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  • US inflation: Is the elusive peak finally here?

    From xm.com

    Following last week’s blistering jobs report out of the United States, investors will be turning their attention to Wednesday’s July inflation figures as bets of a 75-basis-point rate hike in September are back on. However, this time round, the CPI data, due at 12:30 GMT, might break with recent tradition and point to some cooling of price pressures. But what would a soft inflation report mean for the Federal Reserve? The US dollar’s post-NFP bounce back could be undone if the numbers show that inflation has likely peaked. Is the US in recession or not? A technical recession is defined as two consecutive ... (full story)

NOPE!!!!

WHY???

These MBA/PhD/etc. economists haven't taken rents into consideration. Furthermore oil will rise as the temps fall especially since the EU is going to have to switch to oil from natural gas because they won't be able to afford NatGas.

In addition food shortages will only begin to be felt in the 3rd world in December - in the spring it will become noticeable.

Finally what difference does PEAK INFLATION make??? The FED is NOT going to pivot while interest rates are 2.5% and inflation has come down from 9.0 to 7.2%

DON'T FIGHT THE FED!!!
...because you never know - until you do!
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