CPI for February is out
The consumer price index increased 0.2% for the month, putting the annual inflation rate at 2.8%. This was lower than the respective Dow Jones estimates for 0.3% and 2.9%. Core CPI, which excludes volatile food and energy prices, rose 0.2% on the month and 3.1% for the past 12 months, both below expectations.
This is hardly an endorsement of tRUMP’s bizarre economic moves. For now, the markets are relatively flat and quiet.
We’ll see if tRUMP can refrain from publicly displaying his ignorance and not crash the markets for at least one day.
This is hardly an endorsement of tRUMP’s bizarre economic moves. For now, the markets are relatively flat and quiet.
We’ll see if tRUMP can refrain from publicly displaying his ignorance and not crash the markets for at least one day.
