Inflation Cools Ahead of Fed Meeting

H

Hume

Verified User
Just hours before the release of the Federal Reserve’s latest rate decision, fresh inflation data showed that price increases slowed notably in May.

The new report is a sign that inflation is cooling again after proving sticky early in 2024, and it could help to inform Fed officials as they set out a future path for interest rates. Policymakers had embraced a rapid slowdown in price increases in 2023, but have turned more cautious after inflation progress stalled early this year. The latest data could help to restore their conviction that inflation is in the process of returning to the central bank’s goal.

www.nytimes.com

Fed Keeps Rates Steady and Forecasts Only One Cut This Year

The Federal Reserve left interest rates unchanged on Wednesday and signaled one cut in 2024, with more to come in 2025. Earlier, inflation data for May came in cooler than expected.
www.nytimes.com www.nytimes.com
 
Hume said:
Just hours before the release of the Federal Reserve’s latest rate decision, fresh inflation data showed that price increases slowed notably in May.

The new report is a sign that inflation is cooling again after proving sticky early in 2024, and it could help to inform Fed officials as they set out a future path for interest rates. Policymakers had embraced a rapid slowdown in price increases in 2023, but have turned more cautious after inflation progress stalled early this year. The latest data could help to restore their conviction that inflation is in the process of returning to the central bank’s goal.

www.nytimes.com

Fed Keeps Rates Steady and Forecasts Only One Cut This Year

The Federal Reserve left interest rates unchanged on Wednesday and signaled one cut in 2024, with more to come in 2025. Earlier, inflation data for May came in cooler than expected.
www.nytimes.com www.nytimes.com
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The NY Times? Really? Leftist propaganda rag. If they report the shy is blue seek independent verification
 
TOP said:
Inflation hasn't cooled
...
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Inflation is one of those things that is impossible to hide. It has clearly cooled. You can argue that it has not cooled enough... But your current argument is just a lie.
 
Walt said:
Inflation is one of those things that is impossible to hide. It has clearly cooled. You can argue that it has not cooled enough... But your current argument is just a lie.
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Well obviously it hasn't cooled enough for many people to live comfortably... As i've said many times before statistics don't pay bills...
 
TOP said:
Well obviously it hasn't cooled enough for many people to live comfortably... As i've said many times before statistics don't pay bills...
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The Great Depression had deflation (the opposite of inflation), and few people were living comfortably through that.
 
Walt said:
The Great Depression had deflation (the opposite of inflation), and few people were living comfortably through that.
Click to expand...
that was from the banking system trying to destroy the American nation.

but they had not sufficiently broken our connectons to the natural world, so it didn't work.

now they've centralized control of the supply chain, and are imposing green austerity to mass murder people.
:truestory:
 
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