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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The administration claims inflation fell to 2.4% Not sure I am seeing it where I shop, but perhaps other parts of the country are better.[/quote] Is this the report that was incorporating 0s from items not tracked during the shut down? [/quote] Yes that has messed with the data and it will continue to be unreliable for months. “Because a government shutdown paralyzed the Bureau of Labor Statistics last October and November, nobody knows what inflation was in two of the last four months. But nothing in the data that we do have for the past eight months suggests we have recently been experiencing an inflation trend nearly as low as 2.4%. On the contrary, average CPI inflation from last June through January was 3.2%.” [twitter]https://x.com/alanreynoldsecn/status/2022381808977911839?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote]
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