A key inflation gauge tracked by the Fed slowed in February

Posted by IDQWE001 > 2023-03-31 20:59 | Report Abuse

WASHINGTON (AP) — The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the Fed's yearlong effort to cool price pressures through steadily higher interest rates. Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a 0.6% increase from December to January. Measured year-over-year, prices rose 5%, slower than the 5.3% annual increase in January.

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4 comment(s). Last comment by IDQWE001 2023-04-01 09:48

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-03-31 21:03 | Report Abuse

u may think US dollar is collapsing later will be priceless like toilet paper, u may also think that US economy is dead end or country going bankcrupcy. If so, please refer to other country economy indicators for your investment reference. For me it is useful gor global economy indicators.

foongsh

1,378 posts

Posted by foongsh > 2023-04-01 08:19 | Report Abuse

Why CCP keep on condemning US ?
"It is just to stir up nationalist sentiments, confuse the public and divert contradictions." If you don't stigmatize the United States, don't stigmatize universal values, and everyone learns American freedom, democracy, human rights, and the rule of law, then what? Only to establish such a point of view: the reason why the United States is strong is not their bullshit democracy, freedom and rule of law, but their most rogue, shameless and fond of war; The United States is so developed that it is achieved by plundering and oppressing other countries. This would allow for a shift in focus in order to consolidate rule.

Therefore, many ordinary people who do not know right and wrong will be led in a wrong direction: it turns out that as long as the barrel of the gun is hard, as long as it is rogue enough and ruthless enough, we can be as strong as the United States; As long as we trample other countries under our feet, we will become the world's boss. This is how many wolves come from. ”

"First of all, human beings are the most likely to cede their rights and give up their freedoms because of security threats, so creating fear and hatred is the best way for authoritarian regimes to fool people into giving up their rights and freedoms.

brandon99

151 posts

Posted by brandon99 > 2023-04-01 09:16 | Report Abuse

A few years before WWII, Germany's economy overtook UK and became world 2nd largest economy after US. Hxler then stirred up the mood for extreme nationalism like what is happening in China and Russia now.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-04-01 09:48 | Report Abuse

Posted by brandon99 > 23 minutes ago | Report Abuse

A few years before WWII, Germany's economy overtook UK and became world 2nd largest economy after US. Hxler then stirred up the mood for extreme nationalism like what is happening in China and Russia now.

You are right. CCP GDP per capital only higher than Malaysia US 1000+, so soon want to lead countries like Iran, Russia, North Korean etc. to confront the whole world and everyday chanting US dollar collapsing and US bankrupcy. There is a lot of problem in own country eg. property sector collapsing, house owner refuse to pay housing instalment, ban of chips technology, lost of the most favor nation, military conflict Taiwan, India, South China Sea etc,.

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