Quote:
Originally Posted by Tyga11
What do you mean the CPI is 'roaring back?' That's not even close to correct. Wages have been stabilizing for awhile and the job growth has been in travel + leisure. Are you just parroting what you see on the news? Energy has nothing to do with the Fed.
The 'consumer' as you put it are all grandfathered in low interest rates for the most part and are immune to what's happening. Just stop with this madness okay?
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The absolute reverse... i see what's going on around me and by talking to people I know and understand how hard it is for many.
Are you saying we didn't just have a job revision?
https://www.cnbc.com/2023/09/01/jobs...gust-2023.html
Are you also saying wages stabilizing are a good thing lol? I guess if you are a business owner then yea.
https://www.cnbc.com/2023/08/10/cpi-...july-2023.html
Inflation is still at over 3% which is well above the fed target... but again, there is already talk about revising that to a standard rate lol as opposed to 2%. Prices are up dramatically over 3 years and wage growth didn't keep up...