US Inflation NumbersNumbers are down but when we hit 6% that's when it gets harder to shed % and right now we are just taking the froth off so the FED will have to keep pressure on it if they expect to be at 2% 2024 and 2023 is when they are predicting we'll be in a deep global recession so now we wait for the FED tomorrow to see if they go with .50% or .75% I feel that they need to do .75% you can't let off the gas just yet. If the FED does wrong by overdoing Rate Hikes the US could be heading towards another crisis Deflation and that would prolong the recession for another year. But today is a welcome sight seeing SP higher along with Oil. Always remember that it takes as long to get out of trouble as it does to get into it.
US Core Inflation US Inflation