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> Inflation has been tame over the past six months. No, I don’t think so. 6.5% [0] is still an absurdly high rate compared to the past 30 years. It is nowhere
by prepend 4y ago
> Inflation has been tame over the past six months.
No, I don’t think so. 6.5% [0] is still an absurdly high rate compared to the past 30 years. It is nowhere near tame and may still fluctuate quite a bit.
[0] https://tradingeconomics.com/united-states/inflation-cpi https://tradingeconomics.com/united-states/inflation-cpi
- jlmorton 4y agoThat is the trailing twelve months rate, and inflation was very high in the first six months of the trailing twelve months. Core inflation actually fell last month [1], and the producer price index has been very low the past several months [2] [1] https://tradingeconomics.com/united-states/core-pce-price-index-mom https://tradingeconomics.com/united-states/core-pce-price-in... [2] https://tradingeconomics.com/united-states/core-producer-prices-mom https://tradingeconomics.com/united-states/core-producer-pri...
- idontpost 4y ago[dead]
- sekai 4y agoIt's been trending down for the past 6 months, and markets are always future focused. Inflation is non-issue anymore
- prepend 4y agoTrending down, but still high and high for the foreseeable future. It’s not a non-issue to people trying to buy things.