4 ms·
Reporting is always shit, you can't really trust the journalist or the editor that put the title to give you an accurate picture Both are true, too Inflation
by mughinn 4y ago
Reporting is always shit, you can't really trust the journalist or the editor that put the title to give you an accurate picture
Both are true, too
Inflation cooled, because Year over year in January is 6.4%, while in December it was 6.5% and in November it was 7.1%. So it has a downward trend
Inflation was 0.5% month over month in January, which was higher than the market expected 0.4%
The overall story is that inflation seems to be slowing down, but the market seems to think that the slowdown will happen quicker than it actually is, possibly making the Fed raise rates