Inflation may be sticky. That’s a curveball to JPow. We will see if he cuts rates for the election year or if he tries to save his own image

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Meanwhile, 1 year trend is still significantly down and (according to truflation) has dipped lower than their target several times. The real questions is if bidens war and the US infinite spend don't bring gas, goods, and wages higher to counteract the progress.

He's playing a very different game. This is about breaking the ECB.

You’ve been doom posting for the last 12 months…maybe things will be ok?

Would it matter to voters?
Two years of high inflation has baked higher prices in for everyone. Unless you saw an equivalent increase in wages (most didn’t) the pain of higher costs won’t be cured by lower rates.

The economy is surviving a 5% rate. We’re still seeing pockets of growth at this impressively high rate. Energy, tech , food independence has America moving faster. Productivity is rising . I think America is secured for another decade or two for economic improvement .