They want you to believe that inflation is just doing fine. Just compare prices (gasoline, food, utilities …) from January 2021 and now. Grocery went up by 75% and more.
What’s The US’ Projected Inflation Rate In 2023?
Key takeaways
- Inflation has decreased in the US six months in a row, a sign that the Fed’s aggressive interest rate-raising approach is working
- Stock markets have enjoyed a brief bump thanks to a string of good news for the economy, after pricing in fears of a recession
- However, the Fed is expected to stick to rate increases after the lowest levels of unemployment in 50 years were revealed
