It dipped to 8.3% in April, only a slight drop from the 40-year high of 8.5% in March.
What really matters is the number ahead the point 3 or the point 5. We're talking about US inflation running at 8%... It's worth reminding ourselves what that inflation environment means for capital markets, asset prices, real estate, and in that mix also interest rates, which have been off the table for a long time.
I'm not sure that the US Fed have yet taken raising interest rates seriously. Two useful economic models ... point to an interest rate of 7% or 8% in the US. We are so far away from that...
Source: News Formal (newsformal.com)
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It's the Dollar effect. We need to get rid of the Dollar.
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Miss Trump yet?
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