In before the correction.
Oh Good
MarketWatch, the house organ of the DNC
Where Communists masquerade as capitalists
Charming
The third quarter will always have lower inflation. SS COLA is figured on July, August, and September (next month Sept will be low too, guaranteed)
Lib media will spin this as a decrease in prices.
The official government statistics, or your own lying eyes when you pay for groceries, utilities, taxes, insurance, gasoline, medical bills, clothing, or repairs to anything.
General prices for everything have been rising at a much higher rate than claimed by the official statistics. That is what inflation does. Government causes inflation by debasing the currency to fund excessive spending.
Lowering interest rates is a gimmick to juice the economy before the coming election. It will loot people with savings to the benefit of a small group of people who can get the privileged rates on new loans.
Inflation continues.
John Williams who used to compile inflation statistics for 30 years states in his website, whatever they say it is- ADD 8 percent. He has documented for years items pulled when they get to high.
Our government is lying to us, now in every, single sector….the first major Inflation number Jerry rigging started during Nobamas reign.
How to handle a government that spews lies all day long? Tar, feathers, more?
So when do wages catch up?
markets have stepped away from hopes of a 1/2 point cut due to CPI. 1/4 more likely.
I’d like to introduce these dipshits to the statistics in my wallet. You can make the data say anything you want if you torture it long and hard enough.