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re: US CPI comes in "hotter than expected"
Posted on 5/15/24 at 6:56 pm to molsusports
Posted on 5/15/24 at 6:56 pm to molsusports
quote:
Fed policy is also likely to be ineffective as long as both the executive and legislative branches continue their present course.
Add the consumer into that mix as well. Consumers are still deeply in debt and constantly creating more while draining their savings, all while real wages are falling behind.
1
Posted on 5/16/24 at 8:18 am to Bard
Add the consumer into that mix as well. Consumers are still deeply in debt and constantly creating more while draining their savings, all while real wages are falling behind.
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Consumer debt is trending the wrong way, but real wages has been holding up. I assume we are talking this year, not 2 years ago.
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Consumer debt is trending the wrong way, but real wages has been holding up. I assume we are talking this year, not 2 years ago.
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