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
h/t j_stars