Economists think one key inflation measure is headed back to a 40-year high, much to the chagrin of the Fed

It's the same entity that printed the money and raised the rates.




We knew for years the inflation would happen. Well, a few did. I really don't know what to think about the rest. Off with their heads.

For years? Odd that it waited for Biden to put the printing presses in overdrive
 
Even with increasing interest rates, we just can't seem to shake these skyrocketing inflation stats!

  • Economists expect core inflation — which removes food and energy costs — to rebound in September.
  • The median forecast sees the one-year rate rising to 6.5%, matching the 40-year high seen in March.
  • An increase would make it even harder for the Fed to fight inflation without pulling the US into a recession.



What inflation? I thought Biden said inflation was zero.
 
I never understood why people treat a bit of recession like the plague anyway.
/----/ Pretend, for a moment, that a Republican is in the White House and inflation crept up from 1 1/2% to 2% - then the anger would swell up inside you like a volcano.
 

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