4 ms·
CORE Inflation is more important. Compared to December, the CPI rose 0.5%, the most in three months, mostly due to the higher cost of shelter, food, gasoline,
by FollowingTheDao 4y ago
CORE Inflation is more important.
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.
- lotsofpulp 4y agoYou should put some money on your predictions, you stand to earn a ton as everyone else is thinking only a 0.25% increase is in the cards right now. https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.cmegroup.com/markets/interest-rates/cme-fedwatch...
- dom96 4y agoHow do you put money on such a prediction?
- lotsofpulp 4y agoTrading futures options. https://finance.yahoo.com/quote/ZQ%3DF/futures/ https://finance.yahoo.com/quote/ZQ%3DF/futures/ https://www.cmegroup.com/markets/interest-rates/stirs/30-day-federal-fund.html https://www.cmegroup.com/markets/interest-rates/stirs/30-day... https://www.nasdaq.com/articles/you-can-trade-options-and-futures-on-the-fed-funds-rate-2021-06-17 https://www.nasdaq.com/articles/you-can-trade-options-and-fu...