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Giuliano Giacaglia
@giu
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
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Old Gods
@oldgod
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.
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Old Gods
@oldgod
From a narrative standpoint though, I feel like people are bored of "inflation" and ratecuts as a topic and might start looking to other metrics.
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