/biz/ - Business & Finance

>>57371373
>>57371379
April will also be the month when your yoy cpi bullshit will start to fade. (not the highlighted part, that was another topic of discussion)

>>57313541
Powell is the retard actually. He's clearly a pussy. And a selfgratulating (not sure if right work (nonnative)). He literally said the acted fast in regards to rates. He probably meant the acceleration of hikes. But he sure didn't act fast. He waited over a fuckin year.

>>57267360
>transitory
>just jumped to 4% in April 2021 and took over a year for hikes to start with 25 bps hikes to counter +100% inflation of goaltarget.

>>57257737
I also expected them to lower after those numbers (left), but goddamn, consooooom + rent

What a scam to be expect 3,2% after picrel

>>57179903
>But all of them were extremely slow to react to the high inflation and to me that is unforgivable

That is absolutely true.
It took them more than a year. Inflation April 2021 was 4% in the US:

>>57062063
>>57061961
Inflation April 2021 was 4%. He needed 1 year to start raising rates in 25bps steps. That is retarded. He should have immediately acted in 2021 and started raising til 1-2% to counter the rise.

Picrel highlights something else, but you can see inflation of each month.

>>56962861
>>56962837
Fuck wrong chart. I meant to post this one.

>>56953162
inflation isn't really cooling. Inflation in 2022 was just extremely strong. Especially october-nov-december etc.

Look here,

September 2021 to october 2021 it went up from 5.4 to 6.2
September 2022 it was 7,7 and october 2022 it was 7,1

So october 2022 was almost only lower because october 2021 was so high vs september 2021

This is why October 2023 was such a massive drop from 3,7 (sep 2023) to 3,2

December 2021 and 2022 the same shit

Inflation end of 2022 appeared lowering but it actually was very strong as end of 2021 was increasing.

Numbers are all FUCKED. Powell will probably know this. 3,2 is actually pretty high considering the double y/y effect.