These statements about transitory inflation are bs, it is INFLATION!

Nice call shithead! Who should we trust, the Fed or some loser who lives in his parents basement wearing an Avenatti for President tshirt?

The Federal Reserve raised the target range for its benchmark interest rate by 0.25% on Wednesday and didn't commit to being done hiking rates this year.

Wednesday's move pushed interest rates to a new range of 5.25%-5.50%, the highest level since March 2001. With the hike largely priced in, investor focus shifted to what Chair Jerome Powell said about the state of the economy and the future path for rate hikes.

"The process of getting inflation back down to 2% has a long way to go," Powell said

And?

It keeps going down aka TRANSITORY, you were hoping things would stay worse since you are a MAGAT wishing everyone bad but it didn't turn out to be the case.

As usual you were wrong. Enjoy Trump2020 and Trump2024.
 
And?

It keeps going down aka TRANSITORY, you were hoping things would stay worse since you are a MAGAT wishing everyone bad but it didn't turn out to be the case.

As usual you were wrong. Enjoy Trump2020 and Trump2024.

“Our experts believe and the data show that most of the price increases we’ve seen were expected and are expected to be temporary."

Biden

Have the price increases been temporary? Are prices where they were in Jan 2021? Is inflation still above the Fed's target?
 
“Our experts believe and the data show that most of the price increases we’ve seen were expected and are expected to be temporary."

Biden

Have the price increases been temporary? Are prices where they were in Jan 2021? Is inflation still above the Fed's target?

Inflation is coming down aka it's transitory and not permanent as you want to pretend.

Check the economic data today, another useless failed prediction by you.
 
Inflation is coming down aka it's transitory and not permanent as you want to pretend.

Check the economic data today, another useless failed prediction by you.

So we are not allowed to quote Biden now? Why did the Fed raise rates?

Next thing you are going to claim is Biden's Afganistan exit was well thought out.
 
Inflation has gone up every month since Biden took office
Show me a month it has not been positive

For the record, a healthy economy needs some inflation. Too much inflation is a bad thing and deflation is a bad thing.
 
Inflation is coming down, deal with it.

Consumer prices rose by 3.2% annually in July

Biden told us the price increases were temporary and they would come back down.

I am still waiting.

R.83700bbac5eb6b8174ded30527db1ac7
 
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