14-09-2022, 06:35 AM
(14-09-2022, 06:34 AM)sgbuffett Wrote: It will not go down to 2% until next year ..the reason is CPI of 8% is compared with 12 months ago. Prices actually rose 0.1% month on month. Even if month on month inflation is 0% we will still get big numbers because it is compared with 12months ago.
The Fed will stop hiking rates once the month on month hits 0%.
This time th problem is with core inflation that rose 0.6% month on month when analyst expected 0.3%
Finally you got one correct after being wrong 4 days in a row. Congrats!
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