Have you had a 4% raise?
Un freaking real,this only occurs when you have isolated GOVERNMENT employees (who never worry about getting paid) crunching B.S. data ....they attribute their application of new math by stating “energy” prices decreased. So hey it’s all good again. I LOATHE my federal government to no end. Self serving / self perpetuating scum.
Can someone please tell the grocery stores and gas stations that inflation is over???
Whadda bunch of useless morons...
To decrease the impact of inflation, look at CD’s, the market or high yield savings.
From what I read here inflation should not go away in just a few months after printing so much money and the fed buying the bonds. We could be in for some rough times, so police up that gear adrift and stand by for heavy rolls.
Inflation in the United States
https://imprimis.hillsdale.edu/inflation-united-states/
The “Gimmees” now include major corporations. It’s over.
Remember:
We make our money the old fashioned way, we earn it.
Wall Street can crap in one hand & wish in the other & see which hand fills up first.
The bankers have paused their rate hikes this month but will likely raise before the end of 2023.
It might take a couple of more “kick to the balls” before cheap money advocates realize that the cheap money era is ending & indefinite cheap money causes a lot of economic distortion.
Namely, a plethora of capital inflows to non producing enterprises.
My AMD stock rose from $81 to $127.03 from May 2, 2023 in 19 days. It fell for about 2 weeks but is now at $127.33
The FED did not raise rates this time but may on July 25 to 26.