Food costs are up over 21% since Biden's term began, but non-supervisory wages are up only 18%...
Poster Comment:
So what happens to interest rates and to interest rates and the dollar?
Inflation Hot: Consumer Prices Hit New Record High, Up 19% Since 'Bidenomics' Began
| Source: | https://www.zerohedge.com/markets/inflation-hot-consumer-prices-hit-new-record-high-19-bidenomics-began |
| Published: | Mar 12, 2024 |
| Author: | Tyler Durden |
| Post Date: | 2024-03-12 11:18:17 by Horse |
| Views: | 196 |
#1: Horse To: All (#0)
"That Is Not The Direction The Fed Wants To See": Wall Street Reacts To The Hot CPI Print
“Inflation has started to move sideways and remains well above the Fed’s 2% inflation target. This means the Fed will keep rates higher for longer.”
Horse posted on 2024-03-12 11:19:46 Reply Private Reply