numbers are critically important for what the fed does and also, o

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