The Fed still expects headline inflation to grow at 1.5% this year, while its expectations for core inflation, which excludes volatile food and energy prices, stayed at 1.8%.
In other words:
We are only going to STEAL 2% of the VALUE of your Money instead of the standard 5% that we normally STEAL from you
I plan to be still retired, but spending like mad on Personal Infrastructure and Capital Goods.
I’m certain that if it had fallen one-tenth of a point, from 2.1 to 2.0, the headline would still include the the word “slightly.”
The Fed has done it’s work well, slowing down Trump’s over-success.
Hey Fed,
I’ve upped my standards.
Up yours.
We’d have >3% growth if not for the bastards running the Fed
Ever notice that interest rate and inflation rate are so similar as to make COLA increase.es similar, but that your social security or govt retirement is only paid. On 1/3 the income you have when breaking even with pay raises.
Oh, no! Growth DECREASING and unemployment INCREASING! TRUMP’S FAULT!
-MSM headline