CPI Number came in at 2.9% (which of course doesn't mean much in itself as it doesn't factor in other inflation numbers) but it's starting to look like a rate cut might be coming sooner rather than later.
CPI Number came in at 2.9% (which of course doesn't mean much in itself as it doesn't factor in other inflation numbers) but it's starting to look like a rate cut might be coming sooner rather than later.
It also doesnt factor in deflation.
There's a lot of things missing from it which a vast majority of people don't seem to understand lol
Well you cant calculate deflation since it takes away from GDP. Also a lot of that went to zero which cannot be factored in.
It is why, while most people complain about inflation, the standard of living in most countries keeps rising.