[meyer]

In other news, the Fed has failed to see progress on inflation. Meaning that the interest rates won’t be coming down soon...

https://www.cnbc.com/2024/04/16/powell-cites-lack-of-progress-this-year-in-reaching-feds-inflation-goal.html

[rodguy911]

Maybe this is why:

Summers: Inflation Reached 18% In 2022 Using The Government’s Previous Formula

https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022-using-the-governments-previous-formula/?sh=7dc155b20929

Real interest rates are now coming out and one of the lefts grandest leaders is leading the way to telling the truth in this 40 page expose of what is really going on inflation wise.

Here's Summers: