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Reply to "April inflation lowest since 2021"
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[quote=Anonymous][quote=Anonymous]It isn't all good news. "However, economists warn it’s not a matter of if, but when, tariffs levied by President Donald Trump start to reignite inflation, at a time when it has nearly been tamed from pandemic-era highs. “It felt like we could just about declare victory on putting inflation back in the bottle, and it’s back out again,” said Mark Zandi, chief economist at Moody’s. He expects tariffs to start noticeably impacting inflation in the May CPI report issued next month. “Soak this report in,” Zandi said. “It’ll be a while before we get another good one.”"" https://www.cnbc.com/2025/05/13/cpi-inflation-breakdown-april-2025-in-one-chart.html[/quote] These “experts” like JP Morgan have already retracted their predictions and they were wrong on the jobs reports too. They are consistently wrong when it comes to predicting anything positive out of Trump. It’s always in one direction.[/quote]
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