who ever wrote this article is a total moron. Unexpectedly? noo.
14 years of Conservative government has left the BBC senior ranks full of Tory placeholders and shills.
That’s unfortunate, BBC misspelled “predictably.”
it misspelled “more than expected”
don’t only read headlines
Don’t tell me what to do
Is this the same people who couldn’t think Brexit was bad for their economy?
Who could have expected this
This is the top comment on my screen and it’s perfect.
Love this
Then those interviewed and writing this article are idiots. 2024 article.
Yet most mainstream economists say Trump’s policy proposals wouldn’t vanquish inflation. They’d make it worse. They warn that his plans to impose huge tariffs on imported goods, deport millions of migrant workers and demand a voice in the Federal Reserve’s interest rate policies would likely send prices surging.
Sixteen Nobel Prize-winning economists signed a letter in June expressing fear that Trump’s proposals would “reignite’’ inflation, which has plummeted since peaking at 9.1% in 2022 and is nearly back to the Fed’s 2% target.
The Nobel economists noted that they aren’t alone in sounding the alarm.
Trump’s fine with that as far as his gold reserves are going to skyrocket in value. That’s maybe one of the reasons why he wants these tariffs so bad in the first place.
(Get precious metals asap, btw.)
The only thing unexpected here is the bad headline. Simply using the first sentence would be more accurate and meaningful
Unexpectedly?
Even the Spanish Inquisition was blindsided by this.
This US INFLATION ‘increase’ is about the smallest possible;
the headline is at best misleading and sensationalism at worst.
’ UNEXPECTEDLY INCREASES’ should say ‘inched from 2.9% to 3%, which happens routinely at the beginning of every year’.
0.1% is the smallest unit it can go up by.
This is literally a nothing burger
I agree that it’s probably a sensational article. No matter what the numbers actually are - it’s too early to draw a line to Trumps policy decisions.
It’s cherry picking, but I’ll point out the 15% increase in the cost of eggs due to Avian flu. I mean, if we blamed Biden for inflation over the last several years then we can place this at Trump’s door step surely?
In any case, I look forward to seeing the MAGA-splaining in the coming months.
Is it too early? Considering that a substantial portion of our imported goods originate from a country subject to a 10% tariff, wouldn’t this policy inevitably lead to significant price increases for those products?
That article is carrying a lot of water for the Trump administration. Nobody knows why prices are going up!
That article is carrying a lot of water for the Trump administration
Just admit you only read the Headline.
No, I read the article.
Import tariffs are explicitly inflationary. Even the rhumor of them is arguably inflationary. Lowering the interest rate (which Trump is currently in the midst of bullying the Fed chair into doing ) is also explicitly inflationary.
All of the things he has done that actually pertain to inflation have been to increase it.
Yeah, which is why this is a bad article from the BBC. The headline should be, Trump Causes Inflation.
There’s nothing unexpected about it. Have they not been paying fucking attention to what the Orange Jackass had been doing to is?
It’s probably the BBC’s attempt not to get sued ;)
“unexpected”
“unexpectedly”. yep nobody anywhere ever saw it coming. idjits
Unexpectedly??? WT actual F???
wait, printing multiple trillions of dollars causes inflation?! :pikachu:
Unexpectedly? LMAO
