Inflation cools..

[TBLee]

More good news! It just keep coming…
Lowest annual inflation since 2021

US inflation cools again, potentially paving way for Fed to cut interest rates soon

Consumer prices in the United States are believed to have edged up just 0.1% from May to June in data the government will release Thursday morning.

apnews.com

 

[sensible don]

So these numbers under Emperor Trump are fantastic but yet the same kind of numbers under Biden were horrible - yes ?

Super elite hypocritical trumpettes indeed

 

[sensible don]

Grocery prices ticked up by a slight 0.1% last month, the first increase in five months, and are just 1.1% higher than a year ago. Food prices are still up, on average, 21% from March 2021, when inflation started to surge, although Americans’ average wages have also risen sharply since then.

 

[TBLee]

So these numbers under Emperor Trump are fantastic but yet the same kind of numbers under Biden were horrible - yes ?

Super elite hypocritical trumpettes indeed

“It was the first monthly decline in overall inflation since May 2020”.

 

[TBLee]

Grocery prices ticked up by a slight 0.1% last month, the first increase in five months, and are just 1.1% higher than a year ago. Food prices are still up, on average, 21% from March 2021, when inflation started to surge, although Americans’ average wages have also risen sharply since then.

Nothing I have said is inaccurate. By the way I do appreciate the bumps of the thread I started.

 

[TBLee]

Rate-Cut Hopes Still Alive After Inflation Cools

Cooler-than-expected inflation data has made it a little more likely that the Federal Reserve will be able to cut interest rates sometime this year, according to a gauge measuring investors' expectations. Traders are now pricing in a 36% chance that the central bank slashes borrowing costs in July,

www.barrons.com

 

[Zam-Zam]

More good news! It just keep coming…
Lowest annual inflation since 2021

US inflation cools again, potentially paving way for Fed to cut interest rates soon

Consumer prices in the United States are believed to have edged up just 0.1% from May to June in data the government will release Thursday morning.

apnews.com

That doesn't fit the preferred narrative.

It must be dismissed out of hand and ignored.

 

[TBLee]

That doesn't fit the preferred narrative.

It must be dismissed out of hand and ignored.

And as you can see, the attempt was made to do so. And it failed.

 

[Raoul_Luke]

Yes, obviously I was right and the fed was wrong about their ability to cut rates along with the rest of the world to bolster confidence in the markets. Seriously, what do we need them for if a casual observer knows more about their business than they do?

 

[Dawg]

Grocery prices ticked up by a slight 0.1% last month, the first increase in five months, and are just 1.1% higher than a year ago. Food prices are still up, on average, 21% from March 2021, when inflation started to surge, although Americans’ average wages have also risen sharply since then.

Eh
Grocery Prices See Biggest Drop In 5 Years As Trump’s Policies Take Effect