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GDP has been growing for multiple quarters, the unemployment rate is 3.6%, and wages have been outpacing inflation for a while, and we’re hitting under 3% CPI.
by ilikehurdles 3y ago
GDP has been growing for multiple quarters, the unemployment rate is 3.6%, and wages have been outpacing inflation for a while, and we’re hitting under 3% CPI. Core monthly CPI is at the lowest level since Feb 2021. While the other comment about “transitory” may have been sarcasm, it’s looking like the fed was right and inflation is coming under control.
Where’s the hard landing? Where’s @jack’s hyperinflation? When will doomers stop being easy marks?