Economy

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US inflation unexpectedly increases to 3% in January (www.ft.com)

submitted 5 months ago by cyrano@lemmy.dbzer0.com to c/economy@lemmy.world

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Figure bolsters case for Federal Reserve to proceed slowly with interest rate cuts https://archive.is/8b8mS

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[–] TheEtherBunny@lemmy.world 39 points 5 months ago (1 children)

“Unexpectedly”? Put down the pipe, FT.

[–] UnderpantsWeevil@lemmy.world 11 points 5 months ago* (last edited 5 months ago) (2 children)

"We know he said he was imposing tariffs but we didn't think he was actually going to do it" is a line I've been reading in so many finance journals and hearing on briefings over the last month.

[–] spankmonkey@lemmy.world 10 points 5 months ago (1 children)

"He always does the dumbest thing, but I didn't think he would do this dumbest thing."

[–] HubertManne@moist.catsweat.com 3 points 5 months ago

I love how he thinks this stuff just happens by magical command and then we have nothing in place to do it so he suspends it for a month and china does it right away.

[–] lurch@sh.itjust.works 2 points 5 months ago

damn, is he "hurting the wrong people" again? who would've thunk