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> - US inflation has continued to slow at 2.7% with core inflation at 2.6%, continuing the trend from the last 2 years under Biden after a huge 9.1% inflation s
by matwood 9mo ago
> - US inflation has continued to slow at 2.7% with core inflation at 2.6%, continuing the trend from the last 2 years under Biden after a huge 9.1% inflation spike in 2022.
Because of the missing data from the shutdown, most financial people are putting the last inflation print closer to 3% which means it's continuing to rise.
Bringing up Biden is funny since that's so far in the rear view at this point. You going to also talk about how much stimulus Trump dropped into the economy during COVID? Regardless, Biden was POTUS when inflation spiked and was killed almost as fast as it went up. It was on a nice glide path back to target until Trump through a tariff grenade into the mix.