Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago

[moe]

Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago

“It is hard to say which is more remarkable: that GDP growth accelerated last year following the Fed’s most aggressive tightening campaign in decades, or that core inflation nevertheless fell back to the 2% target in annualized terms over the second half of the year,” wrote Andrew Hunter, deputy chief U.S. economist at Capital Economics.

 

[Airport]

Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago

“It is hard to say which is more remarkable: that GDP growth accelerated last year following the Fed’s most aggressive tightening campaign in decades, or that core inflation nevertheless fell back to the 2% target in annualized terms over the second half of the year,” wrote Andrew Hunter, deputy chief U.S. economist at Capital Economics.

Still 15% higher than it would have been had Trump stayed in office. My only hope is that all the poors that voted for him are starving.

 

[atlkvb]

When most voters think of creepy Joe Biden today, this is what they see

We're being invaded, Americans are pissed, and there's only one guy they blame for losing control of our border....

This guy....
Who Love's 'ya Baby????

They can't stand you creepy Joe....matter of fact almost everybody despises you!

What Biden's record low approval rating, and Trump sweeping Iowa caucuses tells us about November '24 election

excerpt:
"This only adds to the escalating bad news for Biden, already struggling with some of the lowest approval ratings for any president in recent history. With an uncertain economic outlook, chaos at the border and rising insecurity in the world, Biden faces overwhelming headwinds. "Don’t be surprised if the calls within his own party for him to stand down and for a Democratic nominating contest to take place at this summer’s convention grow much louder."