Comment on Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates
yggstyle@lemmy.world 3 months ago
The AP clearly has no idea how to read charts or infer data. The rate cuts aren’t coming. CPI is still over or target rate of 2% YoY… and we are down a massive (checks notes) .1% from 3% after they mutilated the calculations to get the 3%
It’s not moving. Sticky inflation. Stagnant. Stag-flation if you prefer.