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SirDerpy ,

In July, the Consumer Price Index for All Urban Consumers rose 0.2 percent, seasonally adjusted, and rose 2.9 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.2 percent in July (SA); up 3.2 percent over the year (NSA).

source

The Fed rate isn’t coming down with CPI still above 2% over the last 12 mo.

The rate of change of velocity of money is slowing source. There is no soft landing.

Real analysis isn’t even necessary. They’re outright lying.

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