Inflation is back

[Mick]

Key US inflation measure surges at fastest rate since June | AP News

I think Jay Powell will need to ramp up the Fed rate by 300 basis points to stem the inflationary tide.

[Legend]

It never really left, we just have data that is manipulated around milestones like elections and state of the union addresses.

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Sic transit gloria mundi (so shut up and get back to work)

[Beeg_Dawg]

Mick, I think it will be at least 30 points next time the Fed meets.  Based on the market in the last couple of days, investors might be thinking it will be more than that.

Inflation is not slowing, a fact that everyone but this administration grasps.  If the Republicans have a plan to fight inflation, they are keeping it well under wraps.

https://www.axios.com/newsletters/axios-macro-99f5b061-76e8-414d-a520-ffb6c8b4e46f.html?stream=business

It’s hard to accept the obvious sloppiness, incestuousness, and group-think  afflicting mainstream media coverage of world events.  Media is in the bag for Libs.  I don’t believe anyone can honestly say otherwise, especially in the realm of foreign, domestic and monetary policy and national security.

I just shake my head…..

 

 

 

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