Similar Stories to Cpi Number Reported Intentionally Incorrect? on Bing News

Remember the market's "cheering" of the "-0.1%" CPI-U reading (core) yesterday? There's a problem - it was wrong. Look at the highlighted numbers. Let's multiply them up. (5.966 x 0) + (.769 x -2.1) + (25.206 x -0.1) + (.347 x 0.4) / 32.288 = -0.12%, or -0.1%. But it was reported as -0.5% in the line directly above (inverted tone.) Oops.

Topics:  -0.1%   oops   core   bls   number reported   reading   
BING NEWS:
  • Capitec Bank Holdings Ltd.
    Market Cap is calculated by multiplying the number of shares outstanding by the ... Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and ...
    05/20/2024 - 1:01 pm | View Link
  • International Criminal Court Prosecutor Requests Warrants for Netanyahu and Hamas Leaders
    While the request must be approved by the court’s judges, the announcement is a harsh rebuke of Prime Minister Benjamin Netanyahu of Israel and his war strategy in Gaza.
    05/20/2024 - 11:38 am | View Link
  • Inflation isn’t a bug in the system, it’s a feature
    By using inflated dollars to pay its debt, the government is failing to honor its financial obligations. It is defaulting on those obligations and cheating the institutions and individuals who ...
    05/19/2024 - 1:39 am | View Link
  • There Will Be Great Opportunities To Buy This Market, But Not Right Now
    Michael Kramer, who runs Mott Capital Management, discusses the divergences between equity and bond markets; US dollar, interest rates and inflation.
    05/15/2024 - 6:00 am | View Link
  • Retail Earnings And Latest Inflation Data From The CPI
    According to FactSet, with 92% of the S&P 500 having reported, earnings for the first ... This quarter that number has jumped to 2.8%. Companies that outperform are seeing a 0.9% increase in ...
    05/13/2024 - 12:41 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News