Someone has to say it..... does this mean Trump's policies might actually be working? Does this mean all the doom and gloom of Trump destroying the economy might be wrong? I am not saying it is but I mean numbers dont lie....
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Someone has to say it..... does this mean Trump's policies might actually be working? Does this mean all the doom and gloom of Trump destroying the economy might be wrong? I am not saying it is but I mean numbers dont lie....
The numbers can lie when political pressure is exerted on the people making them.
Taking this one at face value, though, we’re still in a state of abnormally high price inflation and Trump is going all out to get rates cut further.
The economy hasn’t cratered but I’d characterize it as limping along.
Oh for sure but at the same time the Federal Reserve uses this data to justify there actions. While not all prices have fallen we have seen a number of categories like groceries, gas prices, etc. that have fallen.
Others like electricity those are a consequence of the US just thinking growth wasnt going to pick up. Then we tried to rapidly electrify things and push EVs and those alone were going to drive up the price. Now we have data centers taking the brunt even though we are over looking the fact that by bringing manufacturing and other industries back to the US we were going to drive up our electricity prices.
The biggest economic win will probably be when we start seeing the products of expanded resource development.
I know they’ve taken steps in that direction, but obviously that’s not an instantaneous outcome.
I trust this government data as much as I trust the CCP
Since the Federal Reserve is the one who uses it to justify their decisions its the only reason why I care.
Do you want a rate cut?
Yeah I think we should be able to cut a couple more times. The economy hasnt blown up labor is doing meh... I think we could get it down to 3%.