Inflation cooled but prices hikes still exist

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ease off
Prices hikes eased off less than expected in January.
kezdjen tanulni
(phrasal verb) = let up, become less strong
steepest
steep - steeper
Prices hikes let up still offered a hint of relief for Americans who have suffered through some of the steepest prices hikes in four decades.
kezdjen tanulni
(adj) rising or falling quickly, not gradually
That marks a step back
CPI showed prices rose by 3.1% for 12 months ended in Jan, that marks a step back from December’s 3.4% rate and dramatic cooling from 6.4% increase seen in Jan/2023.
kezdjen tanulni
đánh một dấu hiệu giảm
stubbornly
CPI rose by 0.3% in Jan, with stubbornly high shelter costs accounting for two-thirds of the gain, according to the BLS
kezdjen tanulni
(adv) một cách bướng bỉnh
tumble
Tuesday’s CPI report showed that used car prices fell as expected in Jan, tumbling 3.4% on a monthly basis
kezdjen tanulni
(verb) = decline, fall, drop
a ratchet effect
there’s also a ratchet effect: Once prices go up for that hair cut or vet visit, they don’t typically move back down.
kezdjen tanulni
(noun) hiệu ứng nhảy cóc/gia tăng
vet visit
a ratchet effect: once prices go up for vet visit, they don’t typically move back down.
kezdjen tanulni
(noun) đến thăm bác sỹ thú y
capture the data
The CPI’s measurement of shelter costs does come with a delay from timing in how BLS captures the data.
kezdjen tanulni
(verb + noun): thu thập dữ liệu
implicit
the way that BLS captured the data is largely by measuring rental leases as well as the implicit rental value of owner-occupied properties.
kezdjen tanulni
(adj) suggested without being directly expressed.
feel a whole heck of a lot better
Americans’ wage gains are outpacing the inflation, and people are feeling a whole heck of a lot better than they were about the economy.
kezdjen tanulni
(n) feel more pleasure than

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