Inflation slowed in April to lowest rate since 2021

The Hill ^ | 05/10/2023 | TOBIAS BURNS

[griswold3]

Try explaining compound Inflation rates....
The US budget deficit hit a staggering $1.1 trillion for the first half of 2023 (finance.yahoo.com 4/21/23)

[griswold3]

Agriculture input costs are at the highest I’ve seen.

[ConservativeInPA]

Agriculture input costs are at the highest I’ve seen.

And agricultural commodity futures continue to increase. Emphasis on ‘futures’. The prices of futures contracts converge to the spot market price on the expiration date of the contracts.

[mund1011]

Once again we are being gaslighted. Even if inflation drops to the holy grail of 2% that doesn’t change the fact that the last 30 months have happened. Bringing inflation back to 2%, is simply just relative to the prices that have already skyrocketed. We are being lied to. EVERYDAY. NONSTOP.

[Vaduz]

Projected annual inflation to hold steady at a 5 percent.

[ConservativeInPA]

Most Americans are economic mental midgets and suffer severe innumeracy.

[adorno]

Try explaining compound Inflation rates....

I did that in my post.

The budget deficit is an extraneous subject, though related to why we have inflation.

[dead]

Yeah! It’s back!

[slapshot]

Kind of like saying George Conway or Michael Moore gained only 2 lb. vs the usual 5 lbs. per month

[SaveFerris]

Woohoo!!