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re: US CPI comes in "hotter than expected"

Posted on 5/15/24 at 9:38 am to
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17107 posts
Posted on 5/15/24 at 9:38 am to
quote:

"hotter than expected"

By whom? The average person can tell you this shite is flaming.
Posted by slackster
Houston
Member since Mar 2009
85236 posts
Posted on 5/15/24 at 7:10 pm to
quote:

By whom? The average person can tell you this shite is flaming.


The average person doesn’t understand rate of change one bit.

Saying prices are at all time highs today is true. They were at all time highs under Trump too. And Obama before him.

The rate of change is what the Fed targets, and that has objectively gotten much better in the past two years.
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