The US disinflation story is over. We were in the dovish inflation camp in H2 2022, as inflation momentum was clearly slowing. But that slowing has run out of steam and quarter-over-quarter (lhs) and 3-month (rhs) core inflation rates are ticking up. More Fed hikes are coming… pic.twitter.com/tGGtKndRQm
— Robin Brooks (@RobinBrooksIIF) March 14, 2023
Under Biden, costs for everything are WAY UP pic.twitter.com/YTv9wyQJ3N
— RNC Research (@RNCResearch) March 14, 2023
BIDEN INFLATION CRISIS: "It's food, it's shelter, rent, all sending [the] Consumer Price Index up month-over-month and year-over-year." pic.twitter.com/hXhRcZXtRY
— RNC Research (@RNCResearch) March 14, 2023
The Fed is trapped. Which way will they go?
A) Raise rates and continue to cause banks to fail.
or
B) Fed pivot, bailout banks balance sheets, inflation runs higher. t.co/H0Ht41MQIJ— Wall Street Silver (@WallStreetSilv) March 13, 2023