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Bloomberg.com
Steady CPI Data Raise Chance of 2025 Rate Cuts
Matt Luzzetti, chief US economist at Deutsche Bank, reacts to the latest inflation data as steady increases in CPI - the consumer production index - are another signal the Fed is set to cut rates when officials meet next week. (Source: Bloomberg)
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9.1K views · 888 reactions | The Consumer Price Index is a highly manipulated index of consumer prices that the Fed uses as a measure of inflation. But when they make so many substitutions and adjustments to the way they calculate the CPI, why should we believe the results are reliable? #peterschiff #inflation #cpi #biden #economy #prices #fed #business #finance #stockmarket | Peter Schiff | Facebook
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9.1K views · 888 reactions | The Consumer Price Index is a highly manipulated index of consumer prices that the Fed uses as a measure of inflation. But when they make so many substitutions and adjustments to the way they calculate the CPI, why should we believe the results are reliable? #peterschiff #inflation #cpi #biden #economy #prices #fed #business #finance #stockmarket | Peter Schiff | Facebook
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