Journal Editorial Report: Founder Sam Bankman-Fried was the party's biggest donor behind George Soros. Image: Dado Ruvic/ReutersFinally, we seem to be getting some good inflation news. The market’s euphoria on Nov. 10, when the October consumer-price index came in below expectations, was undoubtedly excessive. But don’t let that obscure the good news, which was about more than one month.
The annualized CPI inflation rate over the past four months is now merely 2.8%. Over the four months before that, it was 12.2%. Four months is better than one, though still far too short to declare a trend. No one should think inflation has fallen durably by more than 9 percentage points. A more realistic indicator may be the 12-month inflation rate, which stands at 7.7% vs. 9.1% four months ago. It’s progress.
opinion Theyll wait till after chritmas to drop the other boot...they want that holiday money first...the taper tantrum is coming...as it always does... this one although delayed should proove to be quite severe...we'll see....
opinion Fed has good reason for a lower interest rate + 😂 Inflation came down equivalent to a 1/4💧 was like due to saving 4 Christmas Cohencidence the Biden Admin was throwing a fit about another high interest rate increase they know they can lie through inflation not a economy in 🚽
opinion Wrong. Bad economics.
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