He is close to being right (as much as I hate to admit it) . Last month inflation was only 0.2%. It’s 2.7% overall annually though. www.cnbc.com/amp/2025/07/...
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jul 16, 2025, 7:30 pm • 0 0 • view
He is not right. The measure is always reported annually. The Fed’s target (as is the case for almost all respectable central banks around the world), is 2%, annual. 2.7% is considerably higher, given that many tariffs are on the pause, and companies stull benefit from their pre-tariff inventory.
jul 16, 2025, 7:31 pm • 6 0 • view