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XO WSJ: Inflation dissipating, Powell proven wrong, rate cuts NOW
| MAGA Farm Animals Reeking of Trump Cologne | 09/11/25 |
| charles XII | 09/11/25 |
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Date: September 11th, 2025 7:08 PM Author: MAGA Farm Animals Reeking of Trump Cologne Sorry, Inflation Still Lives Consumer prices in August show a Fed rate cut isn’t an easy call.
Our friends on Wall Street and in Washington keep saying that inflation is vanquished as they hope—plead—for lower interest rates. Yet the economic data aren’t bearing out their optimism, as the Labor Department’s consumer price report for August revealed on Thursday.
Consumer prices climbed 0.4% in August and 2.9% over the past year, both the most since January. Price increases last month were broad-based, hitting food consumed at home (0.6%), alcohol (0.6%), children’s shoes (1.5%), clothing (0.5%), new cars (0.3%), used cars (1.0%), housing (0.4%), hotels (2.6%), vehicle repair (5.0%), air fares (5.9%) and more.
https://www.wsj.com/opinion/inflation-consumer-price-index-u-s-economy-tariffs-federal-reserve-rate-cuts-8289d9b5 |
Date: September 11th, 2025 7:10 PM Author: charles XII Why would we get the 1-2% inflation of ITE unless we were in or coming out of a recession? Somehow getting it under 2% seems difficult without “breaking” something. It’s like trying to cut to 5% body fat or something. JMO.
Also 2021 inflation was 7% and they did NOTHING about it for an ENTIRE YEAR iirc |