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re: CPI comes in hotter than expected, futures down 1%+

Posted on 4/10/24 at 7:41 am to
Posted by Hayekian serf
GA
Member since Dec 2020
2598 posts
Posted on 4/10/24 at 7:41 am to
Anyone who thought inflation was going to get back to “normal” is nuts. Nothing indicated this.

Posted by slackster
Houston
Member since Mar 2009
85136 posts
Posted on 4/10/24 at 7:43 am to
quote:

Anyone who thought inflation was going to get back to “normal” is nuts. Nothing indicated this.


It will when you get an actual slowdown in the economy. The inconvenient truth for everyone is that we need a little pain to get inflation under control and we just haven’t had pain.
Posted by kaaj24
Dallas
Member since Jan 2010
621 posts
Posted on 4/10/24 at 7:49 am to
Not shocking. I think any person buying good and services in the real world knew that inflation is still lingering. Getting better than what it was before 1 year ago but still a problem.
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