Humming right along, that’s us.
Look at this chipper little administration gnome cheering us along our way!
Why, the Treasury Secretary assured us yesterday, you’ll soon be living in a land of sweet milk and Biden honey, where you won’t notice a thing!
Yeah. She really said that.
And I wanna believe her – don’t you?
JUST KIDDING
About that inflation snek they keep trying to paper over as they wrestle with it under the porch – it’s not going so well.
On Tuesday, the Consumer Price Index (CPI) was released to mega moans of dismay, as the core inflation numbers contained came in much hotter than analysts expected and rate cut hawks were praying for. The core CPI inflation rate was expected to fall and didn’t, while the monthly CPI inflation rate came in 20 basis points higher than they expected.
…If this is a one-off reading, the administration can brush it off as an aberration. Or…
