The inflation forecast for March Just Shot Up

[gab13by13]

February was 2.4, new projections for March are 3.16.

Poor Krasnov, no Fed interest rate cuts is pretty much certain.

I am interested to see the 1st quarter GDP, the last quarter was a pitiful 0.7% Isn't consumer spending 70% of GDP? Just asking.

Meanwhile our deficit is over 39 trillion dollars and the bastards on cable news have the nerve to call Republicans, conservatives.

[chicoescuela]

1. Stagflation sir, with tears in their eyes.

[Wounded Bear]

2. Yep. Stagflation on the way...

and I just got my notice for my rent increase this year.

[chicoescuela]

3. It's ok, I didn't want to retire before death anyway.

[Wounded Bear]

4. I am retired. You know, fixed income...nt

[chicoescuela]

5. Exactly my point

[ProfessorGAC]

6. It's Why They Resisted Cuts

Even when the number was low, they either had reason to suspect the legitimacy of those numbers or they had reason to believe the conditions weren't sustainable.
The entire Fed board of governors is not made up of idiots. There are always some, if not all, of board members who actually know how to examine economic data.