Current Inflation Track Compared to the 1970s – higher rates and bank chaos ahead.

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Current Inflation Track Compared to the 1970s – higher rates and bank chaos ahead.
byu/j_stars inWallstreetsilver

BREAKING: February CPI inflation rate RISES to 3.2%, above expectations of 3.1%.

Core CPI inflation fell to 3.8%, ABOVE expectations of 3.7%.

This is the 35th consecutive month with inflation above 3% and second straight increase.

A Fed pivot is becoming less likely.

— The Kobeissi Letter (@KobeissiLetter) March 12, 2024

See also 10-year inflation swaps surge with the market; ALERT: Inflation-adjusted S&P 500 is severely overextended.

See also In just 24 hours we go from "Zelensky says Ukraine must do all it can for war to end next year through diplomacy" to "Ukraine uses US long-range missile strikes" - WTF changed?

h/t j_stars

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