What happened to the recession and market crash we were warned about?
The DOW is back up into record territory, and no recession in sight.
Why were the experts wrong?
Why were the experts wrong?
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DogMan · 61-69, M
What is the Current Inflation Rate?
July 15, 2025 by Tim McMahon Leave a Comment
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Current Annual inflation for the 12 months ending in June 2025 is 2.67%
Jump to Current Inflation Table | Jump to Current Inflation Chart
Inflation is down from the June 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs.
High inflation rates also correspond to high interest rates as lenders need to compensate for the decline in purchasing power of future interest and principal repayments. This results in higher costs of doing business and place an overall drag on the economy. Currently, CDs and Savings accounts are paying more than they have in a long time. If you are lucky, you can get 3.5% interest on your savings which will actually give you a small positive return after inflation, except that if you have to pay taxes on the "gain" you are still losing
July 15, 2025 by Tim McMahon Leave a Comment
Share the wealth!
Current Annual inflation for the 12 months ending in June 2025 is 2.67%
Jump to Current Inflation Table | Jump to Current Inflation Chart
Inflation is down from the June 2022 peak of 9.06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs.
High inflation rates also correspond to high interest rates as lenders need to compensate for the decline in purchasing power of future interest and principal repayments. This results in higher costs of doing business and place an overall drag on the economy. Currently, CDs and Savings accounts are paying more than they have in a long time. If you are lucky, you can get 3.5% interest on your savings which will actually give you a small positive return after inflation, except that if you have to pay taxes on the "gain" you are still losing
samueltyler2 · 80-89, M
@DogMan June 2022, you could choose a worse month to compare with. You admit that it was the height of the inflation.
DogMan · 61-69, M
@samueltyler2 Yes it was the peak and it was caused by the Covid lockdowns. 2.67 Isn't as bad as it could be.
High interest rates are keeping it from going lower.
High interest rates are keeping it from going lower.