10 Aug '23 at 9:40 am #63768
Keymaster
Mathematically, 0.2% month-to-month inflation times 12 months = 2.4% annualized
That is “if” every month of year held at 0.2% — but given volatility of OIL prices
and new AUG-22 “BRICKS” alternate currency to $$$ & many other factors
More small FED increases could be on the way & still have stagflation/recession risks
Employment still remains super-strong as an offsetting “Bidenomics” factor (lol)