Inflation Slows A Little (Core PCE Worth Progress 4.6% YoY) In February, However Stays Excessive Regardless of Fed Withdrawal (Is US A Failed State?)

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Inflation Slows A Little (Core PCE Worth Progress 4.6% YoY) In February, However Stays Excessive Regardless of Fed Withdrawal (Is US A Failed State?)

bizadmin

March 31, 2023

Inflation Slows A Little (Core PCE Worth Progress 4.6% YoY) In February, However Stays Excessive Regardless of Fed Withdrawal (Is US A Failed State?)

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Inflation is slowing just a bit. However my feeling about The Fed (that partly prompted the issue within the first place by conserving charges too low for too lengthy (TLTL) beneath Yellen is all I can do is snort.

The US Core Deflator (Private Consumption Expenditure CORE PRICE Index YoY fell solely barely in February to a still-high 4.6% in February regardless of The Fed jacking up rates of interest and slowing M2 Cash progress.

I assumed Biden and Congress handed the inflation discount act??

I forgot. Below Obama/Biden, the US is now a failed state. Or a banana republic with out bananas. Option to go Joe!

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