Post by
Marty47 on Apr 10, 2024 8:35am
Cpi up …..oil bring inflation up
The idea that January and February maybe were an aberration is now gone. This is a third straight month of too-high inflation, and it’s going to surely question whether Fed policymakers are really heading for three rate cuts this year.
Comment by
Torontojay on Apr 10, 2024 10:35am
Inflation bottomed in June of last year at 3%. Let that sink in. Higher oil prices could take the inflation rate much higher and the Fed will have his hands tied.