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Surging Prices and Interest Rates: What it Means for You #BureauofLaborStatistics #ConsumerPriceIndex #federalreserve #inflation #InterestRates

Surging Prices and Interest Rates: What it Means for You #BureauofLaborStatistics #ConsumerPriceIndex #federalreserve #inflation #InterestRates

Surging Prices and Interest Rates: What it Means for You #BureauofLaborStatistics #ConsumerPriceIndex #federalreserve #inflation #InterestRates

BREAKING: March CPI inflation rate RISES to 3.5%, above expectations of 3.4%. Our #EyesOpen24 plan continues to proceed accordingly. Core #CPI #inflation was 3.8%, ABOVE expectations of 3.7%. Reminder That’s ex food and energy too. This is the 36th consecutive month with inflation above 3% and second straight monthly #increase. Interest Rate cuts less likely. Let’s be honest anyone who believes government data and inflation at 3.5% doesn’t buy their own groceries. It's an election year too. Heck of a job there Brownie -TSoprano #income #taxes #rates #erosion #jobs #govt #fugazy #fed #plan #data #economy #election #cycle

Inflation will be stickier than expected, delaying the start of long-awaited interest rate cuts. Here’s why we still expect that rates are likely to hold steady until the middle of 2024.

Inflation will be stickier than expected, delaying the start of long-awaited interest rate cuts. Check out the link below to learn more.

The second wave arrives. For those us old enough to remember the 1970’s, there were 2 waves of inflation that washed over the economy. The first driven by deficit spending (Congress) hand-in-hand with the Federal Reserve printing money. The second as a result of the first, then driven by economic forces like supply, demand, the marginal cost of labor, etc. Keep your eyes on the inflation statistics!