Wednesday, June 11, 2025

It Is Not Bad Yet. Trust Us, It Will.

6/11/25 New York Times:
"U.S. Inflation Remains Muted, With Limited Effects From Tariffs

The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of President Trump’s tariffs."

Of course,  if it turns out that competition from low-tariff nations and U.S. manufacturing keeps prices down, what will they report?

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