Consumer Price Index Summary - 2023 M05 Results
www.bls.gov
    • coldredlight ( coldredlight@beehaw.org ) English
      3·
      3 years ago

      I think that’s inflation cut in half from last year’s peak now, so we’re definitely getting there. It really does seem like the soft landing is a likely outcome at this point, we mostly keep getting closer to it.

      • ImFresh3x ( ImFresh3x@sh.itjust.works ) English
        3·
        3 years ago

        Yep. We went from worst inflation since the 80s to inflation of moderate concern all without jobs numbers being impacted by rates. Wish we would raised rates a bit sooner, but it seems worst case crisis has been avoided for now.

      • shortwavesurfer ( shortwavesurfer@monero.town ) English
        2·
        3 years ago

        Until the commercial real estate market crashes in ~5-10 months. Remember that all the things coming down now lag rates by ~6-12 months. So we are seeing the effect of rates near the end of '22 when they were in the 3% range.