Compared to December, the CPI rose 0.5%, the most in three months, mostly due to the higher cost of shelter, food, gasoline, and natural gas.
And you think inflation is dropping?
Also, if you look at the annual inflation rate, well;
2014 - 0.8% (!)
2015 - 0.7 (!)
2016 - 2.1
2017 - 2.1
2018 - 1.9
2019 - 2.3%
2020 - 1.4% (!)
2021 - 7%
2022 - 6.5%
2023 (so far) - 6.4%
So, this means the FED will raise rates, by a lot. Because they cannot keep a 6.4% inflation rate going. And we have not had a business climate with inflation this hiugh for years. You can pretend like things are fine, but they are not.
Compared to December, the CPI rose 0.5%, the most in three months, mostly due to the higher cost of shelter, food, gasoline, and natural gas.
And you think inflation is dropping?
Also, if you look at the annual inflation rate, well;
2014 - 0.8% (!)
2015 - 0.7 (!)
2016 - 2.1
2017 - 2.1
2018 - 1.9
2019 - 2.3%
2020 - 1.4% (!)
2021 - 7%
2022 - 6.5%
2023 (so far) - 6.4%
So, this means the FED will raise rates, by a lot. Because they cannot keep a 6.4% inflation rate going. And we have not had a business climate with inflation this hiugh for years. You can pretend like things are fine, but they are not.